AED8,500,000

Own this from just

30,591 AED/month
7+ Bathrooms
5,000 sqft / 465 sqm
WHOLE BUILDING FOR SALE IN AL RASHIDIYA TOWERS, AL RASHIDIYA

The possibility of expansion up to G+6/huge return

Prime Investment Opportunity – Residential Building for Sale in Al Rashidiya 3, Ajman
Building Age: 6 Years

A rare opportunity to acquire a fully operational residential building in one of the most in-demand and strategic areas in Al Rashidiya 3, Ajman. This property offers immediate rental income with strong potential for future growth and appreciation.

Property Details:
Building Type: Ground + 4 Floors (G+4)
Permission: Approved for extension up to Ground + 6 Floors (G+6)

Total Units:
24 One-Bedroom Apartments
17 Studio Apartments
1 Retail Shop

Parking: 10 Covered Parking Spaces
Location: Prime area with high rental demand, close to main roads and all essential services

Financial Overview:
Current Annual Income: AED 641,000
Expected Income After Rent Adjustment: Up to AED 800,000 (still below current market rates in the area)

Investment Analysis:

1. Current ROI:
(641,000 ÷ 8,500,000) × 100 = 7.54% Annual Return

2. Expected ROI After Increase:
(800,000 ÷ 8,500,000) × 100 = 9.41% Annual Return

3. Potential Profit Growth:
Additional Annual Income: AED 159,000
Profit Increase: حوالي 24.8% growth in rental income

Why This is a Golden Opportunity:
Current rents are below market, allowing immediate income increase
High-demand location ensures strong occupancy rates
G+6 approval adds future expansion potential
Mixed unit types (1BHK + studios + shop) reduce investment risk
Strong ROI compared to Ajman market averages

Asking Price:
AED 8,500,000
Negotiable for serious buyers

This property is ideal for investors seeking a stable income-generating asset with clear upside potential in both rental yield and capital appreciation.

About On Time Real Estate:

On Time Real Estate is one of the leading real estate companies in the UAE, specializing in property brokerage and marketing. The company is committed to delivering professional, transparent, and client-focused real estate solutions.

With strong market expertise, the team ensures clients receive the best invest

Property details

Property Type

Whole Building

Property Size

5,000 sqft / 465 sqm

Bathrooms

7+

Available from

17 Apr 2026


Amenities

Furnished

Networked

Covered Parking

Vastu-compliant

Lobby in Building


Location

Map preview
Al Rashidiya Towers Towers
Al Rashidiya Towers
Residential Insights
No reviews yet

Price Range:

245K-95M AED
Ajman Downtown Community
Ajman Downtown
Community Insights
4.1/53 building reviews

Price Range:

200K-100M AED


Provided by

Agent Nehal Gafar
SuperAgent

Nehal Gafar

4.2

On Time Real Estate LLC developer Logo

On Time Real Estate LLC

See agency properties (1085)

Response time

within 15 minutes

Experience

4 years

Closed Deals

5

Languages

English, Arabic

See agent properties (50)

Get the right mortgage for you

300,000 AED200,000,000 AED
30%
2,550,000 AED6,800,000 AED
70%
1,700,000 AED5,950,000 AED
1 year25 years
%
1%10%

Estimate your monthly mortgage payment

Monthly payment

30,591 AED

with interest rate of

3.75%


Get a free consultation.

Our Mortgage Advisors will be more than happy to help!


Regulatory information
Regulatory information

Reference

B564BAZD4FRAGXM1AGC8HSCXP8

Listed

2 hours ago

Broker License

133931

Agent License

133931

Recommended for you

    Agent Nehal Gafar

    Nehal Gafar

    4.2

    usually responds within 15 minutes

    Own this property from just

    30,591 AED /month

    Fixed rates from: 3.75%

    Get pre-approved

    In partnership with