9,500,000
Own this from just
34,190 AED/monthProperty details
Listed
6 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
10,000 ft²
Price per area
AED950/ft²
Available from
20 Oct 2026
COMMERCIAL BUILDING FOR SALE | PRIME LOCATION
Asking Price: AED 9,500,000
Current Annual Income: AED 630,000
A prime investment opportunity to acquire a commercial building situated on three asphalted roads, in an excellent location just two plots away from Sheikh Ammar Street and directly opposite a mosque.
The property benefits from multiple road frontages and available parking, making it an attractive option for investors seeking a commercial asset with existing rental income and potential for future income growth.
PROPERTY DETAILS
Property Type: Commercial Investment Building
Location: Prime location near Sheikh Ammar Street
Position: Second plot from Sheikh Ammar Street, opposite a mosque
Road Access: Three asphalted roads
Plot Area: 10,000 sq. ft.
Parking: Available
PROPERTY COMPOSITION
18 commercial shops
3 studio apartments
Total: 21 commercial and residential units
INVESTMENT DETAILS
Current Annual Rental Income: AED 630,000
Potential for Increased Income: Yes, subject to rental conditions and leasing opportunities
Asking Price: AED 9,500,000
Approximate Gross Annual Rental Yield: 6.63%, based on the current stated income and asking price, before any applicable expenses.
KEY INVESTMENT ADVANTAGES
The building's position on three asphalted roads offers multiple frontages and convenient access for tenants and customers.
Its proximity to Sheikh Ammar Street provides a strategic location for a variety of commercial activities.
With 18 commercial shops and 3 studio apartments, the property offers a diversified mix of units and potential rental income sources.
Available parking adds convenience for commercial tenants and visitors.
According to the information provided, there are no service charges or maintenance fees. Buyers are advised to verify these details and the property's financial records during due diligence.
With a current annual income of AED 630,000 and the possibility of increasing rental revenue, t
Amenities
Unfurnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Pets Allowed
Security
Maid Service
Lobby in Building
View of Landmark
Location

About Al Nafoora 1 building
Learn moreAl Nafoora 1 building in Al Rawda offers 5 Bedrooms To 21 Bedrooms properties averaging 5,000 - 10,000 sqft. It currently has 3 active sale listings.
- Properties Listed3
- Price range1.8M - 9.5M
Provided by

Z Real Estate
Exclusively on Property Finder
محمد خضر
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Languages
English, Arabic
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Regulatory information
Regulatory information
Reference
8NBFS4A7QFZQN353KYTQBHDV68
Listed
6 hours ago
Broker License
4429110
Own this property from just
34,190 AED /month
Fixed rates from: 3.75%
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