Building for Sale in Al Mowaihat

Direct from the owner, an exceptional investment building for sale in Al Mowaihat, Ajman. The property is strategically located in one of the area's most active and desirable locations, only 300 meters from Markaz Mall and approximately 100 meters from Choueifat School, making it an attractive choice for investors seeking strong rental returns and long-term capital appreciation.

The building has been developed with premium-quality finishes and modern architectural standards. It consists of a ground floor plus four floors and stands on a land area of 10,600 square feet with a total built-up area of approximately 40,000 square feet.

Property Composition:

• 16 One-Bedroom Apartments generating AED 36,000 annually per unit.
• 16 Two-Bedroom Apartments generating AED 46,000 annually per unit.
• 3 Studio Apartments generating AED 26,000 annually per unit.
• 5 Retail Shops generating AED 55,000 annually per shop.

Total Units: 40 residential and commercial units.

Current Annual Income:
AED 1,746,000.

There are currently four vacant retail shops under leasing process, providing additional upside potential and increased future rental income.

Key Features:

• Prime location in Al Mowaihat, Ajman.
• Close to major schools, shopping centers, and essential services.
• High-quality finishing and construction standards.
• Strong and stable rental income.
• Diversified residential and commercial tenancy mix.
• Excellent accessibility to major roads and facilities.
• Attractive investment opportunity with future growth potential.

Asking Price:
AED 20,000,000.

Price is negotiable for serious buyer

Building for Sale in Al Mowaihat

Amenities

Location

Provided by

Get the right mortgage for you

Regulatory information

Regulatory information

Own this property from just