For sale, a distinctive building in the Al Nuaimiya area of Ajman, ground floor and 4 floors, a very distinctive location, a distinctive area

Total land area = 520 m2
Consisting of four floors above the parking garage with an insulated roof (which can be used as a seating area or for hanging laundry for residents)
9 studios
13 bedrooms and a living room
4 two-bedroom and a living room
Total = 26 residential units, each with two balconies, all exposed to ventilation and sunlight
Guardian room
Electrical transformer room
Communications room
Small storage room for maintenance equipment
6 standard parking spaces under the building
Wide pocket = 2 meters around the building
The building has only a front setback
Therefore, there is no fear of future cracks.
A regular elevator with a staircase on the roof.
Air conditioning is fully on the roof with a duct system.
A 75,000-liter water tank is located under the building.
The building is approximately six years old.
A sewage system according to municipal specifications.
It requires no maintenance, neither now nor for the next several years.
It is fully rented with regular contracts documented by the municipality.
There are no problems between residents in the building.
Family housing only.
Note:
Cash sale only.
We also have documented and preserved information.
From the date of the building's construction to the present, including rents received and maintenance work completed (full history).

Price: 6.2 million, negotiable.

Secondary income: 550,000, subject to increase.

Property details

Property Type

Whole Building

Property Size

6,000 sqft / 557 sqm