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22,000,000

Own this from just

79,176 AED/month

Property details

Bedrooms
7+ Beds
Bathrooms
7+ Baths
Property type
Whole Building
Available from
28 Jul 2026
Furnishing
Unfurnished
Price per area
AED2,750/ft²
Area
8,000 ft²

WHOLE BUILDING FOR SALE IN AL NAIMIYA, AL NUAIMIYA

Premium Hotel Tower in Al Nuaimia 1 -

An exceptional investment opportunity, a fully serviced hotel tower in a strategic location directly on Sheikh Khalifa Bin Zayed Street in Al Nuaimia 1, combining high hotel income with the potential for conversion to a residential building with even higher returns — making it a rare opportunity for major investors.

Tower Details:

Location: Al Nuaimia 1, Sheikh Khalifa Bin Zayed Street, Ajman
Land Area: 8,000 square feet
Building Permit: Ground + 4 Parking Floors + 9 Hotel Residential Floors
Building Age: 11 Years
Total Units: 54 Units

Unit Breakdown:

27 Two-Bedroom Apartments with 3 Bathrooms
27 One-Bedroom Apartments

Current Investment Return:

Source Annual Income
Hotel AED 1,800,000
Massage Center AED 180,000
Restaurant AED 165,000
Total AED 2,145,000
Current Investment Return: Approximately 9.8% annually

Potential to Increase Returns:

Upon converting hotel apartments to regular residential units, annual income increases to AED 2,500,000, raising the investment return to over 11% annually

Tower Features:

Direct location on Sheikh Khalifa Bin Zayed Street, one of Ajman's most important streets, ensuring high and continuous demand
4 dedicated parking floors reflecting premium planning standards and providing complete comfort for residents and visitors
Very strong construction ensuring long lifespan and low maintenance costs
Diverse income sources from hotel, massage center, and restaurant ensure stable and varied income
Flexibility between hotel and residential use gives the investor multiple options to maximize returns

Asking Price: AED 22,000,000 - Negotiable

Amenities

Unfurnished

Balcony

Built in Wardrobes

Central A/C

Covered Parking

Kitchen Appliances

Pets Allowed

Security

Concierge

Maid Service


Location

Map preview
Al Naimiya

About Al Naimiya

Learn more

Al Naimiya in Al Nuaimiya offers 1 Bedroom To 30 Bedrooms properties averaging 941 - 32,115 sqft. It currently has 71 active sale listings.

  • Properties Listed71
  • Price range160K - 45M

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Al Mutamaiz Real Estate

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Experience

5 years

Languages

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Regulatory information
Regulatory information

Reference

GBGRNQBTGHK11JQ0M75HZ18GEC

Listed

6 hours ago

Broker License

64347

Agent License

64347

Agent mina muris

mina muris

No ratings

Usually responds within 15 minutes

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