Edificio en Al Rashidiya，Al Rashidiya 2, 8700000 AED - 16555346

A valuable investment opportunity is now available in Al Rashidiya 2, Ajman. This well-maintained investment building is approximately 5 years old and enjoys a prime location opposite a mosque, surrounded by essential services, residential communities, shops, and daily amenities. The property consists of 36 residential units, including 18 studios and 18 one-bedroom apartments, offering a diversified rental mix and consistent tenant demand. The current annual rental income is AED 850,000, with existing contracts and older rental rates providing potential for future income growth as leases become eligible for rental adjustments. With its established occupancy profile, strategic location, and strong income-generating potential, this property is suitable for investors seeking a stable residential asset in Ajman. Asking price: AED 8,700,000.