Immeuble à Al Rashidiya，Al Rashidiya 2, 11 chambres, 14000000 AED - 16776448

A Prime Investment Opportunity in Ajman
Corner building for sale on two streets in Al Rashidiya 2, Ajman, featuring a strategic location close to essential services, restaurants, shops, schools, and main roads.
The plot covers 8,602 square feet. The building consists of a ground floor and four additional floors, with a total of 32 apartments: 16 two-bedroom apartments with a living room and 16 one-bedroom apartments with a living room. The building is 7 years old and offers a diverse mix of units with strong demand for this type of property.
The annual income is AED 1,026,000, while the total asking price is AED 14,000,000, generating an estimated gross investment return of approximately 7.3% per year before operating and maintenance expenses.
This building is an excellent opportunity for investors seeking stable annual income and a ready income-generating property in a desirable area, with the potential for future capital appreciation. Freehold ownership is available to all nationalities.
Total Price: AED 14,000,000
Annual Income: AED 1,026,000
Plot Area: 8,602 square feet
Building Structure: Ground floor plus 4 floors
Total Units: 32 apartments
Ownership: Freehold for all nationalities
For more details or to schedule a viewing, please contact us now.