Properties for sale in Al Rashidiya

Some properties in Ajman are small, others are somewhere in the middle, and then there are some that are so large that they have to be divided into sub-communities. Similarly, Al Rashidiya is one of those communities in Ajman that has been divided into 4 sub-communities: Al Rashidiya Towers, Al Rashidiya Falcon Tower, Al Rashidiya 3 and Al Rashidiya 1. Accordingly, the most popular vicinity – consisting of the largest number of residential units – lies in Al Rashidiya Towers. Fewer communities in Ajman have been developed at this scale.

Types of Properties in Al Rashidiya

When it comes to residential properties in Al Rashidiya, one can find a studio apartment that will come with 580 sq. ft. of floor space and 1 bath. 1-bed apartments will typically have 2 baths and around 1,115 sq. ft. of floor space. The typical 2-bed apartment will come with 2 baths and 1,566 sq. ft. of floor space. When it comes to 3-bed apartment units, one will see that these units come standard with 3 baths and 2,008 sq. ft. of floor space. When it comes to villas in Al Rashidiya, a 5-bed villa will typically come with 6-baths and 3,300 sq. ft. of floor space while a 6-bed villa will come with 7-baths and 1,800 sq. ft. of floor space. Finally, 8-bed villas are also available; these will come standard with 6 baths and 6,400 sq. ft. of overall living space.

Sale Price Trends in Al Rashidiya

The starting price of a studio apartment will be around AED 185K and will go up to AED 250K. When it comes to 1-bed apartments, the starting price will be AED 240K and will go up to 280K. In the 2-bed category, one will find that prices will start at AED 255K and go all the way up to AED 510K. 3-bed apartments can typically range between AED 400K to AED 650K. In terms of villas, a 6-BHK will demand a sale price of AED 650K while a 5-bed villa with more than double the square footage compared to the 6-bed version, will sell for an average price of AED 1.3M. Finally, an 8-bed villa will demand an average buying price of AED 2.75M.

Popular Areas of Al Rashidiya

When one thinks of Al Rashidiya, they think of the Ajman Fish Market. This is because the Ajman Fish Market is a popular destination for locals where one can procure freshly caught fish at reasonable rates. More specifically, the Fish Market falls in the vicinity of Al Rashidiya 1. Moving on, the Ajman Stadium is just west of Al Rashidiya 1. In the vicinity of Al Rashidiya 2, there is the Al Safeer Mall that is considered a favourite shopping destination amongst Ajman residents. Finally, the sub-community of Al Rashidiya 3 is one that is closest to the Ajman Corniche; the total distance between the two is around 1.13 kilometres.

Reasons for Investing in Al Rashidiya

Every individual has his or her own reasons to rent in a specific locality. Those who simply want a better selection of apartments and villas in Ajman should seriously consider buying property in Al Rashidiya. This community is close to some places of interest, and not to mention, there is plenty of commercial activity within the community itself as well as in surrounding vicinities. Apart from this, those who are looking for commercial property may also find that there is a huge selection of offices for sale in Al Rashidiya as well as a few commercial villas.

Lifestyle Around Al Rashidiya

For young professionals living in Al Rashidiya, there are plenty of bars in the nearby community. For instance, on the edge of the nearby community of Al Bustan, there is Zani Bar and 1897 bar. A few blocks down, near the edge of Ajman Corniche, one will find Pirates Sports Bar. Also located close by, in the nearby community of Al Jurf 2, is Thirsty Horse Sports Bar, a popular lounge for watching sports and enjoying a few beers.