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Investment opportunity, a new building with first occupants and very luxurious finishes in Al Rumaila on Ajman Corniche, with the possibility of conve
Property for Sale in Ajman - Great Investment OpportunityLocation:
Features and Amenities:
Residential Unit Details:
Investment Details:
Business Opportunities:
Asking Price:60,000,000 AED negotiable.
Property Features:
- Ajman, Al Rumaila 1, Second Row from Ajman Corniche.
- 11,457 sq. ft.
- The building consists of a ground floor and 8 upper floors, totaling 9 floors.
- The modern design offers spacious and comfortable areas suitable for both residential and commercial needs.
Features and Amenities:
- Central Air Conditioning
- The building is equipped with a modern central air conditioning system that ensures a comfortable environment and energy efficiency.
- Cooling Drainage System
- The building features the latest systems to reduce cooling consumption, making it highly energy-efficient.
- Central Natural Gas
- The central natural gas system ensures affordable energy supply and effective consumption.
- Central Water Heater System
- Provides continuous hot water supply to all units.
- Built-in Wall Cabinets
- All apartments are equipped with built-in wall cabinets, offering additional storage space.
- Partially Equipped Kitchen
- The kitchens are partially equipped with a microwave, oven, and gas stove, providing additional convenience for residents.
Residential Unit Details:
- 48 Two-Bedroom Apartments: Spacious and ideal for families or individuals needing extra space.
- 32 One-Bedroom Apartments: Comfortable for singles or couples, with a design that suits modern living.
- 5 Large Studios: Flexible and comfortable living spaces, ideal for students or individuals preferring open spaces.
- Large Office on the Ground Floor: The office on the ground floor is perfect for a restaurant or any other commercial activity, thanks to its prime location and large space.
Investment Details:
- Actual Income for the Building: 5,200,000 AED annually, offering a stable and guaranteed income.
- Investment Contract: Currently leased with an investment contract for 6 years, with a total value of 25,300,000 AED, ensuring long-term income flow.
Business Opportunities:
- Potential to Convert the Building into a Hotel
- With its unique design and various spaces, the building is perfectly suited for conversion into a hotel. Its prime location next to Ajman Corniche makes it an attractive choice for tourists.
- Utilize the Commercial Office
- The office on the ground floor can be transformed into a restaurant or any other business, increasing profitability and boosting the property value.
Asking Price:60,000,000 AED negotiable.
Property Features:
- Luxury finishes and modern facilities.
- Strategic location near Ajman Corniche.
- Strong investment income and guaranteed returns.
- Potential to convert into a hotel.
- High investment return.
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Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 106592-Bak6j9
- CompletionReady
- Average Rent
- Added on3 April 2025
Features / Amenities
Balcony or Terrace
Shared Kitchen
Jacuzzi
Sauna
+ 32 more amenities
