Building for sale in Ajman - Al Nuaimiya 2 in a very distinguished location

A building for sale in Ajman - Al Nuaimiya 2, located in a very prime corner location on two streets, providing the building with clear views and excellent ventilation throughout the day. The location is one of the most vital areas in Ajman, ensuring easy access to essential services such as shops, restaurants, and schools, in addition to its proximity to major roads and public transportation.

**Building Details:**
- **Land Area:** 520 square meters (approximately 5,600 square feet), providing ample space for construction and potential for future project development.
- **Architectural Distribution:** This residential investment building consists of a ground floor and four floors.
- It includes **2 studios** suitable for individuals or couples.
- **17 bedrooms and a hall**, allowing you to create spacious family apartments.
- **8 two-bedroom hall**, offering a variety of rental options for families or those who prefer multiple spaces.

- **Gross Annual Income:** AED 570,000, which represents a very good return for investors. This high investment return demonstrates the stable income and strong demand for residential units in the area.

- **Age:** The building is new and less than 5 years old, meaning it is in good condition and requires minimal maintenance.

- **Asking Price:** AED 7,500,000. Considering the good return and the new construction age, the price is very fair for the location and features offered by the building.

Purchasing this building is an excellent investment opportunity for individuals seeking steady and sustainable returns in a vibrant and growing real estate market in Ajman.

Property details

Property Type

Whole Building

Property Size

5,600 sqft / 520 sqm

Bathrooms