A building for sale in Al Mowaihat 1 with a spacious area and high income.

Building for Sale in Al Mowaihat 1, Ajman

Building Details:

• Total Area: 10,000 square feet, providing a spacious area for elegant and practical designs.
• Ownership: Ideal for all nationalities, giving investors greater flexibility.
• Age: 6 years, indicating that the building is in good condition and does not require major maintenance.

Unit Distribution:

• One-Bedroom Apartments (17 units):
  • Carefully designed to meet the needs of small families and individuals.
  • Each apartment includes a fitted kitchen and a modern bathroom, along with a bright living space.
• Two-Bedroom Apartments (2 units):
  • Perfect for large families, offering larger spaces and greater privacy.
  • Featuring modern designs that make them attractive to tenants.
• 3 Studios:
  • An excellent option for tenants seeking a comfortable and easy-to-manage retreat.
  • Comes with all essential facilities, making them ideal for individuals or students.
• 7 Commercial Shops:
  • Strategically located within the building, making them convenient for access and exit.
  • Provide an excellent opportunity to earn additional income by renting them out for various commercial activities.

Additional Features:

• Excellent Location:
  • The building is a short distance from Sheikh Ammar Street, one of the main roads in the area. Its proximity to this street makes it easy to access vibrant areas.
• Available Services:
  • All daily life necessities such as schools, hospitals, stores, and entertainment centers are very close by.
• Free Parking:
  • Ensuring convenience for residents and visitors, with ample parking spaces available.
• Profitable Annual Income:
  • The building is fully leased with an annual income of AED 770,000, providing an excellent investment opportunity.

Asking Price:

• AED 9 million, a competitive price considering the potential returns and strategic location of the building.