A great investment opportunity to own a residential and commercial land in Al Rumaila 1, Ajman. This area is considered one of the well-established and lively districts in the emirate, located close to Ajman Corniche and surrounded by residential communities and essential services.
The total land area is 5,560 square feet, which provides a suitable size for developing a mid-sized residential or mixed-use project. The land is classified as residential and commercial with building permission of Ground + 6 floors (G+6). This allows investors to construct a residential building with multiple apartments, while the ground floor can be utilized for retail shops or commercial activities.
Al Rumaila 1 is known for its strategic location and proximity to Ajman Corniche, restaurants, supermarkets, and other daily services. The area also offers easy access to major roads connecting Ajman with neighboring emirates, making it a convenient location for residents.
Due to its attractive location near the seaside and key facilities, properties in this area usually attract strong rental demand. This makes the plot an ideal opportunity for developers or investors looking to build a residential building with stable rental income.
The asking price for this land is AED 2,700,000, which is considered competitive given the location, land size, and the allowed building height of G+6. It is an excellent opportunity for those looking to invest in Ajman’s growing real estate market.