AED 20,000,000
Own this from just
71,978 AED/month70,000 sqft / 6,503 sqm
WHOLE BUILDING FOR SALE IN AL NUAIMIYASeagate 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
Freehold Residential building for sale in Ajman
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
Property details
Property Type
Whole Building
Property Size
70,000 sqft / 6,503 sqm
Location
Provided by
Sea Gate Properties
See all properties (302)Response time
within 3 hours
Experience
28 years
Languages
English, Arabic, Hindi, Urdu, Tamil, Malayalam
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
71,978 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
seagateproperties-8504694
Listed
more than 6 months ago
Broker License
28003
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71,978 AED /month
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