Immeuble à Al Rashidiya, 8500000 AED - 16433470

Income-Generating Building | Central AC | Additional Rental Upside
Location: Al Rashidiya, Ajman
Configuration: Ground Floor + 5 Upper Floors
Age: 15 Years
Air Conditioning: Central AC
Area: 4,253 Sqft.

Property Details

30 Units: Room + Living room
1 Studio
5 Shops
3 Shops Currently Vacant — rental income from these is not included in the current income figure

Investment DetailsCurrent Annual Income: AED 742,000
Asking Price: AED 8,500,000
Current Gross ROI: 8.73%
The property also offers additional income potential by leasing the 3 currently vacant shops, which could further improve the overall return.

KEY HIGHLIGHTS 31 residential units
5 commercial shops
3 vacant shops with additional income potential
Central air conditioning
4,253 sq. ft. area
Established rental income of AED 742K
Attractive 8.73% current gross ROI
Asking Price: AED 8.5 Million
A solid income-generating investment with clear potential to increase rental returns.