Gulfa Towers, Al Rashidiya, Al Rashidiya 1

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Land for sale in Gulfa Towers

Ahmed Ragab

ETOILE REAL ESTATE L.L.C

**Residential-Commercial Land for Sale in Al Rashidiya 1 – Ajman | Directly on Sheikh Khalifa Street**

An exceptional investment opportunity to acquire a mixed-use plot of land in a strategic location in the Al Rashidiya 1 area of ​​Ajman. Situated directly on Sheikh Khalifa Street and adjacent to a petrol station, the property enjoys high visibility and excellent accessibility.

**Land Details:**
- Location: Al Rashidiya 1 – Ajman.
- Situated directly on Sheikh Khalifa Street.
- Land Area: 24,782 square feet.
- Usage: Residential / Commercial.
- Building Permit: Ground floor + 20 floors.
- Frontage: Faces three streets and a service alley (sikka).
- Prime location next to a petrol station.
- Previous Price: AED 16,000,000.
- Current Price: AED 14,000,000.
- A reduction of AED 2,000,000.

**Strategic Location with Promising Development Potential**

With its expansive area, multiple frontages, and direct positioning on one of Ajman’s vital thoroughfares, this plot represents a compelling opportunity for investors and real estate developers looking to undertake a residential and commercial project, subject to approved regulatory requirements and permits.

**Special Offer at a Reduced Price!**

The asking price has been adjusted from AED 16 million to just AED 14 million—a direct reduction of AED 2 million.

Do not miss this opportunity to invest in a strategically located plot in Al Rashidiya 1, Ajman.

Gulfa Towers

Ajman

Al Rashidiya

Al Rashidiya 1

Multi-use land situated on a corner of 2 streets

AUDAZ PROPERTIES L.L.C AJM

Investment Summary and Land Specifications
Asking Price: 1,200,000 AED
Plot Area: 215 Square Meters (2,300 Square Feet)
Permit: Residential and Commercial (Mixed Use)
Height Permission: Ground plus 4 Typical Floors (G Plus 4)
Location: Al Rashidiya 1, Ajman
Direct Deal: Direct from the owner
Strategic Location Highlights
This prime plot is located in Al Rashidiya 1, which is considered one of the most established and high-demand commercial districts in Ajman. Al Rashidiya is known for its dense population and high footfall, making it the perfect environment for a mixed-use development. The land is positioned in a mature area with ready infrastructure, surrounded by essential services, shopping centers, and easy access to main roads leading to Dubai and Sharjah.
Development Potential and ROI
The G plus 4 permission allows investors to maximize the built-up area efficiently. A typical development on this plot would feature ground-floor retail shops to capture the high street-level traffic, combined with 4 floors of residential or office units. In the current Ajman real estate market, residential units in Rashidiya maintain near-zero vacancy rates, ensuring a steady rental income and a strong return on investment (ROI) once the project is completed.
Why Invest in Al Rashidiya 1
Rashidiya 1 is a "Blue Chip" location in Ajman. Unlike newer areas, this district has a proven track record of rental growth and capital appreciation. The compact size of the plot (2,300 square feet) makes it an affordable entry point for private developers looking to build a "boutique" building with manageable construction costs and high yield potential.
Unique Selling Points
1. Corner or Prime positioning within a high-activity zone.
2. Mixed-use permit allowing for diverse revenue streams (Retail plus Residential).
3. Direct deal from the owner ensures a transparent and straightforward transaction.
4. Competitive pricing at 1.2 million AED for a G plus 4 plot in this specific zone.
Investment

Residential Commercial Land Rashidiya 1 G Plus 4

منطقة مناسبه  للسكن  العائلي

Land for sale in Gulfa Towers

Sale listings

Multi-use land situated on a corner of 2 streets

Ahmed Ragab

Residential Commercial Land Rashidiya 1 G Plus 4

Ahmed Ragab

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Land Available for sale in Gulfa Towers