Immeuble à Al Rashidiya, 11 chambres, 8300000 AED - 17066656

Building for sale in Al Rashidiya, Ajman, on Al Ittihad Street. It boasts a prime, strategic corner location at the intersection of two paved roads, situated opposite the Falcon Towers, next to Middle East, and near Nesto Hypermarket—making it an exceptional investment opportunity in one of Ajman’s most vibrant areas.

Property Details

Location: Al Ittihad Street, Al Rashidiya, Ajman
Property Type: Residential and Commercial Building
Total Area: 4,200 sq. ft.
Building Age: 15 years
Total Number of Units: 36
Current Annual Income: AED 795,000
Asking Price: AED 8,300,000

Building Composition

30 one-bedroom apartments (1BR + living room)
1 studio apartment
5 commercial shops

An Exceptional Investment Opportunity

The building’s prime, accessible location on two paved roads—close to essential services, commercial centers, and key amenities—enhances its appeal for both residential and commercial use.

The current annual income is AED 795,000. Notably, 5 commercial shops are currently unleased and not included in this income figure, offering the investor an opportunity to increase revenue and improve the return on investment (ROI) once they are rented out.

Combining residential units with commercial shops, the building provides diversified income streams. It is an ideal choice for investors seeking an established property that already generates annual income, with further potential to boost returns in the future.

Asking Price: AED 8,300,000

An outstanding property and a compelling investment opportunity in a prime location in Al Rashidiya, Ajman.

For further details or to arrange a viewing, please get in touch.