Distinctive location / excellent space / great pri

Investment residential building for sale – Al Nuaimiyah 2 – Ajman

A distinctive investment opportunity to own a residential building in a vital location within the Emirate of Ajman, in Al Nuaimiyah 2, one of the most requested areas due to its proximity to services, facilities and main roads.

The building is located in Al Nuaimiya 2 and is characterized by easy access to various regions of the emirate and its proximity to commercial and service facilities, which enhances its investment value and makes it a suitable option for those wishing to have a stable and growable annual income.

Property Details:

Location: Ajman – Al Nuaimiyah 2

Size: 3,600 sqft

Height: Ground+First+Roof

Usage: Residential Investment

Number of units: 9 residential units

Distribution of units:

4 apartments with two bedrooms and a lounge

5 apartments one room and lounge

Current status and income:

The current income is old with expired contracts, which gives the buyer the opportunity to re-rent the units at the current market value.

Expected income after contract renewal: about AED 220,000 per year, reflecting a good return on investment compared to the sale price.

Asking Price: AED 2,290,000

Simple negotiable for serious

Investment Advantages:

Residential location required and close to all services.

An appropriate number of units ensures risk distribution and increases the stability of return.

Possibility of raising income as soon as contracts are updated.

A suitable opportunity for investors looking for a steady annual return with a possibility of future growth.

This building is a practical option for those seeking a well-defined real estate investment in terms of numbers and expected income, in an active area with constant demand for rents.

Distinctive location / excellent space / great pri

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