AED 7,200,000
### Corner Investment Building for Sale in Al Hamidiyah 1 – Ajman | Current Income AED 562K | Potential Income AED 675K **A rare investment opportunity in Ajman for investors seeking an income-generating property with strong potential to increase returns. ** A **corner residential and commercial building** in a prime location in **Al Hamidiyah 1, Ajman**, featuring a large plot area and a diversified mix of **8 commercial shops and 13 residential units**, providing multiple and stable income streams. The property currently generates **AED 562,000 annually**, with the potential to increase the annual income to **AED 675,360 after contract renewals**. ### Property Details * **Location:** Al Hamidiyah 1 – Ajman * **Property Type:** Residential & Commercial Building * **Position:** Corner / Two-Side Frontage * **Plot Area:** **6,727 sq. ft. ** * **Built-Up Area:** **19,956 sq. ft. ** * **Building Age:** **5 years** * **Total Units:** **21 Units** ### Unit Breakdown * **8 Commercial Shops** * **2 Apartments – 3 Bedrooms + Living Room** * **5 Apartments – 2 Bedrooms + Living Room** * **1 Apartment – 1 Bedroom + Living Room** * **4 Studios** * **1 Caretaker Room** ### Investment Figures * **Current Annual Income:** AED **562,000** * **Annual Income After Contract Renewals:** AED **675,360** * **Asking Price:** AED **7,200,000** ### Why This Property? The **corner location** provides excellent visibility and better use of the property’s frontage, while the combination of residential and commercial units creates multiple income streams. Most importantly, the property offers **existing rental income with strong potential for an increase**, making it an attractive option for investors looking for an established income-generating asset. **Asking Price: AED 7,200,000**
Al Hamidiya 1 · avg 5-bed price AED 7.2M · 11 land plots · See all