8,300,000
Own this from just
29,871 AED/monthProperty details
Listed
1 hour 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
14 Nov 2026
Residential and Commercial Building for Sale
An attractive investment opportunity to acquire an income-generating residential and commercial building in Al Rashidiya, Ajman.
Strategically located on Union Street, opposite Falcon Towers, next to Middle East and near Nesto Hypermarket, this corner property occupies a prominent position on two asphalt roads.
The building comprises 36 residential and commercial units, generating a current annual rental income of AED 795,000.
An additional investment advantage is the availability of three vacant commercial shops whose potential rental income is not included in the current revenue.
**Location Details:**
- Al Rashidiya, Ajman.
- Union Street.
- Opposite Falcon Towers.
- Next to Middle East.
- Near Nesto Hypermarket.
- Corner position on two asphalt roads.
**Building Specifications:**
- Property Type: Residential and Commercial Building.
- Plot Area: 4,200 sq. ft.
- Building Age: 15 years.
- Total Units: 36.
**Unit Breakdown:**
- 30 one-bedroom apartments with living halls.
- 1 studio apartment.
- 5 commercial shops.
**Investment Details:**
- Current Annual Rental Income: AED 795,000.
- Vacant Commercial Shops: 3.
- Potential income from vacant shops is excluded from the current rental income.
- Asking Price: AED 8,300,000.
- Current Gross Rental Yield: Approximately 9.58% annually.
**Investment Highlights:**
- Prominent corner location.
- Frontage on two asphalt roads.
- Strategic position on Union Street.
- Established rental income.
- Residential and commercial rental mix.
- Potential for increased rental revenue through leasing vacant shops.
- Close to established residential and commercial landmarks.
An opportunity for investors seeking an income-producing property with additional rental growth potential in Ajman.
Contact Tawtheeq Real Estate for more information, rental income records or to arrange a property viewing.
**Tawtheeq Real Est
Amenities
Unfurnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Covered Parking
Maids Room
Pets Allowed
Security
Concierge
Location

About Falcon A2
Learn moreFalcon A2 in Al Rashidiya offers 30 Bedrooms properties averaging 4,200 - 6,680 sqft. It currently has 2 active sale listings.
- Properties Listed2
- Price range2.5M - 8.3M
Provided by
Ibrahim Mustafa
No ratings
TAWTHEEQ REAL ESTATE
See agency properties (1353)Response time
within 15 minutes
Experience
3 years
Languages
English, Arabic
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Monthly payment
29,871 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
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Listed
1 hour ago
Broker License
140638
Agent License
140638
Own this property from just
29,871 AED /month
Fixed rates from: 3.75%
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