Villa a Al Rashidiya, 2300000 AED - 16960555

Residential Commercial Property for Sale in Al Rashidiya 2, AjmanAn investment opportunity to acquire a residential commercial Arabic-style property in Al Rashidiya 2, Ajman. The property offers a combination of residential and commercial units, making it worth considering for investors seeking to evaluate multiple potential rental income sources within a single asset.
The stated property area is 5,952 square feet, with an advertised building permit configuration of Ground Floor + 6 Floors, subject to verification of current approvals. The property comprises two internal residential houses and six commercial shops. The annual income is currently being updated, with a stated target range of AED 180,000 to AED 200,000 per year. The asking price is AED 2,300,000.

Property Details

Property Type: Residential Commercial Arabic-Style Property.
Location: Al Rashidiya 2, Ajman, United Arab Emirates.
Property Area: 5,952 square feet.
Advertised Building Configuration: Ground Floor + 6 Floors, subject to verification.
Residential Units: 2 internal houses.
Commercial Units: 6 shops.
Target Annual Income After Update: AED 180,000 to AED 200,000.
Asking Price: AED 2,300,000.
Plan Status: The available building plan is old and requires review against current approved documentation.

Location in Al Rashidiya 2, AjmanLocated in Al Rashidiya 2, Ajman, this property may appeal to investors exploring residential and commercial real estate opportunities in the emirate. Its combination of residential houses and commercial shops allows buyers to assess different potential rental income streams within one property, subject to the actual occupancy status, tenancy agreements, and permitted uses.
Location, property size, unit configuration, building condition, operating expenses, and local rental demand are important factors when evaluating an investment property. Prospective buyers are encouraged to arrange a site inspection and review the property's legal and technical documentation before making a purchase decision.

Property Layout and Investment PotentialThe property comprises two internal residential houses and six commercial shops. This combination offers an opportunity to assess a mixed-use rental strategy, with potential income from both residential and commercial units rather than relying on a single source.
The six shops can be evaluated based on their current occupancy, lease terms, permitted business activities, and rental potential. The two residential units provide an additional residential component within the same asset. Buyers should verify the officially approved number of units, their permitted uses, and their current occupancy status against the relevant plans and property records.

Target Annual Income of AED 180,000 to AED 200,000The property's annual income is currently being updated, with a stated target of AED 180,000 to AED 200,000 per year. This range can serve as an initial basis for investment analysis, but the final rental income should be verified through supporting documents and confirmed tenancy arrangements.
Based on the asking price of AED 2,300,000, the indicative gross annual yield would be approximately 7.83% at annual income of AED 180,000 and approximately 8.70% at AED 200,000. These figures are calculated before maintenance, management, insurance, operating costs, vacancy periods, and any other property-related expenses.
The figures represent an indicative gross yield based on the stated target income and are not a guarantee of net return. Investors should review the rental income for each unit, current and expected lease agreements, operating expenses, and any outstanding obligations before finalizing their financial assessment.

Building Permit and Existing PlanThe advertised building configuration is Ground Floor + 6 Floors. However, the available plan is described as old and should not be treated as definitive evidence of the property's current permitted configuration.
Before purchase, buyers should obtain and review updated plans and approvals from the relevant Ajman authorities. This review should confirm the permitted building height, approved floor areas, unit count, residential commercial classification, current building status, and any applicable amendments or regulatory requirements.

Key Property Highlights

Residential commercial property in Al Rashidiya 2, Ajman.
Stated area of 5,952 square feet.
Two internal residential houses.
Six commercial shops.
Potential to assess diversified residential and commercial rental income.
Target annual income of AED 180,000 to AED 200,000 after the update.
Asking price of AED 2,300,000.
Advertised Ground Floor + 6 Floors configuration, subject to current approval verification.
Suitable for investors evaluating multi-unit real estate opportunities.

Asking Price and EnquiriesAsking Price: AED 2,300,000.
This property may be suitable for investors looking for a residential commercial asset in Ajman that combines residential units with commercial shops. Interested buyers should request the available rental details, inspect the property, review the building plan and permits, and verify the current legal and technical status before proceeding with a transaction.
If you are searching for a residential commercial property for sale in Al Rashidiya 2, Ajman, with a stated area of 5,952 square feet, two internal houses, six commercial shops, and a target annual income of AED 180,000 to AED 200,000, this opportunity may be worth evaluating based on verified documentation and actual income.
Important: The stated annual income is a target after an update and is not confirmed final income. The old building plan, current building permit, property classification, approved unit count, and actual rental income should all be independently verified before purchase.