Building for sale in Ajman, Al Nuaimiya 2 area, Kuwait Street

**Building for sale in Ajman - Al Nuaimiya 2**

Al Nuaimiya 2 in Ajman is considered one of the most prominent residential and investment areas in the emirate. It offers numerous amenities and services, making it an ideal destination for living and investment. In this context, we are offering you a unique investment opportunity in the form of a residential building for sale in a strategic location.

**Asking Price:**

The asking price for this building is AED 7,500,000, a competitive price compared to the value of real estate in the area.

**Building Details:**

- **Location:** The building is located at the corner of two streets, ensuring easy access and increasing property value.
- **Land Area:** The land area is 520 square meters, equivalent to 5,600 square feet, providing sufficient space to meet the needs of residents.
- **Design:** The building consists of a ground floor plus four floors, allowing for a balanced distribution of residential units. - **Residential Units:** The building includes 2 studios, 17 one-bedroom apartments, and 8 two-bedroom apartments, offering tenants a variety of options.
- **Gross Income:** The building's estimated gross income is AED 570,000, reflecting a good return on investment for investors.
- **Age:** The building is less than 5 years old, meaning it is in good condition and requires only minor maintenance.

Property details

Property Type

Whole Building

Property Size

5,600 sqft / 520 sqm

Bathrooms

Available from

16 Mar 2025