For sale: an industrial property at a bargain price, leased with an 11.5% rental yield. It is located on the corner of Al Hamriyah Main Street in Al Jurf Industrial Area, Ajman. The land area is 30,000 sq ft, and the built-up area is 90,000 sq ft. The industrial property has an industrial permit only and includes 3 worker accommodation buildings leased for 10 years, with a lease contract value of 1,500,000, and 4 sheds with a lease contract value of 175,000. The worker accommodation specifications are 96 apartments and 4 studios; the age is 10 years, and the income is 1,675,000.
