Immeuble à Al Rashidiya，Al Rashidiya 3, 11 chambres, 3000000 AED - 17174423

Residential Investment Building for Sale in Al Rashidiya 3, Ajman | 8 Apartments | AED 247,000 Annual Income | 8.23% Gross ROIAn investment opportunity to acquire a residential building in Al Rashidiya 3, Ajman, located near Amina Hospital.
The property has a stated area of 6,000 square feet and consists of eight residential apartments, including five three-bedroom apartments and three two-bedroom apartments.
The building generates a reported annual rental income of AED 247,000 and is offered for sale at an asking price of AED 3,000,000.
Based on the stated annual income and asking price, the property offers an approximate gross rental yield of 8.23%, before operating expenses, maintenance costs, and applicable fees.

Property Details

Emirate: Ajman, UAE
Location: Al Rashidiya 3
Nearby Landmark: Amina Hospital
Property Type: Residential Investment Building
Stated Area: 6,000 Sq Ft
Approximate Metric Area: 557.4 Sqm
Total Residential Apartments: 8
Three-Bedroom Apartments: 5
Two-Bedroom Apartments: 3
Additional Facility: Large Rear Storage Room
Storage Room Status: Currently Vacant
Reported Annual Rental Income: AED 247,000
Asking Price: AED 3,000,000
Approximate Gross Rental Yield: 8.23%

Residential Unit BreakdownFive Three-Bedroom Apartments
The building contains five apartments, each comprising three bedrooms and a living room.
These units provide accommodation options for households seeking apartments with additional bedrooms in Al Rashidiya 3, Ajman.
Three Two-Bedroom Apartments
The property also includes three apartments, each featuring two bedrooms and a living room.
The combination of two-bedroom and three-bedroom apartments provides a varied residential unit mix within a single investment property.
Large Rear Storage Room
An additional large storage room is located at the rear of the building.
The storage room is currently vacant, providing an additional space that prospective purchasers can assess for an appropriate permitted use.
Any proposed change of use would be subject to the relevant approvals and regulations.

Rental Income and Investment YieldThe building generates a reported annual rental income of AED 247,000.
Based on the asking price of AED 3,000,000, the approximate gross annual rental yield is 8.23%.
This figure is calculated by dividing the stated annual rental income by the asking price.
The yield is a gross estimate and does not account for maintenance, property management, vacancies, service costs, transaction fees, or other operating expenses.
Prospective buyers should review the current tenancy agreements and financial records to verify the actual income and expenses.

Location – Al Rashidiya 3, AjmanThe building is situated in Al Rashidiya 3, near Amina Hospital in Ajman.
Its location provides an identifiable landmark for prospective purchasers evaluating residential investment properties in the area.
Investors can assess the property's position, surrounding amenities, accessibility, and tenant demand as part of their due diligence.

Investment Highlights

Residential investment building in Al Rashidiya 3
Located near Amina Hospital
Eight residential apartments
Five three-bedroom apartments
Three two-bedroom apartments
Stated area of 6,000 square feet
Large vacant storage room at the rear
Reported annual rental income of AED 247,000
Approximate gross rental yield of 8.23%
Asking price of AED 3,000,000

Why Consider This Property?This building offers an opportunity for investors looking to acquire an income-generating residential property in Ajman.
The combination of eight residential apartments, different unit configurations, and reported annual rental income provides a basis for evaluating its investment potential.
The additional vacant storage room may also be relevant when reviewing the property's existing facilities.
For buyers searching for a residential building for sale in Al Rashidiya 3, Ajman, this property offers an established rental income figure and an asking price of AED 3 million.
A full investment assessment should include verification of tenancy contracts, actual rental collections, operating expenses, property condition, ownership documentation, and applicable regulatory requirements.
Location: Al Rashidiya 3, Ajman
Landmark: Near Amina Hospital
Stated Area: 6,000 Sq Ft
Total Apartments: 8
5 Three-Bedroom Apartments
3 Two-Bedroom Apartments
Additional Facility: Large Vacant Rear Storage Room
Reported Annual Income: AED 247,000
Approximate Gross ROI: 8.23%
Asking Price: AED 3,000,000