Immeuble à Al Rashidiya, 10 chambres, 9500000 AED - 16974413

**Residential Investment Building for Sale in Al Rashidiya – Ajman**

**An Exceptional Investment Opportunity | Annual Income: AED 828,000**

A prime opportunity for investors seeking a residential investment property in the Al Rashidiya area of Ajman. This relatively modern building offers a mix of residential units and generates a rewarding annual income.

The building features a functional design with a total built-up area of 24,000 square feet. It comprises a variety of residential units—including studios and one-bedroom apartments—providing multiple streams of rental income within a single property.

**Property Details**

- **Location:** Al Rashidiya, Ajman
- **Property Type:** Residential Investment Building
- **Land Area:** 595 square meters (approx. 6,404 square feet)
- **Built-up Area:** 24,000 square feet
- **Building Age:** 6 years

**Building Composition**

- 19 Studios
- 18 One-bedroom apartments
- **Total Residential Units:** 37

**Financial and Investment Details**

- **Total Annual Income:** AED 828,000
- **Asking Price:** AED 9,500,000
- **Approximate Gross Rental Yield:** 8.72% per annum (before deducting operating expenses, maintenance, and other costs).

**Why is this an exceptional investment opportunity?**

- Prime location in the Al Rashidiya area of Ajman.
- The building is only 6 years old. - A diverse mix of residential units, including studios and one-bedroom apartments.
- Generates an annual income, based on the provided data.
- Comprises 37 residential units within a single real estate investment.
- An ideal opportunity for investors seeking annual rental income and a long-term real estate asset.

**Asking Price: AED 9,500,000. **

Secure your real estate investment in Ajman, benefiting from a variety of residential units and annual rental income, all located in a prime area in Al Rashidiya.