Prime Investment Plot for Sale Behind Corniche Residence | G+8 Expandable to G+15 | 10,000 Sq.Ft | AED 6M

Type

Land

Purpose

Sale

Updated

28th July 2026

Completion Status

Ready

Prime investment land in a strategic location directly behind Corniche Residence, Ajman.
Plot area: 10,000 Sq. Ft.
Current building permission: Ground + 8 Floors.
Eligible for an upgrade to Ground + 15 Floors with no additional government fees.
Asking price: AED 6,000,000.
Slightly negotiable for serious buyers.
Flexible payment option available with 50% down payment and the remaining balance payable over 12 months.
A rare investment opportunity, previously valued at AED 9,000,000 and now offered at a significantly reduced price.
Part of the property is currently leased as a spa, generating AED 110,000 annual rental income.
It also includes a single-storey villa that can be rented to further increase the annual return.
Expected annual income of approximately AED 300,000 even before redevelopment, providing immediate cash flow while planning a future project.
Ideal for residential or mixed-use development in one of Ajman's most sought-after investment locations, offering outstanding long-term capital appreciation.

Al Ofoq Real Estate – Your Trusted Partner for Premium Residential and Investment Real Estate Opportunities Across the UAE.
Sale Permit No. AJRE 1893

Posted on: 28th July 2026