Distinctive investment opportunity - Residential commercial building in a strategic location in Ajman

** Distinctive investment opportunity - Residential commercial building in a strategic location in Ajman **

** Location:** Old Traffic Street - Behind Grand, a vital central location that is easy to access and provides a promising investment environment.
** Current annual income:** **AED 920,000**, making it a profitable investment with a stable return.
** Asking price:** **AED 9,300,000**.

### ** Property Details:**
** Property Type:** Residential commercial building. ** Area:** **5,989 sq. ft.**.
** Design:** **Ground floor + 6 floors**.
** Number of Units:**
- **5 shops** provide additional sources of income from commercial activities.
- **42 one-bedroom apartments**, making them an attractive option for tenants.

### ** Property Features:**
** Strong investment return** of **approximately** 9.8%**.
**A prime location in an active** commercial and residential area, ensuring continuous demand for units.
**Diversity of uses** between residential and commercial, which increases investment benefits.
**Stable rents and guaranteed income**, making it a safe and long-term investment.
**Modern design provides comfort for tenants and increases the attractiveness of the property in the market**.

**Don't miss this golden opportunity! Contact us now for more details or to schedule a viewing.**

Property details

Property Type

Whole Building

Property Size

6,000 sqft / 557 sqm

Available from

7 Feb 2025