AED 7,600,000
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27,352 AED/monthFor sale: Residential building in Ajman - Al Rashidiya 2 ground floor + 4 floors Selling price 7,600,000 AED Integrated vital location
A great investment opportunity to purchase a residential building in Al Rashidiya 2, Ajman, in a prime location and minutes away from major amenities. This 6-year-old building features a modern and flexible design, making it an ideal choice for investors looking for a steady and growing return in a vibrant area.
Building Details:
Number of Floors: Ground + 4
Residential Units:
17 One Bedroom Apartments
17 Studio Apartments
2 Two Bedroom Apartments
Current Actual Income:
AED 730,000 per annum, subject to increase with renewal of existing 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 various areas of Ajman and Dubai.
Investment Opportunity:
The building is fully leased, providing a steady income for investors with the potential to increase returns upon renewal of contracts.
This property is an excellent opportunity to increase profitability thanks to the old rental rates that enhance returns.
The ideal location in an area with high demand for rentals, ensuring you with steady and increasing cash flows.
Additional Features:
The 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:
7,600,000 AED
Freehold for all nationalities
Why choose this property?
High investment return of up to 10% per annum, ensuring you a rewarding investment.
A strategic location in a vital area and easy access to all facilities.
A fully leased property, ensuring you with a steady income with the potential to increase profits.
Don't miss this exceptional opportunity to invest in one of the most popular properties in Ajman!
For communication and inquiries:
0501454182
Invest now in this distinguished property and get high returns in one of the best residential areas in Ajman!
For sale: Residential building in Ajman - Al Rashidiya 2
A great investment opportunity to purchase a residential building in Al Rashidiya 2, Ajman, in a prime location and minutes away from major facilities. This 6-year-old building features a modern and flexible design, making it an ideal choice for investors looking for a steady and increasing return in a vibrant area.
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 the 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.
Investment Opportunity:
The building is fully leased, providing investors with a steady income with the possibility of increasing returns upon renewal of contracts.
This property is an excellent opportunity to increase profitability thanks to the old rental rates that enhance returns.
The ideal location in an area with high demand for rents, ensuring you a steady and increasing cash flow.
Additional Features:
The 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:
7,600,000 AED
Freehold for all nationalities
Why choose this property?
High investment return of up to 10% per annum, ensuring you a rewarding investment.
Strategic location in a vital area and easy access to all facilities.
Fully rented property, ensuring you a steady income with potential to increase profits.
Don't miss this exceptional opportunity to invest in one of the most popular properties in Ajman!
For communication and inquiries:
0588775582
Invest now in this distinguished property and get high returns in one of the best residential areas in Ajman!
Property details
Property Type
Whole Building
Property Size
8,686 sqft / 807 sqm
Location

Provided by
Islam Mostafa
No ratings

EVAGE REAL ESTATE SPS.LLC
See all properties (151)Experience
8 years
Languages
English, Arabic
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Monthly payment
27,352 AED
with interest rate of
3.75%
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Reference
evage-real-estate-13121809
Listed
2 days ago
Broker License
126058
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