Residential building in Ajman Al Rashidiya 2 ground floor + 4 floors

For Sale: Residential Building in Ajman - Al Rashidiya 2
Building Details:
Number of Floors: Ground + 4 Floors
Residential Units:
17 One-Bedroom Apartments
17 Studio Apartments
2 Two-Bedroom Apartments
Current Actual Income:
730,000 AED per year, subject to increase with renewal of current contracts signed at old rental rates.
Location:
The building is located in Al Rashidiya 2, one of the best areas in Ajman, ensuring tenants and investors easy access to all essential facilities and services such as schools, markets, and hospitals. It is also a few minutes away from the main roads that facilitate transportation to different areas of Ajman and Dubai.
Residential units are diverse, attracting different categories of residents (two-bedroom apartments, studios, and one-bedroom apartments).
Dedicated parking spaces to meet the needs of all residents.
Easy access to all services and public facilities in the area, such as shopping malls, restaurants, sports facilities, and educational facilities.
Asking price:

AED 7,600,000
Freehold for all nationalities
Why choose this property?

High investment return of up to 10% per annum, ensuring you a rewarding investment.

Property details

Property Type

Whole Building

Property Size

8,686 sqft / 807 sqm

Available from

6 Mar 2025