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Building for Sale in Al Mowaihat 1, Ajman
Building for Sale in Al Mowaihat 1, Ajman
Property Overview:
This well-located building in the heart of Al Mowaihat 1 offers a lucrative investment with a mix of residential and commercial units. With proximity to major amenities, shopping centers, parks, and educational institutions, it is an ideal choice for investors seeking high rental income potential.
Contact us today for more details or to schedule a viewing!
Property Overview:
- Location: Al Mowaihat 1, Ajman
- Plot Area: 10,000.17 square feet
- Structure: Ground floor + 3 floors + mezzanine
- Asking Price: AED 18 Million
- Annual Rent Revenue (Including Vacant Units): AED 1.6 Million
- Total Units: 36 residential units
- Ground Floor: 3 studios
- Each Floor (1st to 3rd):4 two-bedroom units
- 5 one-bedroom units
- 2 studios
- Residential Breakdown:9 studios
- 15 one-bedroom units
- 12 two-bedroom units
- Mezzanine Floor Offices:
- 3 offices (2 offices at 2,000 sq. ft. each)
- 1 office at 4,000 sq. ft. with 13 partitions
- Shops on the Ground Floor:
- Total: 13 shops (800 sq. ft. each)
- Status: 8 rented, 5 vacant
- FEWA Bill: AED 2,000
- Security Guard Salary: AED 1,400
- Landmarks:
- Near Nesto Hypermarket
- Close to Ajman University and Saudi German Hospital
- Accessible to schools and mosques
- Nearby Areas:
- Al Rawda (Near Gold Centre)
- City Life Al Tallah Mall
- Galleria Mall
- Restaurants and outdoor parks (Sports Park, Um Fannin Park)
- Travel Distances:
- 13-minute drive to Radisson Blu Hotel, Ajman
- 19-minute drive to Sharjah International Airport
This well-located building in the heart of Al Mowaihat 1 offers a lucrative investment with a mix of residential and commercial units. With proximity to major amenities, shopping centers, parks, and educational institutions, it is an ideal choice for investors seeking high rental income potential.
Contact us today for more details or to schedule a viewing!
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 9884-ekY8oE
- CompletionReady
- Average Rent
- Added on15 January 2025
Features / Amenities
Balcony or Terrace
Jacuzzi
Lobby in Building
Reception/Waiting Room
+ 4 more amenities