AED 18,000,000
Own this from just
64,781 AED/month7+ Bathrooms
6,458 sqft / 600 sqm
WHOLE BUILDING FOR SALE IN AL NAEMIYA TOWER 1, AL NAEMIYA TOWERSHigh-Income Residential & Commercial Building for Sale – Ajman
Presenting a premium investment opportunity: a full residential and commercial building offering stable rental returns and strong growth potential. Priced at AED 18,000,000, this asset delivers both immediate income and long-term capital appreciation.
Property Overview:
• Land Size: 800.001 m² (≈8,611 sq. ft.)
• Built-Up Area: Approx. 45,000+ sq. ft.
• Total Units: 48 Apartments + 5 Shops
• Current Annual Rental Income: AED 1,248,000
• Projected New Annual Income: AED 1,700,000+
• ROI Potential: ~9% after adjustments
• Ownership: Freehold
Unit Breakdown:
• 48 residential apartments – primarily spacious 1-bedroom layouts (710 – 929 sq. ft. each) designed for high tenant demand
• 5 ground-floor shops – excellent for supermarkets, cafes, or service-based businesses, ensuring strong footfall and visibility
Income & Growth Potential:
• Current rental income: AED 1.248M annually
• Expected new income: AED 1.7M+ annually (with rent revisions & renewals)
• Shops and apartments offer diversified revenue streams
• Strong rental demand ensures low vacancy and steady occupancy
• Upside potential through optimized leasing and refurbishments
Investment Highlights:
• Attractive price at AED 18M with high rental yield
• Balanced mix of residential and commercial tenants
• Located in a well-established, high-demand community in Ajman
• A ready-made, income-generating freehold asset ideal for investors seeking stability and growth
This building represents a secure and profitable investment, combining a steady cash flow with the opportunity for further income growth, making it a standout choice for serious investors in Ajman’s property market.
Profitable Ajman Residential + Commercial Building
Presenting a premium investment opportunity: a full residential and commercial building offering stable rental returns and strong growth potential. Priced at AED 18,000,000, this asset delivers both immediate income and long-term capital appreciation.
Property Overview:
• Land Size: 800.001 m² (≈8,611 sq. ft.)
• Built-Up Area: Approx. 45,000+ sq. ft.
• Total Units: 48 Apartments + 5 Shops
• Current Annual Rental Income: AED 1,248,000
• Projected New Annual Income: AED 1,700,000+
• ROI Potential: ~9% after adjustments
• Ownership: Freehold
Unit Breakdown:
• 48 residential apartments – primarily spacious 1-bedroom layouts (710 – 929 sq. ft. each) designed for high tenant demand
• 5 ground-floor shops – excellent for supermarkets, cafes, or service-based businesses, ensuring strong footfall and visibility
Income & Growth Potential:
• Current rental income: AED 1.248M annually
• Expected new income: AED 1.7M+ annually (with rent revisions & renewals)
• Shops and apartments offer diversified revenue streams
• Strong rental demand ensures low vacancy and steady occupancy
• Upside potential through optimized leasing and refurbishments
Investment Highlights:
• Attractive price at AED 18M with high rental yield
• Balanced mix of residential and commercial tenants
• Located in a well-established, high-demand community in Ajman
• A ready-made, income-generating freehold asset ideal for investors seeking stability and growth
This building represents a secure and profitable investment, combining a steady cash flow with the opportunity for further income growth, making it a standout choice for serious investors in Ajman’s property market.
Property details
Property Type
Whole Building
Property Size
6,458 sqft / 600 sqm
Bathrooms
7+
Available from
12 Sep 2025
Amenities
Covered Parking
Networked
Lobby in Building
Location
Provided by
Ahmed Abdur Rahman
No ratings
ALFORSAN REAL ESTATE
See agency properties (83)Response time
within 5 minutes
Experience
3 years
Closed Deals
1
Languages
English, Arabic, Hindi, Urdu, Bengali, Punjabi
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Monthly payment
64,781 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
01K4Z7MM0NSFDW2M8GQC7JTCWK
Listed
1 month ago
Broker License
122868
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Own this property from just
64,781 AED /month
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