Excellent investment return, the building is fully rented. The first resident, the building is new, excellent location close to all services, a family
Type
Residential Building
Purpose
Sale
Furnishing
Unfurnished
Updated
25th May 2026
Completion Status
Ready
For Sale – Fully Rented Residential Building in Al Mowaihat, Ajman Prime Location Near Choueifat School & Sheikh Mohammed Bin Zayed Road New Building – First Occupant – High Return on Investment An exceptional investment opportunity to own a newly built, fully rented building in one of Ajman's most strategic and in-demand locations – Al Mowaihat 1.
Property Details:
Location: Al Mowaihat 1, Ajman
Landmark: Next to Choueifat School
Close proximity to Sheikh Mohammed Bin Zayed Road
Building Type: Brand-new (First Occupant)
Structure: Ground Floor + 4 Floors (G+4)
Units Configuration:
2 Studio Apartments
16 One-Bedroom Apartments
16 Two-Bedroom Apartments
5 Retail Shops
Area Information:
Plot Area: 10,600 sq. ft.
Built-up Area: Approx. 40,000 sq. ft.
Financials:
Annual Rental Income: AED 1,590,000
Building Status: Fully Rented with Valid Tenancy Contracts
All amenities and essential services nearby
Ideal for investors seeking immediate rental returns
Asking Price: AED 19,800,000
(Negotiable for serious buyers) Al Rabee Real Estate – Trusted Experts in Ajman Investment Properties