Freehold Residential building for sale in Ajman

Seagate Properties proudly presents and excellent investment opportunity in Ajman freehold residential building for sale, is a prime property situated at the vibrant intersection of Sharjah and Ajman in the bustling Al Nuaimiya area. This seven-year-old building stands as a testament to modern architectural design and offers a lucrative investment opportunity. Boasting a strategic location on the main street, this fully rented building is an attractive prospect for investors seeking steady returns.

Key Details:
Certificate of completion: January 25, 2016
Land area: 6,400 square feet
Building area: 70,000 square feet
Height of building: G+10
Configuration: Ground floor + 2 parking levels + mezzanine + 8 floors
Apartment Configuration:
28 one-bedroom and hall apartments, rented for AED 26,000 each
14 two-bedroom and hall apartments, rented for AED 32,000 each
4 three-bedroom and hall apartments, rented for AED 45,000 each
30 rented car parking spaces, generating additional income
Financial Highlights:
Current annual income: AED 1,350,000
Offered price: AED 20 million (slightly negotiable)
Ownership Details:
Freehold property open to all nationalities
Flexible financing options available, including bank or cash financing

Note: All necessary building documents, including rental statements, will be provided to the buyer upon inspection. A deposit cheque from the buyer is required for confirmation.

This property represents not only a sound investment opportunity but also a chance to own a piece of prime real estate in a rapidly developing area. Don't miss out on this chance to secure your future with a lucrative asset.

For more information kindly call Mr. Tariq Property expert and Marketing Manager
Mobile +971504752777

Seagate Properties
Office 501
Sama Building
Al Barsha 1

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