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WHOLE BUILDING FOR SALE IN GEEPAS BUILDING 3, AL RASHIDIYA 2
Prime Investment Opportunity – Residential Building for Sale in Al Rashidiya 2, Ajman
An excellent opportunity to own a residential building located in one of the most active areas in Ajman, Al Rashidiya 2, in a prime location next to Falcon Towers and close to all essential services and main roads. The property is ideal for investors seeking stable income with strong potential for rental growth.
Property Details
Location: Al Rashidiya 2, Ajman – Next to Falcon Towers
Property Type: Residential Building
Building Age: 16 Years
Land Area
6,500 sq. ft.
Total Units
48 Fully Furnished Residential Units
Unit Breakdown
8 Studio Apartments
24 One-Bedroom Apartments (Hall + Bedroom)
16 Two-Bedroom Apartments (Hall + 2 Bedrooms)
Current Income
Monthly Income: AED 89,000
Annual Income: AED 1,070,000
Market Analysis in Al Rashidiya 2
Based on the current rental averages in the area:
Studio Apartment: approximately AED 18,000 per year
One-Bedroom Apartment: approximately AED 28,000 per year
Two-Bedroom Apartment: approximately AED 38,000 per year
Estimated Market Income
8 Studios = AED 144,000
24 One-Bedroom Apartments = AED 672,000
16 Two-Bedroom Apartments = AED 608,000
Total Expected Market Income = AED 1,424,000 annually
Investment Comparison
Current Annual Income: AED 1,070,000
Estimated Market Income: AED 1,424,000
This creates an opportunity to increase the annual income by more than AED 350,000 through rent adjustment or improved management.
Investment Highlights
Prime location next to Falcon Towers
Fully furnished ready-to-rent units
Strong rental demand in Ajman due to rising prices in Dubai and Sharjah
Clear potential for income growth
Ideal for investors seeking stable returns and future value appreciation
Asking Price
AED 11,000,000
For inquiries and viewing
Fathi
Phone: +971 54 211 2240
Email: m.fathi@awtan.ae
Property details
Property Type
Whole Building
Property Size
6,500 sqft / 604 sqm
Available from
12 Mar 2026
Amenities
Unfurnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Concierge
Security
Lobby in Building
Children's Play Area
Walk-in Closet
An excellent opportunity to own a residential building located in one of the most active areas in Ajman, Al Rashidiya 2, in a prime location next to Falcon Towers and close to all essential services and main roads. The property is ideal for investors seeking stable income with strong potential for rental growth.
Property Details
Location: Al Rashidiya 2, Ajman – Next to Falcon Towers
Property Type: Residential Building
Building Age: 16 Years
Land Area
6,500 sq. ft.
Total Units
48 Fully Furnished Residential Units
Unit Breakdown
8 Studio Apartments
24 One-Bedroom Apartments (Hall + Bedroom)
16 Two-Bedroom Apartments (Hall + 2 Bedrooms)
Current Income
Monthly Income: AED 89,000
Annual Income: AED 1,070,000
Market Analysis in Al Rashidiya 2
Based on the current rental averages in the area:
Studio Apartment: approximately AED 18,000 per year
One-Bedroom Apartment: approximately AED 28,000 per year
Two-Bedroom Apartment: approximately AED 38,000 per year
Estimated Market Income
8 Studios = AED 144,000
24 One-Bedroom Apartments = AED 672,000
16 Two-Bedroom Apartments = AED 608,000
Total Expected Market Income = AED 1,424,000 annually
Investment Comparison
Current Annual Income: AED 1,070,000
Estimated Market Income: AED 1,424,000
This creates an opportunity to increase the annual income by more than AED 350,000 through rent adjustment or improved management.
Investment Highlights
Prime location next to Falcon Towers
Fully furnished ready-to-rent units
Strong rental demand in Ajman due to rising prices in Dubai and Sharjah
Clear potential for income growth
Ideal for investors seeking stable returns and future value appreciation
Asking Price
AED 11,000,000
For inquiries and viewing
Fathi
Phone: +971 54 211 2240
Email: m.fathi@awtan.ae
Regulatory information
Regulatory information
Reference
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