A distinctive residential and commercial building

For sale directly from the owner: a distinctive residential and commercial building in the Liwara 1 area of Ajman. This is a rare investment opportunity in a strategic and vibrant location close to all services and public facilities such as schools, markets, hospitals, and main roads.

The building occupies a total area of 2,000 square feet, while the total area with the adjacent land is 4,843 square feet. This provides the buyer with the potential for future expansion or investment in the vacant land next to the building for an additional project or to increase the return on investment.

The building consists of five two-bedroom apartments, one studio, and three commercial shops on the ground floor. All units are in excellent condition following comprehensive maintenance of the building, both inside and out, making them ready for immediate occupancy at no additional cost.

The current annual income is AED 125,000, which can easily be increased to AED 215,000 by updating the rental rates or leasing the adjacent land. The building is 23 years old but in excellent condition after complete maintenance of all facilities and services.

This building is a guaranteed investment opportunity with a high return and a prime location in the heart of Liwara, a densely populated area. High-end and ongoing business activity

Asking price: AED 2,500,000 only

For inquiries, please call:
0502219557

A distinctive residential and commercial building

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