Profitable Investment Property in Prime Area

A rare investment opportunity to own a mixed use residential and commercial building in Al Rashidiya one of the most active and high demand areas The property is strategically located on Abdullah Bin Aboud main road with both front and back access which enhances its visibility accessibility and overall investment value The building sits on a land مساحة of approximately 6000 square feet and consists of ground floor plus six floors designed in a practical layout that maximizes space utilization and rental efficiency The property includes forty two residential units of one bedroom and living room apartments distributed in a well organized manner suitable for individuals and small families in addition to five retail shops positioned at ground level providing strong commercial exposure and consistent rental demand The building also offers four parking spaces to support residents and tenants comfort All units are equipped with a central air conditioning system ensuring balanced cooling and a comfortable living environment throughout the year which significantly increases tenant satisfaction and occupancy rates The building is twelve years old and remains in good operational condition making it a stable and reliable asset for investors seeking consistent income The property currently generates an annual income of nine hundred sixteen thousand dirhams with potential for further growth through rental adjustments or unit upgrades The asking price is eleven million dirhams which reflects a competitive value considering the prime location solid construction steady income and future appreciation potential making this property an ideal choice for long term investment in a growing real estate market

Profitable Investment Property in Prime Area

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