Opportunity to Buy a Ready Residential Building

A unique investment opportunity in the heart of Ajman, specifically in the vibrant Al Alia area, where a residential and commercial building is available for sale. It enjoys a strategic location close to all services and public facilities. The building sits on a land area of 287.5 square meters and was constructed just four years ago, meaning it is in excellent structural condition and ready for immediate investment without the need for any maintenance or renovations.

The building consists of four floors (ground floor plus three upper floors) and includes a variety of residential and commercial units, making it suitable for different tenant categories. The ground floor features two commercial shops that generate steady rental income from business activities. The residential units include three two-bedroom apartments, four one-bedroom apartments, and three studios, contributing to diversified income sources and an increased annual return.

The building currently generates an annual rental income of approximately AED 250,000, making it an ideal opportunity for investors seeking stable and rewarding returns. The asking price is AED 4,200,000, which is a competitive rate considering the location, specifications, and current income. For more information or to schedule a viewing, please get in touch directly.

Property details

Property Type

Whole Building

Property Size

287 sqft / 27 sqm

Bathrooms

Available from

16 Apr 2025