Freehold Residential Property for Sale in Al Rashi

Investment Opportunity – Freehold Residential Property for Sale in Al Rashidiya 3, Ajman – Currently Rented with Immediate Income

Available now for sale in Al Rashidiya 3, Ajman, a freehold residential house suitable for all nationalities. The property is located in a highly strategic area with direct access to three streets, offering excellent exposure, ventilation, and potential for future expansion or multiple-use flexibility.

The total plot size is 2,000 square feet, and the house is divided into two separate units, each with its own electricity meter. This setup allows for individual rental of each unit, increasing the property's investment value and maximizing rental income.

Current rental income is AED 36,000 annually under an old rental contract, offering the buyer guaranteed income from day one. This makes it a highly attractive option for investors seeking a stable return.

Unit Details:

First Unit: 3 bedrooms, 1 living room, and 3 bathrooms. Well-suited for a family residence.

Second Unit: 3 bedrooms, 1 kitchen, and 2 bathrooms. Ideal for a second family or as an additional income stream.

The property has been recently maintained and is in good condition both internally and externally. No immediate renovation is required, which reduces costs and allows for immediate use or continued leasing. The title deed is freehold for all nationalities, offering flexibility and full ownership rights.

Asking Price: AED 550,000 (final and non-negotiable) – considering the location, condition, layout, and existing income, this is a rare investment opportunity in the Ajman real estate market.

For more information, to schedule a viewing, or to proceed with purchase inquiries, please contact the number provided. Serious and direct buyers only.

Property details

Property Type

Whole Building

Property Size

2,000 sqft / 186 sqm

Bedrooms

Bathrooms

Available from

22 May 2025