AED11,000,000

Own this from just

39,588 AED/month
7+ Bedrooms
7+ Bathrooms
6,500 sqft / 604 sqm
WHOLE BUILDING FOR SALE IN AL RASHIDIYA 2, AL RASHIDIYA

Residential building for sale in Ajman – Al Rashid

Residential building for sale in Ajman – Al Rashidiya 2

A prime investment opportunity in a highly desirable location next to Falcon Towers, one of the most sought-after residential areas in Ajman, with a strong current return and clear potential for future income growth.

Property Details
Location: Ajman – Al Rashidiya 2, next to Falcon Towers
Land Area: 6,500 sq ft (approximately 604 sq m)
Building Age: 16 years
Total Number of Units: 48 fully furnished residential units

Unit Layout
16 2-bedroom apartments
24 1-bedroom apartments
8 studios

Current Income
Monthly Income: AED 89,000
Annual Income: AED 1,070,000

Market Analysis in Al Rashidiya 2 based on current average rents
Average studio rent: AED 18,000 per year
Average 1-bedroom rent: AED 28,000 per year
Average 2-bedroom rent: AED 38,000 per year

Expected Market Income
8 studios = AED 144,000 per year
24 1-bedroom apartments = AED 672,000 per year
16 2-bedroom apartments = AED 608,000 per year

Total Expected Income based on current prices Market
AED 1,424,000 annually

Investment Comparison
Current Actual Income: AED 1,070,000 annually
Expected Income (Market): AED 1,424,000 annually

There is a clear opportunity to increase income by more than AED 350,000 annually through unit repricing or improved management.

Investment Advantages
Prime location next to Falcon Towers
Units are furnished and ready for immediate occupancy
High demand for rentals in Ajman due to rising housing prices in Dubai and Sharjah
Excellent opportunity to increase returns and achieve income growth
Suitable for investors seeking a stable income with the potential for increased returns

Sale Price
AED 11,000,000

For details or to schedule a viewing, please contact
Hisham Al-Hajj (Fox)
0547376677

About Us
Awtan Real Estate has 33 years of experience in the real estate sector and boasts a highly experienced team in the UAE real estate market in general, and the Emirate of Ajman in particular.

We have a specialized team to expedite b

Property details

Property Type

Whole Building

Property Size

6,500 sqft / 604 sqm

Bedrooms

7+

Bathrooms

7+

Available from

6 Mar 2026


Amenities

Furnished

Balcony

Central A/C


Location

Map preview
Al Rashidiya Community
Al Rashidiya
Community Insights
No reviews yet

Price Range:

128K-250M AED


Provided by

Agent Hesham Ismael

Hesham Ismael

No ratings

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Awtan Real Estate LLC

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Response time

within 5 minutes

Experience

9 years

Languages

English, Arabic

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3,300,000 AED8,800,000 AED
70%
2,200,000 AED7,700,000 AED
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%
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Monthly payment

39,588 AED

with interest rate of

3.75%


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Regulatory information
Regulatory information

Reference

62VBDBZJYYGJJ3TK1NV29W5PRR

Listed

7 hours ago

Broker License

115849

Agent License

115849

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