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 amenities. This 4-year-old building features a modern and

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 amenities. This 4-year-old building features a modern and flexible design, and is an ideal choice for investors looking for a stable and increasing return.

Building Details:
• Number of floors: Ground + 4 floors
• Residential units:
• 17 1-bedroom apartments
• 17 studio apartments
• 2 2-bedroom apartments

Current Actual Income:
• AED 730,000 per annum, 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.

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.

Price:
• For communication and details, please contact us.

Invest now in this distinguished property and achieve high returns in a vital area!

Property details

Property Type

Whole Building

Property Size

6,396 sqft / 594 sqm

Bathrooms

none