Residential Building in Ajman - Al Rashidiya 2

For Sale: Residential Building in Ajman - Al Rashidiya 2

A great investment opportunity to purchase a residential building in Al Rashidiya 2, Ajman, in a prime location and minutes away from major amenities. This 6-year-old building features a modern and flexible design, making it an ideal choice for investors seeking a steady and increasing return.

Building Details:
• Number of Floors: Ground + 4
• Residential Units:
• 17 One-Bedroom Apartments
• 17 Studio Apartments
• 2 Two-Bedroom Apartments

Current Actual Income:
• AED 730,000 per year, subject to increase upon renewal of existing contracts signed at the old rental rates.

Location:
• The building is located in Al Rashidiya 2, one of the most popular areas in Ajman, ensuring tenants and investors have easy access to all essential amenities and services.

Investment Opportunity:
• The building is fully leased, providing a steady income for investors with the potential for increased returns upon contract renewal. This property is an excellent opportunity to increase profitability thanks to the old rental rates.

Price: AED 7,600,000. Freehold for all nationalities.

Invest now in this unique property and achieve high returns of up to 10% annually in a vibrant area!

Property details

Property Type

Whole Building

Property Size

6,393 sqft / 594 sqm

Bathrooms

Available from

23 May 2025