Studio Apartments for Sale in Al Rashidiya

The smallest Emirate in UAE, called Ajman, has the biggest ambitions, which is to become a leader in real estate development. Ajman is around 259 sq. km in land mass and is home to a population of nearly 230,000 residents, according to the census figures from 2004. Ajman is known for its unique, sandy white beaches and is also home to some interesting architecture, such as an eighteen-century fort that is very popular among tourists.  There is also a museum of history where residents can look at ancient artefacts from Ajman. Although not at the level of Dubai or Abu Dhabi, Ajman does have destinations where one can go shopping. For instance, the Ajman City Centre is a popular shopping venue for tourists and residents alike.

Types of Apartments in Al Rashidiya

Apartments here comes with 1, 2 or 3-bedrooms; some studio flats are also available. A typical studio will come with 1 bath and a living space of 570 to 580 sq. ft. For those who want something larger, they could consider 1-bed flat in Al Rashidiya, which usually come with 2 baths and a floor space of 1,115 sq. ft. Next up, the 2-bedroom units usually come with 2 to 3 baths depending on the configurations. Floor spaces will vary from 1,004 sq. ft. for the smallest flat to 1500+ sq. ft. for the largest. Finally, 3-bed residential units will either come with either 3 or 4 baths.

Sale Price Trends for Apartments in Al Rashidiya

Studio flats will range between the prices of AED 185,000 to AED 250,000. 1-bed residential units will demand a value between AED 240,000 to AED 405,000. Moving on, 2-bedroom residential units in Al Rashidiya will start from AED 255,000 and can go up to AED 650,000. Those looking at buying 3-bed units should expect the value ranges to fall between AED 400,000 to 650,000.  Most of these residential units are spread across mid-rise residential buildings and have been constructed using the latest technology.

Lifestyle in Al Rashidiya

Al Rashidiya is anything but boring. Nearby, there are plenty of places to visit and enjoy. For example, if residents head to the vicinity of Al Sawan, they will find the Masti – Cocktails and Cuisines restaurant. Next, there is also a restaurant called SHAAP on Al Sawan Street. SHAAP has a unique and funky ambience and it is most popular with Indian and Pakistani residents who often congregate with family members to enjoy a nice meal. For those who want to enjoy traditional Sindhi dishes, they could head to the nearby Sindh Shabaz Restaurant. Heading down on Sheikh Maktoum Bin Rashid Street, residents will see the Secret Garden Café which offers continental dishes. The atmosphere is family-friendly making it a great place take your kids for lunch or dinner.  

Reasons for Investing in Al Rashidiya

Currently, properties in Ajman are far more affordable and worthy investment than other neighbouring cities which is a good reason to look at a property in this locality. Given the speed of its growth, real estate in Al Rashidiya is already in huge demand. In regards to investing in property, it can be a good idea to buy a residential unit in Al Rashidiya while the prices are still reasonable.