Own a building with a 10% return on investment

A prime investment building for sale in Ajman, Al Rashidiya 2 area.
It comprises 18 studios and 18 one-bedroom apartments.
Annual income of AED 900,000, with potential for increase upon contract renewal.
The building is 5 years old and consists of a ground floor plus four upper floors.
It is conveniently located near all amenities.
Its excellent strategic location opposite a mosque enhances its value and facilitates easy rental. The building is only 5 years old, in excellent condition, and ready for immediate investment with no additional expenses. It includes 18 studios and 18 one-bedroom apartments, all currently rented under existing contracts. The current annual income is AED 900,000, with a return on investment of 10% or more, and significant potential for increased income as all contracts are valid and subject to legal rent increases. The building is ideal for investors seeking a stable income and guaranteed future growth in a vibrant area close to all services such as schools, markets, and transportation. The asking price is AED 9,000,000, slightly negotiable. A strong and irreplaceable investment opportunity in a sought-after location in Ajman
Real estate investment in the Emirate of Ajman is among the most promising opportunities in the UAE, thanks to the emirate's competitive property prices and high rental yields of 8-10% and above. Ajman is experiencing continuous growth in residential demand due to its proximity to Dubai and Sharjah, its developing infrastructure, and its low cost of living. The emirate also offers a safe and stable investment environment with genuine opportunities to increase income and capital value in the medium and long term, making it an ideal choice for investors seeking a steady income and guaranteed growth..

Own a building with a 10% return on investment

Amenities

Location

Provided by

Get the right mortgage for you

Regulatory information

Regulatory information

Own this property from just