Immeuble à Al Rawda，Al Rawda 3, 11 chambres, 4500000 AED - 16253736

For Sale in Ajman – Investment Residential Building in Al Rawda 3

A prime investment opportunity for sale in the Emirate of Ajman: a residential building in the Al Rawda 3 area. It boasts an excellent location on the corner of two streets and an alley, offering easy access and a prominent, desirable location. This makes it an ideal choice for those seeking real estate investment and a consistent annual income.

The building is designed with a G+1 layout and is situated on a 7,215 sq ft plot. Its diverse range of residential units ensures long-term occupancy and a good rental return.

Property Details:

Location: Ajman - Al Rawda 3
Property Type: Investment Residential Building
Location: Corner of two streets and an alley
Classification: G+1
Land Area: 7,215 sq ft
Building Age: 18 years
Number of Units:
12 One-Bedroom Apartments
8 Studio Apartments
Air Conditioning: Split Units
Current Annual Income: AED 330,000
Rent: Old Leases with Increaseable Contracts
Asking Price: AED 4,500,000
The building boasts a good number of residential units, comprising 12 one-bedroom apartments and 8 studio apartments. This distribution is well-suited to the rental market and allows for a diverse range of tenants.

One of the key strengths of this property is its current annual income of AED 330,000, with the potential for future rental growth. This is particularly relevant given the existing leases, which are based on old rents with the possibility of increase, giving the investor the opportunity to maximize returns and improve the property's investment performance over time. The corner location on two streets and an alley is a significant advantage, providing easy access to the building and enhancing its appeal to tenants. Furthermore, Al Rawda 3 is a well-known residential area in Ajman, ideal for investing in rental properties and various residential units.

This building is suitable for investors seeking an existing, rented property that generates annual income, rather than purchasing land and starting construction. It also offers the potential for future revenue growth through rent adjustments based on market conditions and applicable regulations.

Asking Price: AED 4,500,000

For those interested in real estate investment in Ajman and wishing to obtain further details about the building, income, units, and location, please contact us via WhatsApp: