Excellent residential investment corner building

**Residential investment building for sale in Ajman - Al Nuaimiya 2 (near Sanara roundabout)**

A distinctive investment opportunity in a vital and upscale location near Al Nuaimiya Park, and on the corner of two paved streets. This residential investment building offers you a great opportunity to own a property in a vital and thriving area.

**Building Details:**
- **Land Area:** 334 square meters (3600 square feet).
- **Building:** Residential investment, consisting of a ground floor + 4 floors.
- **Residential Units:** 22 residential units, including 20 rooms and a hall and 2 studios.
- **Status:** The building is fully rented.
- **Age:** About 5 years.
- **Finishings:** Super deluxe, central air conditioning, elevator.

**Current annual income:** 420,000 riyals, making it an excellent investment opportunity with a fixed return.

**Asking price:** 5,200,000 riyals

**For communication and inquiries:**
0566046953

Don't miss this unique opportunity to own a property in a strategic location!

Property details

Property Type

Whole Building

Property Size

3,600 sqft / 334 sqm

Bathrooms

Available from

8 Feb 2025