Residential building for sale, 9% income

Luxury building for sale on the Ajman Corniche – a rare investment opportunity

Location: Directly on the Ajman Corniche – stunning sea views and a highly sought-after strategic location!

Building Details:

Fully new and leased for the first time!

3-year investment contract guarantees you a steady and stable income.

Consisting of: Ground floor + 4 floors

Units:

20 apartments with one bedroom, a living room, two bathrooms, and a balcony

8 apartments with two bedrooms, three bathrooms, and a balcony

4 modernly designed studios

1 retail shop

Guardian room

Storage and covered indoor parking

Floor area: 807 square meters

Annual income: AED 950,000
Valid investment contract - 3 years

Asking price: only AED 12 million (negotiable)

Additional features:

High-quality finishes

Elegant architectural design

Ideal location to attract both tourist and resident tenants

Proximity to all services and amenities: restaurants, cafes, hotels, and the Corniche promenade

For serious inquiries:
Mobile/WhatsApp: 0501454182

Property details

Property Type

Whole Building

Property Size

8,686 sqft / 807 sqm

Bathrooms

Available from

16 Apr 2025