For Sale Residential and Commercial Building

For Sale: Residential and Commercial Building in Al Alia, Ajman

We are pleased to offer a prime investment opportunity in the thriving area of Al Alia, Ajman. This building is strategically located and features a mix of residential and commercial units, making it an ideal investment for steady income.
Property Features:
Land Area: 5,000 square feet
Total Units: 38 units, comprising:
22 One-Bedroom Apartments: Each unit is designed to provide comfortable living spaces with modern amenities.
8 Studio Apartments: Compact and efficient, these units are perfect for individuals or couples.
8 Retail Shops: Located on the ground floor, these commercial units are ideal for businesses and guarantee additional revenue streams.
Financial Details:
Annual Income: AED 500,000
Asking Price: AED 6,500,000
Why Invest in This Property?
High ROI: With an annual income of AED 500,000, this building offers a lucrative return on investment.
Diverse Revenue Streams: The combination of residential and commercial units ensures a steady and diversified income.
Strategic Location: Al Alia is a rapidly developing area in Ajman, known for its growth and demand in both residential and commercial sectors.

Property details

Property Type

Whole Building

Property Size

5,000 sqft / 465 sqm

Bathrooms

Available from

23 Aug 2024