New Building | Rented | ROI 9% | Prime Location

For Sale: Brand New Building in Muwaihat, Ajman

Property Specifications:
9 Commercial Shops
4 Two-Bedroom Apartments
6 One-Bedroom Apartments
6 Studio Apartments
4 Mezzanine Offices

Golden Points About the Property:

Brand New Building
Completely Freehold
Located in Muwaihat Area
Ready to Move In
Fully Rented to One Company for Staff Accommodation at AED 750,000/year

About the Location:

Al Mowaihat is a rapidly developing community located in the southern part of Ajman, near the Sharjah-Ajman border. The area is often referred to simply as Mowaihat, Ajman, and is known for its ongoing development, with numerous new projects underway. A notable feature of this area is its affordability, as it offers one of the lowest rent rates in Ajman, making it highly sought after by tenants.

Nearby, you will find Ajman Industrial Area 1 and Ajman Industrial Area 2 to the west, and Al Rawda community to the north of Mowaihat 1, adding to the convenience of the location.

Payment Terms:

AED 8,400,000 – Full Payment
Building if Fully Rented : AED 750,000 Per year to a Company

Other Charges:
3% Standard Agency Commission
2% Ajman Land Department Registration Charges

About Us:

At S L M Real Estate, we specialize in making your property buying and selling experience fast, smooth, and focused on your needs. Our commitment to exceptional service ensures you make confident, informed decisions. We listen to your requirements and present the best options tailored specifically for you.

Whether you're looking for properties in Ajman, Dubai, Sharjah, Abu Dhabi, or Ras Al Khaimah, we offer an extensive portfolio of all available projects and are here to guide you from start to finish, ensuring a seamless and memorable experience.

Contact us today to schedule a viewing and receive a free consultation. Your dream property is just a call away!

Property details

Property Type

Whole Building

Property Size

6,450 sqft / 599 sqm

Bathrooms

Available from

19 Jan 2025