A distinctive investment opportunity, a building on a main street, corner, with an excellent income
For sale: A distinctive building in the Emirate of Ajman, Al Rashidiya 3 area
Directly on Al Muroor Street
Opposite Grand Mall
5-minute walk to Ajman Corniche
Very prime location for investment
Corner
Good investment opportunity
Prime location and close to all services
5 years old
Freehold for all nationalities
• 12 bedrooms + living room
• 8 two-bedroom apartments + living room
• 5 three-bedroom apartments + living room
• 2 offices
• 1 studio
• 5 shops
Average annual rent per unit (AED):
• One bedroom + living room: 20,000
• Two-bedroom apartment + living room: 36,500
• Three-bedroom apartment + living room: 55,500
• Office: 40,000
• Studio: 12,500
• Shop: 70,000
To calculate:
• Rooms: 12 x 20,000 = 240,000
• 2-bedroom apartments: 8 x 36,500 = 292,000
• 3-bedroom apartments: 5 x 55,500 = 277,500
• Offices: 2 x 40,000 = 80,000
• Studios: 1 x 12,500 = 12,500
• Shops: 5 x 70,000 = 350,000
Expected total annual income:
240,000 + 292,000 + 277,500 + 80,000 + 12,500 + 350,000 = approximately 1,252,000 dirhams
This means the total expected annual income for the entire building is approximately 1.25 million dirhams