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For sale: A distinctive residential and commercial building in Al Muwaihat, Ajman 🏢
For sale: A distinctive residential and commercial building in Al Muwaihat, Ajman 🏢
A guaranteed investment in the heart of Ajman with a strategic location and a rewarding annual income!
We offer you an exceptional investment opportunity to own a modern building fully leased to a famous company with a comfortable contract for only two checks.
Property specifications:
Location: Al Muwaihat, Ajman - a central and vital area close to main services.
Building permit: Residential and commercial, allowing flexibility in use.
Building Structure:
Ground Floor
Mezzanine Floor
2 Additional Floors
Property Details:
Plot Area: 6,405 sq. ft.
Total Number of Units: 29
Commercial Units: 9 Shops
2 Bedroom Apartments: 4 Units
1 Bedroom Apartments: 6 Units
Studios: 6 Units
Mezzanine Floor Offices: 4 Units
Financial Features:
Asking Price: AED 8,500,000
Net Annual Income: AED 700,000
ROI: Approximately 8.5% (Net) – Excellent return and a rare opportunity in the real estate market.
Why Invest in This Property?
Fully Leased: No need to look for tenants, the property generates a steady and stable income.
Contract with a reputed company: Enhances the reliability of cash flows and ensures continuity of revenue.
Variety of Units:
A mix of shops, offices, and apartments makes the property attractive to a variety of tenants.
Strategic location:
Close to public services, schools and markets, which increases the attractiveness of the property to tenants.
High return on investment: Great net profit rate that ensures the investment value is recovered in a reasonable time.
A guaranteed investment in the heart of Ajman with a strategic location and a rewarding annual income!
We offer you an exceptional investment opportunity to own a modern building fully leased to a famous company with a comfortable contract for only two checks.
Property specifications:
Location: Al Muwaihat, Ajman - a central and vital area close to main services.
Building permit: Residential and commercial, allowing flexibility in use.
Building Structure:
Ground Floor
Mezzanine Floor
2 Additional Floors
Property Details:
Plot Area: 6,405 sq. ft.
Total Number of Units: 29
Commercial Units: 9 Shops
2 Bedroom Apartments: 4 Units
1 Bedroom Apartments: 6 Units
Studios: 6 Units
Mezzanine Floor Offices: 4 Units
Financial Features:
Asking Price: AED 8,500,000
Net Annual Income: AED 700,000
ROI: Approximately 8.5% (Net) – Excellent return and a rare opportunity in the real estate market.
Why Invest in This Property?
Fully Leased: No need to look for tenants, the property generates a steady and stable income.
Contract with a reputed company: Enhances the reliability of cash flows and ensures continuity of revenue.
Variety of Units:
A mix of shops, offices, and apartments makes the property attractive to a variety of tenants.
Strategic location:
Close to public services, schools and markets, which increases the attractiveness of the property to tenants.
High return on investment: Great net profit rate that ensures the investment value is recovered in a reasonable time.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 105936-48WiHS
- CompletionReady
- FurnishingFurnished
- Average Rent
- Added on13 December 2024
Features / Amenities
Furnished
Balcony or Terrace
Centrally Air-Conditioned
Central Heating
+ 22 more amenities
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks