AED 11,000,000
Own this from just
39,588 AED/month0
7,000 sqft / 650 sqm
WHOLE BUILDING FOR SALE IN SHEIKH JABER AL SABAH STREET, AL NAIMIYAPrime Investment Opportunity in Ajman – Right Next to Sharjah
A newly built residential building is available for sale in a strategic location in Ajman, directly on a main road that borders Sharjah. The property is situated in a vibrant area close to all essential services and amenities.
Property Details:
Building age: Less than 5 years
Plot size: 7,000 sq. ft.
Composition:
• Ground floor
• 2 floors dedicated to parking
• 6 identical residential floors
Total units:
• 18 apartments with 2 bedrooms and a hall
• 12 apartments with 1 bedroom and a hall
A large retail space on the ground floor currently rented to a pharmacy under an ongoing lease
Current Annual Income:
AED 859,000 (including income from apartments, parking, and the pharmacy)
Income Potential:
Existing rental contracts are under old rates
Potential to increase rents by up to 20% for existing tenants
Up to 40% increase possible if new tenants are introduced in the coming months
Asking Price:
AED 11,000,000 – Negotiable
An ideal investment opportunity offering stable current returns with strong potential for higher income due to the location and rental flexibility.
New Residential Building for Sale – Border of Shar
A newly built residential building is available for sale in a strategic location in Ajman, directly on a main road that borders Sharjah. The property is situated in a vibrant area close to all essential services and amenities.
Property Details:
Building age: Less than 5 years
Plot size: 7,000 sq. ft.
Composition:
• Ground floor
• 2 floors dedicated to parking
• 6 identical residential floors
Total units:
• 18 apartments with 2 bedrooms and a hall
• 12 apartments with 1 bedroom and a hall
A large retail space on the ground floor currently rented to a pharmacy under an ongoing lease
Current Annual Income:
AED 859,000 (including income from apartments, parking, and the pharmacy)
Income Potential:
Existing rental contracts are under old rates
Potential to increase rents by up to 20% for existing tenants
Up to 40% increase possible if new tenants are introduced in the coming months
Asking Price:
AED 11,000,000 – Negotiable
An ideal investment opportunity offering stable current returns with strong potential for higher income due to the location and rental flexibility.
Property details
Property Type
Whole Building
Property Size
7,000 sqft / 650 sqm
Bathrooms
none
Available from
28 Aug 2025
Amenities
Covered Parking
Networked
Lobby in Building
Vastu-compliant
Location
Provided by
Amira saad9
No ratings
AL MERO REAL ESTATE L.L.C
See agency properties (1240)Response time
within 5 minutes
Experience
3 years
Languages
English, Arabic
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Monthly payment
39,588 AED
with interest rate of
3.75%
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Regulatory information
Reference
01K3RM1VP25Z1QZ4H75Z11T86T
Listed
11 hours ago
Broker License
124775
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Own this property from just
39,588 AED /month
Fixed rates from: 3.75%
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