Exceptional Residential Building for Sale in Ajman's Al Nuaimiya Area

Type

Residential Building

Purpose

Sale

Furnishing

Unfurnished

Average Rent

AED 6,475,000 Yearly

Updated

24th May 2026

Completion Status

Ready

Seagate Properties proudly presents and excellent investment opportunity in Ajman freehold residential building for sale, is a prime property situated at the vibrant intersection of Sharjah and Ajman in the bustling Al Nuaimiya area. This seven-year-old building stands as a testament to modern architectural design and offers a lucrative investment opportunity. Boasting a strategic location on the main street, this fully rented building is an attractive prospect for investors seeking steady returns.

Key Details:
Certificate of completion: January 25, 2016
Land area: 6,400 square feet
Building area: 70,000 square feet
Height of building: G+10
Configuration: Ground floor + 2 parking levels + mezzanine + 8 floors
Apartment Configuration:
28 one-bedroom and hall apartments, rented for AED 26,000 each
14 two-bedroom and hall apartments, rented for AED 32,000 each
4 three-bedroom and hall apartments, rented for AED 45,000 each
30 rented car parking spaces, generating additional income
Financial Highlights:
Current annual income: AED 1,350,000
Offered price: AED 20 million (slightly negotiable)
Ownership Details:
Freehold property open to all nationalities
Flexible financing options available, including bank or cash financing

Note: All necessary building documents, including rental statements, will be provided to the buyer upon inspection. A deposit cheque from the buyer is required for confirmation.

This property represents not only a sound investment opportunity but also a chance to own a piece of prime real estate in a rapidly developing area. Don't miss out on this chance to secure your future with a lucrative asset.

For more information kindly call Mr. Tariq Property expert and Marketing Manager
Mobile

Seagate Properties
Office 501
Sama Building
Al Barsha 1
Dubai

Posted on: 4th May 2024