Al Rashidiya Towers
About Al Rashidiya Towers, Ajman
A complex of 11 buildings, Al Rashidiya Towers is located in the Al Rashidiya community in Ajman Downtown. A project of the Government of Ajman, Al Rashidiya Towers was completed in 2006. Each tower has 13 floors (G+12) and each of these can be accessed by high-speed elevators. The three stadium-facing towers are named A1, A2 and A3. The rest of the eight buildings are called B1, B2, B3, B4, B5, B6, B7 and B8. The building's architecture features tinted windows and glass panels.
Al Rashidiya Towers, Ajman is close to several major landmarks, shopping arcades, dining outlets and supermarkets. Key amenities such as the Ajman Fish Market, Rashidiya Park and Ajman Beach are a short drive from Al Rashidiya Towers, Ajman.
IN A NUTSHELL
- Financed and developed by the Government of Ajman
- A mid-rise cluster of 11 towers
- Each building features 13 floors
- Property types include 1 and 2-bed apartments
- Close to Al Ittihad Street
- Overlooks Sheikh Rashid Bin Saeed Stadium
Facilities in Al Rashidiya Towers, Ajman
Every residential unit in Al Rashidiya Towers, Ajman is alloted one parking space in a covered and fully secure facility. Visitors can avail street parking for their cars.
There are high-speed elevators and service elevator in Al Rashidiya Towers, Ajman.
Security, Central Air-Conditioning and Maintenance Services
Al Rashidiya Towers, Ajman provides complete security with monitoring services carried out by efficient security personnel and CCTV-camera coverage. The building also offers 24-hour maintenance service and a back-up power system. The buildings are connected to Al Rashidiya’s district cooling plant called Tabreed while FEWA is responsible for supplying water and electricity to the complex.
The lifestyle amenities in Al Rashidiya Towers, Ajman include a swimming pool and a play area for kids.
Concierge and Guest Services
Concierge services at Al Rashidiya Towers, Ajman are available throughout the day. Each building features a lobby where the front desk staff is stationed. Also referred to as a business hall, the lobby has a guests’ waiting area.
Apartment Types in Rashidiya Towers, Ajman
Apartment types in Al Rashidiya Towers, Ajman include one and two-bed units.
1-Bedroom Apartments in Al Rashidiya Towers
One-bedroom apartment in Al Rashidiya Towers, Ajman have a covered area of 750 sq. ft. to 1,120 sq. ft. They come with one bedroom, two bathrooms, a spacious hall, a separate kitchen and a balcony.
2-Bedroom Apartments in Al Rashidiya Towers
Two-bedroom apartments in Al Rashidiya Towers feature a living area between 1,000 sq. ft. and 1,566 sq. ft. These flats consist of two bedrooms, two bathrooms, a large living room, a kitchen and balcony. The bedrooms include a six-door built-in wardrobe. Built over a close-plan layout, kitchens are either partially or fully furnished. Bathrooms typically include a standard bathtub, while a few may contain a Jacuzzi-style bathtub.
Most Popular Apartment Types in Al Rashidiya Towers, Ajman
Based on searches conducted by users on Bayut.com over the past 6 months
As per the data collected from Bayut, the most-viewed apartment type in Rashidiya Tower, Ajman is the two-bed flat. These units account for more than half the search clicks and are followed by one-bedroom flats.
Rental Trends in Rashidiya Towers, Ajman
Here is an overview of the apartments for rent in Al Rashidiya Towers:
- The rental prices of one-bed apartments for rent in Al Rashidiya Towers lies between AED 20k to AED 25k
- The price of two-bed flats for rent span between AED 27k and AED 38k
The annual lease for Al Rashidiya rental apartments can be paid through four cheques every year.
Sale Trends in Rashidiya Towers, Ajman
Interested buyers can take a look at the price range of apartments for sale in Al Rashidiya Towers:
These prices can be compared with other apartments for sale in Al Rashidiya.
Rental Yield in Al Rashidiya Towers
Based on searches conducted by users on Bayut.com over the past 6 months
Investors can earn a significantly higher income by renting out these highly profitable properties. The best-performing bed-type in Rashidiya Towers, Ajman is a one-bedroom apartment. It gives the highest return on investment (ROI) of 9.6%. The next property to have an excellent profitability factor in this complex is a two-bed apartment which generates an ROI of 9%.
Transportation near Al Rashidiya Towers
Apart from Al Ittihad Road, the major highway that connects the complex to the rest of the city is Sheikh Khalifa Bin Zayed Street.
Bus Stations near Al Rashidiya Towers
Bus service is the most convenient public transportation near Al Rashidiya Towers as Ajman Rashidiya bus stop is located next to the complex. Other bus stations nearby include Ajman Safeer Mall, City Life and Falcon Tower. These bus stations are a 4-minute drive away.
Restaurants near Al Rashidiya Towers
With a number of casual cafes, small cafeterias and family restaurants near Al Rahidiya Towers, residents can find something to satisfy their appetite. These are the affordable dining options:
- Dastar Khan Restaurant
- Bab Al Hara Restaurant
Open 24 hours, Dastar Khan Restaurant offers Pakistani breakfast like paratha and halwa puri set. There is also an all-day menu that includes a range of sub-continental specialities such as karahi, nihari, tikka, vegetables, etc. For quick bites, one can visit Tasty Tasty Cafeteria which is a five-minute walk away.
A few cafes near Rashidiya Towers, Ajman include:
- Armani Café
- Starters Café
- Caribou Cafe
Open till midnight, Starters Café is a chic coffee place that includes a private dining area and shisha service. It is on a four-minute drive away. A patisserie called Al Mahabah Pastry is located across Sheikh Khalifa Bin Zayed Street. The nearest fast-food chain is McDonald’s, next to the stadium.
Supermarkets near Al Rashidiya Towers
Residents can get their groceries and daily necessities from:
- Shams Al Madina
- Sea-Land Supermarket
- Al Borj Supermarket
Shams Al Madina is on the ground floor of A2 tower, while Sea-Land Supermarket is found in the A3 building. Located on a drive of not more than four minutes, supermarkets near Al Rashidiya Towers include Al Jabiri, Torous Foodstuff Est. and Al Borj Supermarket. Some bigger stores near Rashidiya Towers, Ajman are Nesto Hypermarket and Ajman Markets Cooperative Society.
- Oasis Towers
- Crown Palace Hotel and Suites
- Al Eman Building
All these residential buildings are located at a short drive of 5-minutes from Rashidiya Towers, Ajman.
Major landmarks near Rashidiya Towers, Ajman include:
- Sheikh Rashid Bin Saeed Stadium
- The Ruler’s Palace
- Rashidiya Park
Al Rashidiya is home to Sheikh Rashid Bin Saeed Stadium, commonly known as the Ajman Stadium, which frequently hosts football matches. It can accommodate over 5,500 football fans. Located on the southern side, Al Rashidiya Towers directly overlook the stadium. The Ajman-based palace of the ruler is at a distance of just three minutes to the west. Next to it lies Rashidiya Park that is a popular recreational area for families and children.
THINGS TO CONSIDER
Located in one of the most sought-after areas, Al Rashidiya Towers gets a lot of attention from tenants and investors. However, the building has limited types of apartments. For instance, those looking for a studio flat or a three-bed apartment will have to consider other projects in this area such as Al Rashidiya Falcon Tower.