Listing summary
A real investment opportunity directly from the owner Building for sale in Al Nuaimiya 1 - Ajman In a central, active, and highly sought-after location, we offer you a massive residential and commercial building with a ground floor + 8 floors. Built on a land area of 7,000 square feet, it includes a large number of residential units, making it an unmissable investment opportunity. Property Specifications: Location: Al Nuaimiya 1 - Ajman Use: Residential/Commercial Permit: Ground + 8 Floors Area: 650 square meters / 7,000 square feet Air Conditioning Type: Split Number of Elevators: 2 Property Age: 9 years Very good finishing Building Components in Detail: 5 Shops on the Ground Floor 65 Spacious Studios 34 One-Bedroom Apartments 104 Total Residential Units + 5 Shops Annual Income: AED 1,777,000 Annual Income = AED 1,777,000 Asking Price = AED 18,500,000 1,777,000 x 100 = 9.6% / 18,500,000 x 100 = 9.6% \mathbf{9.6\%}18,500,0001,777,000×100=9.6% Excellent ROI of 9.6% ROI: 9.6% Very Prime Location: In the heart of Ajman Near services, schools, and centers A vital and sought-after residential and commercial area Asking Price: AED 18,500,000 Price includes a large building and…