Immeuble à Al Rashidiya, 11 chambres, 12000000 AED - 17017283

Listing Description: A premier commercial & residential asset in the high-demand district of Al Rashidiya 2 (City Centre Sector), Ajman! Completed in late November 2024, this modern corner building on two streets offers exceptional architectural design, highly diversified tenant units, and an outstanding annual rental income of AED 1,043,000.
Property Details:

Location: Al Rashidiya 2, City Centre Sector, Ajman
Property Type: Mixed-Use (Commercial & Residential Building)
Plot Position: Corner plot on two streets
Plot Size: 633.65 sqm (approx. 6,820 sq. ft. )
Building Height: Ground + Mezzanine + 3 Typical Floors + Roof
Completion Date: November 20, 2024 (Brand New Structure)

Unit Breakdown:

8 Retail Shops
10 One-Bedroom Apartments (1BR)
10 Two-Bedroom Apartments (2BR)
1 Commercial Office with Full Mezzanine (~2,000 sq. ft. )

Key Highlights:

Prime location near Ajman City Centre, major thoroughfares, and daily essential services.
Excellent unit mix minimizing vacancy risks.
Newly completed with modern finishes and low maintenance overheads.

Financial Highlights:

Annual Rental Income: AED 1,043,000 (~8.7% Gross Yield)
Asking Price: AED 12,000,000 (Negotiable for serious buyers)

Secure a landmark asset with immediate guaranteed cash flow in Ajman! Contact us today to receive the complete financial breakdown or schedule a site inspection.