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

Type

Land

Purpose

Sale

Updated

19th May 2026

Completion Status

Ready

🏡 Prime Redevelopment Commercial & ResidentialBUILDING 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 land value, this 3-side open corner property provides excellent redevelopment potential for investors and developers seeking strong ROI and future appreciation.

📐 Property Overview

▪️ Plot Size: 11,743 sq.ft
▪️ Usage: Commercial + Residential
▪️ Current Structure: Old Arabic Villa
▪️ Building Permission: 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 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 Income: Approx. AED 365,000 Annually

💰 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 & high-demand residential/commercial area
✔ Excellent connectivity to major roads

💼 Investment & Development Potential

✅ Opportunity to upgrade approval to G+4
✅ Ideal for apartment building or mixed-use development
✅ Existing structure can generate rental income immediately
✅ Option to renovate or redevelop
✅ Strong tenant demand ensures long-term returns
✅ High resale value due to central location

⭐ Why This Is a Smart Investment

This property combines:

Prime central location
Multi-use commercial & residential zoning
Future high-rise development potential
Strong rental income opportunity
Competitive land-value pricing

A unique redevelopment opportunity in one of Ajman’s most active and well-established communities.
📞 For More Details & Site Visit:
Pradeep
🏢 Crown Real Estate – Ajman
📲 +971 50 358 5085

Posted on: 5th October 2025