AED 8,700,000

Own this from just

31,311 AED/month
5,400 sqft / 502 sqm
WHOLE BUILDING FOR SALE IN AL RASHIDIYA 3, AL RASHIDIYA

**Investment Return:** 9%free hold ,

We present a unique investment opportunity for a fully leased residential and commercial building, offering an investment return of up to 9%. This building features freehold ownership for all nationalities, making it an attractive option for investors.



### Building Details:

- **Number of Floors:** 6 floors + Ground Floor (Commercial).

- **Total Area:** Includes 8 commercial shops.

One apartment, number of rooms: 1

- **Residential Units:**

- 12 two-bedroom apartments with living room and kitchen.

- 12 three-bedroom apartments with living room and kitchen.

- 2 studio apartments.

- **Condition:** The building is in excellent condition and well-maintained.



### Features:

- **Investment Return:** 9%, making it an appealing opportunity for investors.

- **Location:** Located on a prominent corner next to Lulu Hypermarket, just 4 minutes from Ajman Corniche and seconds from Sheikh Hamid Street.

- **Proximity to Services:** Conveniently close to main roads, facilitating access to various amenities.

- **Freehold for All Nationalities:** An ideal opportunity for investors from different nationalities.



### Price:

**10,000,000 AED, negotiable.**



Don't miss this opportunity to invest in a thriving area, as this building guarantees good returns and potential for future growth. Contact us for more information or to arrange a visit!

Property details

Property Type

Whole Building

Property Size

5,400 sqft / 502 sqm


Location

Map preview

Provided by

Noor Ali

No ratings

Al Majed Real Estate

See all properties (268)

Response time

within 1 hour

Experience

4 years

Languages

English, Arabic

See agent properties (22)

Get the right mortgage for you

300,000 AED35,000,000 AED
30%
2,610,000 AED6,960,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

31,311 AED

with interest rate of

3.75%

Get a mortgage quote

Powered by


Regulatory information
Regulatory information

Reference

almajed-11083231

Listed

2 months ago

Broker License

27926

Call

Noor Ali

No ratings

Usually responds within 1 hour

Own this property from just

31,311 AED /month

Fixed rates from: 3.75%

Get pre-approved

In partnership with

Call