The entireKPH1 building is for sale for 15 million
Property Type:
Whole Building
Property Size:
12,001 sqft / 1,115 sqm
Bathrooms:
7+
Available from:
2 Apr 2024
Location
Al Naemiya Tower 3
Ajman, Al Nuaimiya, Al Naemiya Towers
Agent
Tuha Tuha
AMOON REAL ESTATE
(297 Properties)Amenities
Maids Room
Concierge
View of Landmark
Description
1. *Strategic location*: The building is considered a privileged location, as it is located on Sheikh Khalifa Street in Ajman, which is a central location, easy to access, and enjoys heavy traffic. The street enjoys the availability of public services and facilities, and it is located next to Dubai Islamic Bank, which enhances the value of the site from a commercial perspective.
2. *General Structure*: The building consists of a ground floor and 6 floors, which provides multiple investment opportunities and the possibility of increasing the return on investment.
3. *Land area*: The land area on which the building is located is approximately 12,001.86 square feet, which provides sufficient space to provide additional facilities and services.
4. *Ownership and Age*: The building is owned directly by the owner, and the building is approximately 25 years old, which is considered acceptable and does not require very expensive maintenance procedures at the present time.
5. *Current income*: The building achieves an annual income estimated at approximately 1,503,000 dirhams, which is a good amount that reflects stability in investment and enhances the building’s attractiveness to investors.
6. *Residential and commercial units*: The building includes a variety of residential and commercial units, including 52 residential units and 6 shops, which provides multiple investment opportunities and attracts different types of tenants.
7. *Sale price*: The required selling value of the building is about 15 million dirhams, which is a price considered appropriate in relation to the current specifications and income of the building.
In short, this building is considered a good investment opportunity due to its prime location and the
good annual income it achieves, and it can be an ideal choice for investors wishing to
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
54,787 AED
with interest rate of
3.89%
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Reference:
AlNuaimiyaBuilding3
Listed:
26 days ago
Broker ORN:
121394
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54,787 AED/monthTuha Tuha usually responds within 30 minutes
Own this property from just
54,787 AED /month
Fixed rates from: 3.89%
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