AED 820,000

Own this from just

3,373 AED/month
2,000 sqft / 186 sqm
LAND FOR SALE IN AL RASHIDIYA 3, AL RASHIDIYA

Commercial + Residential Property For Sale Al Rashidiya 3 Ajman

Prime G+2 Commercial & Residential Property for Sale – Excellent Investment Opportunity

Property Highlights:

Total Area: 2000 sqft

Type: G+2 Commercial & Residential (approved for both uses)

Location: Close to the main road, offering high visibility and easy access

Current Rental Income: 60,000 AED per year (5,000 AED/month)

Tenant Situation: Currently rented to one tenant, who has partitioned the space for subleasing,

ensuring continued rental income.

Financial Details:

Asking Price: 820,000 AED

Existing Mortgage: 450,000 AED paid, with a balance of 370,000 AED remaining
Monthly Mortgage Payment: 4,700 AED (which can be continued by the new owner)

Investment Potential:

High return on investment (ROI) at approximately 7.7% based on rental income
Prime Location with potential for both commercial and residential tenants
Opportunity to continue the mortgage, making the investment process smoother
Steady Income Stream with an established tenant base and potential for higher returns by adjusting rental agreements.

For more details or to schedule a viewing, contact:

Zahid Ali
Phone: 0543062225

This property offers a solid rental income in a growing location, making it a great investment opportunity for those looking to generate consistent returns. Don’t miss out on this high-potential asset!

Property details

Property Type

Land

Property Size

2,000 sqft / 186 sqm


Location

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Provided by

SuperAgent

Zahid Ali Asghar

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High Vision Real Estate

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Response time

within 5 minutes

Experience

3 years

Closed Deals

1

Languages

English, Urdu, Punjabi

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Monthly payment

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Reference

highvisionrealeastate-11849788

Listed

5 days ago

Broker License

111218

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3,373 AED /month

Fixed rates from: 3.75%

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