A residential investment building for sale in Liyouara, Ajman.
Location:
The building is located in the vibrant residential area of Liyouara in the Emirate of Ajman. It is known for its tranquility, proximity to essential services, and main roads, making it highly sought after by tenants year-round.
Property Specifications:
Total Area: 2,000 square feet
Property Type: Residential investment building
Number of Units: 10 independent studios
Unit Condition: All units are currently rented
Documents: Officially certified lease contracts from Ajman Municipality
Financial Details:
Asking Price: AED 1,100,000
Annual Income: AED 100,000
Monthly Income: Approximately AED 8,333
Average Rent per Studio: Approximately AED 833 monthly
Return on Investment: 10% annually
Capital Recovery Period: Approximately 11 years
Building Features:
Immediate and guaranteed income: The building is fully rented, meaning you will start collecting rent from day one of purchase without the need to search for tenants.
High investment return: A 10% annual return is considered one of the highest in the real estate market, significantly outperforming bank deposit returns.
Officially documented contracts: All lease contracts are certified by Ajman Municipality, providing full legal protection and ensuring your rights as the owner.
Potential for increased income: Units can be reconfigured in the future to increase their number, significantly raising the annual income.
High and continuous demand: Studios are among the most sought-after residential units in Ajman due to their affordable prices for individuals and small families.
Strategic location: Liyouara area is easily accessible and close to vital facilities.
Why this investment?
This building represents an ideal opportunity for investors seeking a steady and stable income. Instead of placing your money in the bank with a return not exceeding 4-5%, you can own a real estate asset that yields 10% annually, in addition to the property value itself increasing over time with the area's development.
Furthermore, the building being fully rented means you won't incur any vacancy periods or costs of searching for tenants, as the income is ready and continuous.
Suitable for:
Investors seeking a fixed monthly income
Businessmen looking to diversify their investments
Those looking for a secure alternative to bank deposits
New investors in the real estate market