🏡 Prime Redevelopment Commercial & ResidentialBUILDING for Sale – Al Nuaimiya 1, Ajman 🏡

Type

Land

Purpose

Sale

Updated

3rd June 2026

Completion Status

Ready

🏡 Prime Redevelopment Commercial & Residential Building for Sale – Al Nuaimiya 1, Ajman 🏡

📍 Location: Al Nuaimiya 1
🌟 3-Side Corner Plot | High-Growth Investment Opportunity
A rare opportunity to acquire a strategically positioned commercial and residential property in one of Ajman’s most established and high-demand communities. Offered at attractive land value pricing, this 3-side open corner property presents exceptional redevelopment potential for investors and developers seeking strong ROI and long-term appreciation.

📐 Property Overview

▪️ Plot Size: 11,743 sq.ft
▪️ Usage: Commercial + Residential
▪️ Current Structure: Old Arabic Villa
▪️ Building Permission: Ground + 1 Floor (G+1)
✨ Potential upgrade to G+4 (subject to approval)
▪️ Plot Position: 3-Side Open Corner Plot
▪️ Parking: Available

🏠 Current Income Configuration

✔ 4 Units – 3 Bedroom Apartments
✔ 5 Retail Shops
✔ 5 Units – 2 Bedroom Apartments
💰 Previous Annual Income: AED 220,000 – 270,000
📈 Rental contracts increased as per law by approximately 20%
✨ Expected Updated Annual Income: Approx. AED 365,000

💰 Asking Price

AED 3,900,000

📍 Strategic Location Advantages

✔ Located next to a mosque
✔ Close to supermarkets, restaurants & schools
✔ Easy access to public transportation
✔ High-traffic residential & commercial area
✔ Excellent connectivity to major roads and highways

💼 Investment & Development Potential

✅ Opportunity to upgrade approval to G+4
✅ Ideal for apartment buildings or mixed-use development
✅ Existing structure generates immediate rental income
✅ Option to renovate, reposition, or redevelop
✅ Strong tenant demand ensures long-term occupancy
✅ High resale value due to premium central location

⭐ Why This Is a Smart Investment

This property offers a unique combination of:
✔ Prime central location
✔ Commercial & residential mixed-use zoning
✔ Strong existing rental income
✔ Future redevelopment and vertical expansion potential
✔ Competitive land-value pricing
✔ Excellent long-term capital appreciation opportunity
A rare redevelopment opportunity in one of Ajman’s most active and established investment corridors.
📞 For More Details & Site Visit:
👤 Pradeep
🏢 Crown Real Estate – Ajman
📲

Posted on: 5th October 2025