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AED
5,350,000
Est. Payment AED 0/mo
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3,700 sqft
Al Nakhil, Ajman, UAE
You can convert residential apartments from annual rentals into hotel apartments.
Type
Commercial Building
Purpose
Sale
Furnishing
Unfurnished
Updated
12th May 2026
Completion Status
Ready
Building near to Ajman corniche
G+4
3700 sq ft
Consist of 17 apartments
Asking price 5.3 M
Estimated Income Comparison
Current Situation (Old Annual Leases):
17 apartments + 3 shops
After Conversion into Furnished Serviced Apartments:
Average nightly rate: AED 230
Monthly income per apartment: approximately AED 3,000–4,000
Total annual income: approximately AED 600,000–800,000
👉 Result: Nearly double the income from the same building, with a significant increase in the asset’s market value.
This building is a golden opportunity to be converted into serviced apartments, as the current rental contracts are old and the income is below its true market value.
By converting the units into furnished serviced apartments, it is possible to achieve nearly double the income through daily and short-term rentals, with strong demand and consistent occupancy.
The result is not only higher income, but also an increase in the building’s market value, turning it into a strong investment asset.
G+4
3700 sq ft
Consist of 17 apartments
Asking price 5.3 M
Estimated Income Comparison
Current Situation (Old Annual Leases):
17 apartments + 3 shops
After Conversion into Furnished Serviced Apartments:
Average nightly rate: AED 230
Monthly income per apartment: approximately AED 3,000–4,000
Total annual income: approximately AED 600,000–800,000
👉 Result: Nearly double the income from the same building, with a significant increase in the asset’s market value.
This building is a golden opportunity to be converted into serviced apartments, as the current rental contracts are old and the income is below its true market value.
By converting the units into furnished serviced apartments, it is possible to achieve nearly double the income through daily and short-term rentals, with strong demand and consistent occupancy.
The result is not only higher income, but also an increase in the building’s market value, turning it into a strong investment asset.
Posted on: 8th January 2026
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UAE Residency Status
AED
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Years
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Monthly Payment
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Al Nakhil, Ajman, UAE
More Info
Permit Number
1656
Reference ID
104872-F632Gn
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