Residential & Commercial Building for Sale Rashidi

For sale: A mixed-use residential and commercial investment building in Al Rashidiya 2, Ajman. The building boasts a prime location close to essential services, public amenities, and main roads. Situated on a corner lot with a side alley, it offers easy access and a distinctive frontage. This prime location makes the property highly attractive to tenants and ensures consistent occupancy of both residential and commercial units, with the potential for long-term income growth.

The land area is approximately 559 square meters (6,000 square feet), and the building comprises a ground floor plus four upper floors. The building offers a variety of residential units to meet the needs of a wide range of tenants, including 12 one-bedroom apartments, 12 two-bedroom apartments, and 4 studios. Additionally, 13 parking spaces are available for residents and visitors. This diverse range of units guarantees consistent occupancy, reduces vacancy risks, and maximizes the return on investment.

The building's current annual income is approximately AED 872,000, with the potential to increase this income through unit revaluation or improved rental management. This building is ideal for immediate investment without requiring extensive development, making it a great opportunity for investors seeking a consistent and stable return from day one.

The asking price of AED 10,000,000 reflects strong investment value compared to the expected annual income and return. The property represents an excellent opportunity for long-term returns and capital growth. A site visit can be arranged, and all financial and technical details can be reviewed upon serious inquiry.

Residential & Commercial Building for Sale Rashidi

Amenities

Location

Provided by

Get the right mortgage for you

Regulatory information

Regulatory information

Own this property from just