AED 9,500,000
RESIDENTIAL & COMMERCIAL CORNER BUILDING FOR SALE IN AL HAMIDIYAH – AJMAN | FREEHOLD FOR ALL NATIONALITIES | EXPECTED INCOME AED 800,000 A prime investment opportunity in Al Hamidiyah, Ajman, featuring a corner residential and commercial building located on two streets and directly opposite a mosque. The property offers strong current rental income with excellent potential to increase the annual income after leasing the vacant units. Property Details: • Location: Al Hamidiyah – Ajman • Freehold for All Nationalities • Corner Building on Two Streets • Prime Location Opposite a Mosque • Building Age: 8 Years • Configuration: Ground + Mezzanine + 2 Floors Building Composition: • 9 Commercial Shops • Mezzanine • 14 One-Bedroom Apartments • 4 Studios Rental Status: • Almost Fully Rented • 1 Apartment Vacant • 2 Commercial Shops Vacant Investment Details: • Current Annual Income: AED 708,000 • Expected Annual Income After Leasing Vacant Units: AED 800,000 Asking Price: AED 9,500,000 Approximate Gross ROI: • Current Income: 7.45% • Expected Income: 8.42% A strong investment opportunity combining a prime two-street corner location, freehold ownership for all nationalities, diversified residential and commercial units, and excellent potential to increase the annual rental income to AED 800,000.
Al Hamidiya 1 · avg 5-bed price AED 7.2M · 11 land plots · See all