AED 5,500,000

Own this from just

19,794 AED/month
1 Bedroom
1 Bathroom
4,400 sqft / 409 sqm
WHOLE BUILDING FOR SALE IN AJMAN UPTOWN

للبيع: بناية جديدة في المجرة

For Sale: New Building in Al Majarah

We are pleased to offer you a unique investment opportunity in the Al Majarah area, featuring a new building with high-quality specifications and a strategic location. This building features luxurious and distinctive finishes, making it an ideal choice for investors seeking value-added properties.

Property Details:
- Area: The building spans 4,400 square feet, providing ample space for investment and multiple uses.
- Design: The building consists of a ground floor and four upper floors, offering a variety of possible uses.
- Ground Floor: The ground floor houses five retail outlets, providing the opportunity to generate a steady and continuous income.
- Upper Floors: Each of the four floors contains 16 rooms and a hall, offering multiple options for living or renting.

Age and Price:
- Building Age: The building was built only 3 years ago, meaning it is in excellent condition and ready for immediate use.
- Asking Price: The asking price for this building is AED 5.5 million, which is a reasonable price considering the location and specifications.

Income and Revenue:
- Current Income: The building currently generates an annual income of AED 400,000.
- Expected Income After Renovation: Following some improvements and renovations, income is expected to increase to AED 550,000 annually.

This building is an ideal opportunity for investors seeking lucrative investment returns in the real estate market. Thanks to its strategic location and modern design, the building's market value can be expected to increase over the long term.

For more information or to arrange a site visit, please contact us through the available channels. We are here to help you make the best investment decision.

Property details

Property Type

Whole Building

Property Size

4,400 sqft / 409 sqm

Bedrooms

1

Bathrooms

1

Available from

14 Apr 2025


Amenities

Central A/C

Balcony

Security

Concierge

Maid Service

Covered Parking

View of Landmark

Lobby in Building

Barbecue Area

Vastu-compliant


Location

Map preview
Ajman Uptown
Community Insights

Price Range:

172K-5.5M AED

Provided by

Ehab Badran

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EVAGE REAL ESTATE SPS.LLC

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Response time

within 15 minutes

Experience

8 years

Languages

English, Arabic

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300,000 AED35,000,000 AED
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1,650,000 AED4,400,000 AED
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Monthly payment

19,794 AED

with interest rate of

3.75%

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Regulatory information

Reference

01JRT947RABY9F17SXP9352MNG

Listed

4 days ago

Broker License

126058

Ehab Badran

No ratings

Usually responds within 15 minutes

Own this property from just

19,794 AED /month

Fixed rates from: 3.75%

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