For sale: a traditional house in a highly strategic location in Al Nuaimiya, one of the most vibrant areas in Ajman, located directly behind Thumbay Hospital, giving it high investment value and strong demand for both residential and rental purposes
The property stands out as a corner unit on two paved streets, which significantly increases its value and provides easy access and movement, along with excellent potential for future development and maximizing the use of the location
Property details
Existing traditional house
Land area 4000 sq ft
Corner plot on two paved streets
Divided into 6 studio units, each studio includes a bedroom, bathroom, and kitchen
Additionally, one unit consists of a room, hall, and storage
The land permit allows for ground plus 4 floors construction, offering investors a strong opportunity to redevelop the property into a modern residential investment project with high rental returns
The current setup provides immediate investment potential through rental income or restructuring according to market demand, especially with the high population density and strong demand in the area
The location is very close to Thumbay Hospital, as well as schools, markets, restaurants, and public transport, making it suitable for both family living and long term investment
Additional features
Prime strategic location behind Thumbay Hospital
Corner plot on two paved streets
Permission for ground plus 4 floors construction
Ready layout for investment or residential use
Close to all essential services
Strong investment opportunity with high return potential
Asking price