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8,500,000

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:

200K-16M AED
Ajman Downtown Community
Ajman Downtown
Community Insights
4.1/53 building reviews

Price Range:

200K-42M AED


Provided by

Agent Nehal Gafar

Nehal Gafar

3.7

On Time Real Estate LLC developer Logo

On Time Real Estate LLC

See agency properties (1441)

Response time

within 1 hour

Experience

4 years

Closed Deals

5

Languages

English, Arabic

See agent properties (41)

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

1 month ago

Broker License

133931

Agent License

133931

Agent Nehal Gafar

Nehal Gafar

3.7

usually responds within 1 hour

Own this property from just

30,591 AED /month

Fixed rates from: 3.75%

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