Brand new, first occupancy, ground floor shops + 4 floors, freehold ownership for all nationalities
A residential/commercial building (G+4) on a main street in Ajman, UAE, Al Hamidiya 2, opposite Al Hamidiya Police Station and close to the Chinese Market. It's also minutes away from Sheikh Mohammed Bin Rashid Al Maktoum Road, which leads to Sheikh Mohammed Bin Zayed Road, Woodlim Park School, Ajman Traffic Department, Ajman Court, and is 20 minutes from Dubai.
The building occupies a land area of 625 square meters (approximately 6728 square feet).
The building permit is for residential/commercial use (G+4).
Building components: 1 showroom, 9 one-bedroom apartments, 12 two-bedroom apartments, 2 three-bedroom apartments, Sigma elevator, and Ogtral air conditioning. The building is fully rented.
The building is brand new (first occupant) and includes electricity and water.
Building price: AED 13,000,000. The following fees are added to the price:
1. Property Registration and Issuance Fees
For UAE or GCC nationals: 2% of the building price, estimated at AED 300,350.
For expatriates: 3% of the building price + AED 75 per square meter, estimated at AED 497,225.
Freehold ownership available to all nationalities.