Commercial residential building, second row from the Corniche

For sale: A distinctive investment building in Ajman – strategically located near the Corniche

Location: Second Namra from the Corniche, directly behind the Tulip Inn Hotel
Area: 5,800 square feet
Building age: Only 4 years – newly constructed
Design: Ground floor + 4 floors
Freehold for all nationalities

Property Specifications:
A very strategic location just steps from the Corniche, easily attracting residents and tenants.
A modern building only 4 years old, reducing maintenance costs and providing high returns.
High occupancy due to its prime location and unique design.
A balanced mix of residential and commercial units, increasing income diversity.

Unit Distribution:
8 two-bedroom apartments – spacious and suitable for families.
16 one-bedroom apartments – suitable for individuals and small families.
2 studios – an excellent option for professionals and residents looking for smaller units.
8 retail shops – providing a steady and sustainable additional income.

Income Details:
Current Annual Income: AED 900,000
Possibility of increased returns with contract renewals or price adjustments

Price and Investment Benefits:
Asking Price: AED 11 million (negotiable)
A golden opportunity for a high investment return in one of Ajman's most prominent locations!
For more information: 0501454182

Don't miss the opportunity to own a profitable property in the heart of Ajman, near the Corniche – a guaranteed investment with strong returns

Property details

Property Type

Whole Building

Property Size

5,800 sqft / 539 sqm

Available from

17 Mar 2025