Gebäude in Al Rashidiya, 11 schlafzimmer, 8300000 AED - 16475128

Investment Building for Sale in Al Rashidiya – Ajman | AED 795,000 Annual Income | 4,200 Sq. Ft. | AED 8,300,000A prime investment opportunity to own an income-generating building in Al Rashidiya, Ajman, featuring a strategic location on Al Ittihad Street and a corner position on two asphalt roads.

Property Highlights

Asking Price: AED 8,300,000
Current Annual Income: AED 795,000
Price: Slightly negotiable
Land Area: 4,200 Sq. Ft.
Building: 4 Floors
Building Age: 15 Years
Total Units: 36

Unit Details

30 × 1-Bedroom Apartments
1 × Studio
5 × Shops
3 Shops are currently vacant and their rental income is not included in the current annual income, offering potential for additional future returns.

Strategic LocationThe building enjoys a highly strategic position on Al Ittihad Street, opposite Falcon Towers, beside Middle East, and close to Nesto Hypermarket.
Its location provides convenient access to major roads and key destinations throughout Ajman, making it suitable for investors seeking a property with an established rental income and additional income-growth potential.

Investment OpportunityWith a current annual income of AED 795,000, the property offers an attractive investment profile. The three currently vacant shops provide an additional opportunity to increase the overall rental income after leasing.

Sale DetailsAsking Price: AED 8,300,000
Price is slightly negotiable.
A strong opportunity for investors looking for an income-generating property in a strategic and established location in Ajman.