9,000,000
Own this from just
32,390 AED/monthProperty details
- Property type
- Whole Building
- Furnishing
- Unfurnished
- Area
- 6,500 ft²
- Price per area
- AED1,384/ft²
- Available from
- 1 Sep 2026
WHOLE BUILDING FOR SALE IN AL RASHIDIYA 1, AL RASHIDIYAFully Operational Building in Al Rashidiya, Ajman | 37 Units | AED 891K Annual Income | 9.9% Yield
An investment opportunity to own a fully operational residential building in Al Rashidiya, Ajman, comprising 37 residential units and generating a current annual income of AED 891,000.
With an asking price of AED 9,000,000, the current income represents a calculated gross annual yield of approximately 9.9%, before operating expenses and other costs.
Property Details
Property Type: Residential Building for Sale
Location: Al Rashidiya, Ajman
Land Area: 6,500 sq. ft.
Configuration: Ground Floor + 4 Floors
Building Age: 6 Years
Total Units: 37 Residential Units
19 One-Bedroom Apartments
18 Studio Apartments
Current Annual Income: AED 891,000
Asking Price: AED 9,000,000
Ownership: Freehold
Price: Negotiable
Investment Return
Annual Income: AED 891,000
Sale Price: AED 9,000,000
Calculated Gross Yield: Approximately 9.9% annually
Calculation: AED 891,000 ÷ AED 9,000,000 = 9.9%
Investment Highlights
Fully operational residential building
Total of 37 residential units
Mix of 19 one-bedroom apartments and 18 studios
Current annual income of AED 891,000
Calculated gross yield of approximately 9.9%
Freehold ownership
AED 9 million asking price, negotiable
Location Advantages
The building is located in Al Rashidiya, Ajman, an established residential area with a central location and access to a range of everyday services and key areas across the emirate.
Located within Al Rashidiya, Ajman
Close to everyday services and facilities
Convenient access to key areas of Ajman
Suitable location for residential and rental investment
Why This Property?
37 residential units + AED 891K annual income + AED 9M asking price = an established income-generating investment asset.
The building is currently operational and generates AED 891,000 in annual income, representing a calculated gross annual yield of approximately 9.9% based on the asking price, before operating expenses and other cost
Fully Operational Building in Al Rashidiya, Ajman
An investment opportunity to own a fully operational residential building in Al Rashidiya, Ajman, comprising 37 residential units and generating a current annual income of AED 891,000.
With an asking price of AED 9,000,000, the current income represents a calculated gross annual yield of approximately 9.9%, before operating expenses and other costs.
Property Details
Property Type: Residential Building for Sale
Location: Al Rashidiya, Ajman
Land Area: 6,500 sq. ft.
Configuration: Ground Floor + 4 Floors
Building Age: 6 Years
Total Units: 37 Residential Units
19 One-Bedroom Apartments
18 Studio Apartments
Current Annual Income: AED 891,000
Asking Price: AED 9,000,000
Ownership: Freehold
Price: Negotiable
Investment Return
Annual Income: AED 891,000
Sale Price: AED 9,000,000
Calculated Gross Yield: Approximately 9.9% annually
Calculation: AED 891,000 ÷ AED 9,000,000 = 9.9%
Investment Highlights
Fully operational residential building
Total of 37 residential units
Mix of 19 one-bedroom apartments and 18 studios
Current annual income of AED 891,000
Calculated gross yield of approximately 9.9%
Freehold ownership
AED 9 million asking price, negotiable
Location Advantages
The building is located in Al Rashidiya, Ajman, an established residential area with a central location and access to a range of everyday services and key areas across the emirate.
Located within Al Rashidiya, Ajman
Close to everyday services and facilities
Convenient access to key areas of Ajman
Suitable location for residential and rental investment
Why This Property?
37 residential units + AED 891K annual income + AED 9M asking price = an established income-generating investment asset.
The building is currently operational and generates AED 891,000 in annual income, representing a calculated gross annual yield of approximately 9.9% based on the asking price, before operating expenses and other cost
Amenities
Unfurnished
Networked
Dining in building
Lobby in Building
Vastu-compliant
Conference room
Location
About Al Rashidiya 1
Learn more- Properties Listed21
- Price range290K - 145M
Some reviews are auto translated.
- Mahmoud H.
Suitable for family living.
Provided by
Royal Palm Properties
See agency properties (233)Response time
within 5 minutes
Experience
9 years
Languages
English, Arabic
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Monthly payment
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with interest rate of
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Regulatory information
Regulatory information
Reference
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Listed
16 hours ago
Broker License
130437
Agent License
131418044
Usually responds within 5 minutes
Own this property from just
32,390 AED /month
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