Description
<strong>brand-new mixed-use building</strong> is available in <strong>Al Hamidiya, Ajman</strong>, occupying a <strong>prime corner plot on two busy streets</strong>. The location delivers excellent visibility for the retail frontage, smooth access for residents and visitors, and strong rental demand. With modern architecture, high-end finishes, and only <strong>one year</strong> of age, the property is <strong>ready for immediate handover</strong>. <strong>Key Facts</strong> <ul><li>Location: Al Hamidiya – Ajman, corner of two active streets. </li><li>Configuration: <strong>Ground + 12 floors</strong>. </li><li>Age: <strong>1 year</strong>. </li><li>Total Plot Area: <strong>899.96 sqm</strong> (about <strong>9,606 sq ft</strong>). </li><li>Current Annual Income: <strong>AED 3,550,200</strong>. </li><li>Asking Price: <strong>AED 42,000,000</strong>. </li><li>Approx. Gross Yield: <strong>8.45%</strong> (pre-expenses). </li></ul><strong>Unit Mix</strong> <ul><li><strong>5 retail shops</strong> on the main frontage. </li><li><strong>45 two-bedroom apartments</strong> (spacious layouts). </li><li><strong>27 one-bedroom apartments</strong> (practical designs). </li><li>Built-in wardrobes, quality finishes, and <strong>open-view</strong> aspects. </li></ul><strong>Amenities & Building Features</strong> <ul><li><strong>Fully equipped gym</strong> with modern machines. </li><li><strong>Dedicated residents’ parking</strong>. </li><li><strong>Smart/auto lighting</strong> for common areas to optimize efficiency. </li><li><strong>Panoramic rooftop</strong> of about <strong>5,000 sq ft</strong> with arranged seating and wide vistas. </li><li>Contemporary MEP and common-area systems that reduce running and maintenance costs. </li></ul><strong>Location Advantages</strong> <ul><li>Corner exposure on two busy streets for strong retail performance. </li><li>Easy access to Ajman’s main arteries and nearby services. </li><li>Established residential catchment ensuring healthy occupancy. </li></ul><strong>Why This Asset</strong> <ul><li><strong>Immediate handover</strong> and operation readiness. </li><li><strong>Diversified unit mix</strong> appealing to a broad tenant base. </li><li><strong>Strong income profile</strong> with room for optimization via leasing strategy. </li><li><strong>New asset</strong> minimizing capex in the near term. </li></ul>For inquiries, viewings, and further details: <strong>Abu Al Roos – [redacted phone number]</strong> (Calls & WhatsApp)