Geepas Building 3, Al Rashidiya, Al Rashidiya 2

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Furnished Commercial Whole Buildings for sale in Geepas Building 3

meNa saadd

Al Mutamaiz Real Estate

Building for Sale Direct from Owner in Al Rashidiya 2, Ajman

Prime Location Next to Falcon Towers

An excellent investment opportunity to own a residential and commercial building in Al Rashidiya 2, Ajman, located next to Falcon Towers in a prime and active area.

The building generates a total annual rental income of AED 1,075,000 and offers a diverse mix of residential apartments, a studio, and commercial shops, making it an attractive option for investors seeking a well-positioned income-generating property in Ajman.

Property Details

Location: Al Rashidiya 2, Ajman

Nearby Landmark: Falcon Towers

Sale: Direct from Owner

Property Type: Residential and Commercial Building

Building Configuration: Ground Floor + 3 Floors + Roof

Plot Area: 6,813 sq. ft.

Total Built-Up Area: 24,500 sq. ft.

Building Age: 2 Years

Building Composition

10 One-Bedroom Apartments with Living Rooms

10 Two-Bedroom Apartments with Living Rooms

1 Studio Apartment

9 Commercial Shops

Total Number of Units: 30 Residential and Commercial Units

Total Annual Rental Income: AED 1,075,000

Asking Price: AED 12,500,000

Key Investment Highlights

Prime location in Al Rashidiya 2, next to Falcon Towers

Residential and commercial building combining apartments and retail shops

Modern building, only 2 years old

Generous built-up area of 24,500 sq. ft.

A total of 21 apartments, 1 studio, and 9 commercial shops

Annual rental income of AED 1,075,000

Diversified income sources from residential and commercial units

Ideal for investors seeking an established income-generating property in a prime area of Ajman

Direct sale from the owner

This property presents an excellent opportunity for investors looking for a modern residential and commercial building in Ajman, combining a strategic location, a variety of units, and substantial annual rental income.

Asking Price: AED 12,500,000

Total Annual Rental Income: AED 1,075,000

For further details, rental income information, or to arrange a vie

Geepas Building 3

Ajman

Al Rashidiya

Al Rashidiya 2

Building for Sale Direct from Owner in Al Rashidiy

Mohamed Hassan

AL MUTAIRI  REAL ESTATE L.L.C

# Corner Building for Sale on Two Asphalt Roads in Al Rashidiya – Ajman

A highly attractive investment opportunity is available for sale in Al Rashidiya, Ajman, featuring a prime corner location on two asphalt roads directly on Al Ittihad Street. The building is located opposite Falcon Towers, next to Middle East, and close to Nesto Hypermarket, providing excellent accessibility to major roads, commercial areas, residential communities, and essential services.

The property is an income-generating residential and commercial building with a current annual income of AED 795,000. In addition, there are 3 commercial shops that are currently vacant and have not been included in the existing annual income, offering potential for additional income once leased.

The corner location on two asphalt roads is one of the property's major advantages, providing strong accessibility, better exposure, and convenient access from different directions. Its position on Al Ittihad Street further enhances the property's investment appeal and connectivity.

The plot size is 4,200 square feet, and the building consists of a total of 36 units, offering a combination of residential apartments, a studio, and commercial shops. This diversified unit mix provides multiple income sources and makes the building suitable for investors looking for a ready income-producing asset with future income growth potential.

The building consists of 30 one-bedroom apartments with living rooms, 1 studio apartment, and 5 commercial shops. Out of the 5 shops, 3 are currently vacant and have not been included in the current annual income of AED 795,000.

The building is 15 years old and offers a practical combination of residential and commercial units in a strategically positioned area. The existing rental income, combined with the additional potential from the vacant shops, makes the property particularly attractive for investors looking for both current cash flow and room for income improvement.

The location

Prime location – open view – free parking

Furnished Commercial Whole Buildings for sale in Geepas Building 3

Commercial sale listings

Building for Sale Direct from Owner in Al Rashidiy

meNa saadd

Prime location – open view – free parking

Mohamed Hassan

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Whole-buildings Available for sale in Geepas Building 3