AED 14,000,000

Own this from just

50,385 AED/month
7,400 sqft / 687 sqm
WHOLE BUILDING FOR SALE IN AL RUMAILA

** Income details for a building in Ajman - a distinctive investment opportunity **

** Income details for a building in Ajman - a distinctive investment opportunity **

** Location:** Ajman
** Property:** An investment building that includes residential and commercial units that provide a strong and increasing return.

### **Annual income analysis**

**Number of shops:** **6 shops**
**Number of apartments with two bedrooms and a hall:** **40 apartments**
**Number of apartments with one bedroom and a hall:** **17 apartments**

#### **Annual income for the year 2023 - 2024 (before contract renewal)**
- **Income from shops:** **168,000 dirhams**
- **Income from two-bedroom apartments:** **1,040,000 dirhams** (40 apartments x 26,000 dirhams)
- **Income from one-bedroom apartments:** **306,000 dirhams** (17 apartments x 18,000 dirhams)
- **Total income:** **1,160,800 dirhams**
- **Annual expenses:** **60,000 dirhams**
- **Net income:** **1,100,800 dirhams**
- **Rate of return Investment:** **10%**

#### ** Expected annual income for 2024 - 2025 (after contract renewal)**
- **Income from commercial shops:** **201,600 dirhams**
- **Income from two-bedroom apartments:** **1,280,000 dirhams** (40 apartments x 32,000 dirhams)
- **Income from one-bedroom apartments:** **374,000 dirhams** (17 apartments x 22,000 dirhams)
- **Expected total income:** **1,875,600 dirhams**
- **Annual expenses:** **60,000 dirhams**
- **Expected net income:** **1,815,600 dirhams**
- **Expected investment return rate:** **13.5%**

### **Why is this investment special?**
**Increasing investment return:** From **10% in 2024 to 13.5% in 2025**.
**Rents subject to increase**, increasing the annual investment return.
**Balanced distribution between residential apartments and commercial shops**, ensuring stable income.
**Strategic location in Ajman**, an area witnessing an increasing demand for housing and commercial.

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

Property details

Property Type

Whole Building

Property Size

7,400 sqft / 687 sqm

Available from

8 Feb 2025


Amenities

Lobby in Building

Vastu-compliant


Location

Map preview
Al Rumaila
Community Insights

Price Range:

550K-7.3M AED

Provided by

Mohamed Ali

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AL RWAFID REAL ESTATE L.L.C

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within 30 minutes

Experience

6 years

Languages

Arabic

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Monthly payment

50,385 AED

with interest rate of

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Reference

al-rwafid-real-es-12712758

Listed

13 days ago

Broker License

124318

Mohamed Ali

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Usually responds within 30 minutes

Own this property from just

50,385 AED /month

Fixed rates from: 3.75%

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