8,300,000
Own this from just
29,871 AED/monthProperty details
Listed
7 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds + Maid
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
4,200 ft²
Price per area
AED1,976/ft²
Available from
30 Sep 2026
Upgraded
Yes
WHOLE BUILDING FOR SALE IN AL RASHIDIYA TOWERS, AL RASHIDIYABuilding for Sale | Fully Rented | AED 795K Income | 36 Units | Al Rashidiya, Ajman
A prime investment opportunity to acquire a residential and commercial building in Al Rashidiya, Ajman, located on Al Ittihad Street, directly opposite Falcon Towers and close to Nesto Hypermarket. The property benefits from a strategic location with easy access to major roads and nearby services.
The building sits on a 4,200 sq. ft. plot and comprises a total of 36 units, combining residential apartments with commercial shops. It currently generates a strong annual rental income, with additional upside from three vacant shops that are not included in the current income.
Building Details
• Location: Al Rashidiya – Al Ittihad Street, Ajman
• Opposite Falcon Towers
• Close to Nesto Hypermarket
• Plot Area: 4,200 sq. ft.
• Total Units: 36 Units
• 30 One-Bedroom Apartments
• 1 Studio Apartment
• 5 Commercial Shops
• Building Age: 15 Years
Income & Investment Details
• Current Annual Income: AED 795,000
• 3 Commercial Shops Currently Vacant
• The vacant shops are not included in the current annual income
• Additional potential to increase rental income after leasing the vacant shops
The building offers a diversified income structure through both residential apartments and commercial shops. The existing annual income of AED 795,000 provides a strong foundation for the investment, while the three vacant shops offer a clear opportunity to further increase the property's income.
The property's location on Al Ittihad Street, opposite Falcon Towers and close to Nesto Hypermarket, adds significant convenience and visibility. Its established location in Al Rashidiya makes it suitable for investors looking for an income-generating asset with future rental growth potential.
Asking Price
AED 8,300,000 – Very Slightly Negotiable
A great investment opportunity offering 36 units, AED 795,000 current annual income, and additional rental upside from 3 vacant commercial shops in a prime Al Rash
Strong Income | Freehold | Prime Location
A prime investment opportunity to acquire a residential and commercial building in Al Rashidiya, Ajman, located on Al Ittihad Street, directly opposite Falcon Towers and close to Nesto Hypermarket. The property benefits from a strategic location with easy access to major roads and nearby services.
The building sits on a 4,200 sq. ft. plot and comprises a total of 36 units, combining residential apartments with commercial shops. It currently generates a strong annual rental income, with additional upside from three vacant shops that are not included in the current income.
Building Details
• Location: Al Rashidiya – Al Ittihad Street, Ajman
• Opposite Falcon Towers
• Close to Nesto Hypermarket
• Plot Area: 4,200 sq. ft.
• Total Units: 36 Units
• 30 One-Bedroom Apartments
• 1 Studio Apartment
• 5 Commercial Shops
• Building Age: 15 Years
Income & Investment Details
• Current Annual Income: AED 795,000
• 3 Commercial Shops Currently Vacant
• The vacant shops are not included in the current annual income
• Additional potential to increase rental income after leasing the vacant shops
The building offers a diversified income structure through both residential apartments and commercial shops. The existing annual income of AED 795,000 provides a strong foundation for the investment, while the three vacant shops offer a clear opportunity to further increase the property's income.
The property's location on Al Ittihad Street, opposite Falcon Towers and close to Nesto Hypermarket, adds significant convenience and visibility. Its established location in Al Rashidiya makes it suitable for investors looking for an income-generating asset with future rental growth potential.
Asking Price
AED 8,300,000 – Very Slightly Negotiable
A great investment opportunity offering 36 units, AED 795,000 current annual income, and additional rental upside from 3 vacant commercial shops in a prime Al Rash
Amenities
Unfurnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Maids Room
Security
Concierge
Maid Service
View of Landmark
Location
About Al Rashidiya Towers
Learn moreAl Rashidiya Towers in Ajman Downtown offers 1 Bedroom To 30 Bedrooms properties averaging 672 - 25,200 sqft. It currently has 164 active sale listings.
- Properties Listed164
- Price range240K - 22M
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Reference
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Listed
7 hours ago
Broker License
92005
Agent License
92005
Usually responds within 15 minutes
AL MUTAIRI REAL ESTATE L.L.C
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