Sale in Al Hamidiya: A buildininthe Hamidiya area with excellent income

“Presenting an excellent investment opportunity: A building for sale in the sought-after Al Hamidiya area, featuring an exceptional location close to the Passport Office, Court and Ajman Traffic. This spacious property extends over an area of 4,200 square feet, offering a mix of residential and commercial spaces across the ground floor and four upper floors, located on a corner And a main street.

The building consists of 3 shops and 16 rooms and halls, and the building features central air conditioning for greater comfort. Currently generating an income of AED 318,000 annually, with the potential to increase returns significantly, with expected profits of AED 412,000 upon lease renewal.
What distinguishes this property is its modernity and strategic location, which provides an opportunity for the owner to achieve maximum returns. With the possibility of furnishing the apartments, the potential income may rise to approximately 650 thousand dirhams annually.

Priced at 4 million and 200 thousand dirhams, this property represents a lucrative investment offer in the booming real estate market in Ajman.