For Sale – Residential Building in Al Rashidiya 1

For Sale – Residential Building in Al Rashidiya 1 – Ajman

An excellent investment opportunity located in the heart of Ajman, in the active residential area of Al Rashidiya 1. This fully operational building consists of a ground floor plus five upper floors and generates a solid annual rental income, making it ideal for serious investors.

Property Details:

Location: Al Rashidiya 1 – Ajman

Property Type: Residential Building

Floors: Ground + 5

Building Age: 14 years

Total Area: 4,262 sq. ft.

Condition: Fully rented and functional

A/C: Independent units installed in all apartments

Income & Pricing:

Annual Rental Income: AED 717,350

Asking Price: AED 7,000,000

Key Advantages:

Prime location in a high-demand residential zone

Easy access to Sheikh Khalifa Street and Sheikh Mohammed Bin Zayed Road

Close to schools, clinics, supermarkets, and public transport

Stable rental yield in a mature neighborhood

Legal documentation ready for immediate transfer

Suitable for long-term income-focused investment

For further information or to schedule a viewing, please contact us directly. Limited-time opportunity.

Note:
All attached images are AI-generated and do not represent the actual photos of the building.

Property details

Property Type

Whole Building

Property Size

4,262 sqft / 396 sqm

Bedrooms

Bathrooms

Available from

18 Jun 2025