For Sale: Residential Building (Ground + 2 Floors) in Liwara, Ajman

For Sale: Residential Building (Ground + 2 Floors) in Liwara, Ajman**
Property Details
- **Price:** AED 1,725,000.
- **Number of Units:** 9 Units.
- **4 One Bedroom Apartments.**
- **5 Studio Apartments.**
- **Building Age:** 8 Years (Built in 2018).
- **Ownership:** 100% Freehold.
- **Current Income:** AED 145,000 per annum.
- **Potential to Increase Income:**
- After a 20% increase in rents, the ROI can reach **10%**.
Return on Investment:**
- **Current ROI:** 8.4%.
- **Potential ROI:** 10%.
Property highlights:**
- Strategic location in the quiet and distinguished Liwara area of Ajman.
- Practical design that suits the needs of residents.
- Stable investment opportunity with good returns.
- Ready for rent or development.
Location features:**
- **Proximity to services:**
- Close to museums and forts.
- Minutes away from shopping malls and vital facilities.
- **Easy access:**
- Central location that facilitates movement to all areas of Ajman.
*Why invest in this property?**
- Guaranteed and stable return on investment.
- Great potential for increasing income.
- An ideal choice for investors looking for medium-sized properties at competitive prices.
Additional options available:**
- A variety of properties to suit all budgets, from AED 2 million to AED 200 million.

Property details

Property Type

Whole Building

Property Size

3,100 sqft / 288 sqm