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A premium investment opportunity in the heart of AJMAN
A premium investment opportunity in the heart of AJMAN For sale in Al Ramila 1, a highly sought-after location, with proximity to the Corniche offering stunning views and a strategic presence in one of the city’s most prestigious areas. The building is situated on a corner plot with easy access, making it highly visible. The total area of the building is 3,600 square feet, providing ample space for both residential and commercial use.
The property comes with a residential-commercial permit and consists of a ground floor and three additional floors. It features 13 residential apartments, each with 2 bedrooms and a spacious living room, making them ideal for family living or as investment options for tenants. Additionally, there are 5 commercial shops on the ground floor, offering an excellent opportunity for businesses seeking a presence in a busy area close to the Corniche. These shops provide continuous rental income, adding significant value to the property.
The current annual income generated by the building is 390,000 AED, reflecting a strong and sustainable return on investment. If you are looking for a property that provides a steady income stream with the potential for future growth, this building is an ideal choice. It is in excellent condition and benefits from a prime location near essential services like schools, markets, and recreational facilities, making it attractive to tenants.
The asking price for this exceptional investment property is 4,300,000 AED, offering excellent value for money in one of AJMAN best locations. Don’t miss out on the opportunity to own a property with such unique features that promises a stable and profitable return.
For more details or to schedule a viewing, don’t hesitate to contact us today!
The property comes with a residential-commercial permit and consists of a ground floor and three additional floors. It features 13 residential apartments, each with 2 bedrooms and a spacious living room, making them ideal for family living or as investment options for tenants. Additionally, there are 5 commercial shops on the ground floor, offering an excellent opportunity for businesses seeking a presence in a busy area close to the Corniche. These shops provide continuous rental income, adding significant value to the property.
The current annual income generated by the building is 390,000 AED, reflecting a strong and sustainable return on investment. If you are looking for a property that provides a steady income stream with the potential for future growth, this building is an ideal choice. It is in excellent condition and benefits from a prime location near essential services like schools, markets, and recreational facilities, making it attractive to tenants.
The asking price for this exceptional investment property is 4,300,000 AED, offering excellent value for money in one of AJMAN best locations. Don’t miss out on the opportunity to own a property with such unique features that promises a stable and profitable return.
For more details or to schedule a viewing, don’t hesitate to contact us today!
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 106200-JDdgWn
- CompletionReady
- Average Rent
- Added on8 January 2025
Features / Amenities
Service Elevators
Waste Disposal
