Located in Downtown Ajman near the Ajman-Sharjah border, the residential community of Al Rashidiya is a popular choice with tenants, buyers and investors. If you are considering the area, it’s important to look at the pros and cons of living in Al Rashidiya to help you decide whether moving to the community or buying a property in this neighbourhood is a good option.
Consistently ranked as one of the most popular localities in Ajman, Al Rashidiya has all the amenities required for a comfortable lifestyle with easy access to other popular hubs in the emirate. If you’ve been thinking about buying or renting properties here, consider the pros and cons of living in Al Rashidiya, Ajman.
Continue reading to know more about the benefits of residing in Al Rashidiya and some of the drawbacks worth considering. But first, here’s an overview of the community.
AL RASHIDIYA AT A GLANCE
The community mostly consists of apartments but you can also find spacious villas. The residential properties come in a variety of sizes and configurations. Those residing in Al Rashidiya also favour it because of its ideal location, which provides easy access to amenities like schools, hospitals, parks and supermarkets. Not to mention, one can easily find public transportation within a short distance of Al Rashidiya.
Let us now discuss the pros and cons of living in Al Rashidiya.
PROS AND CONS OF AL RASHIDIYA
LIFE IN AL RASHIDIYA: THE BENEFITS
STABLE REAL ESTATE MARKET
Al Rashidiya is one of the best areas in Ajman both for buying and renting apartments, according to the End of Year Market Report for 2019. Ajman also offers 100% foreign ownership on freehold properties, making it a good place to put down roots with your family.
You can buy studio flats in Al Rashidiya for an average price AED 310k while the costs of 1-bedroom apartments in Al Rashidiya average at AED 440k. You can also consider buying a 2-bedroom flat in Al Rashidiya with for an average price of AED 585k. Since the area is consistently sought after by tenants, investors can also expect good returns on properties in the area based on rental yield.
On the rental side, the average annual rent of studio units in Al Rashidiya is AED 16.5k whereas one can rent 2-bedroom apartments for an average price of AED 30k per year. You can also rent villas in Al Rashidiya for prices starting from AED 38k.
The community has dynamic and diverse amenities. One can find supermarkets in all districts of Al Rashidiya. The area is also home to Grand Mall and Dana Mall, two of the best malls in Ajman.
One can also find several schools for children within the vicinity as well as in neighbouring communities that are a short drive away. The British International School, for instance, offers the UK curriculum from FS1 to Year 13. Higher education facilities include City University College of Ajman (CUCA) and City International College Ajman. This makes Al Rashidiya one of the most popular family-friendly areas in Ajman.
There also many clinics, hospitals and pharmacies within the community, including Prime Medical Center and Amina Hospital.
VARIETY OF LEISURE AND ENTERTAINMENT OPTIONS
Whether it is shopping, dining or leisure, there is no shortage of things to do in Al Rashidiya, Ajman.
Restaurants in Al Rashidiya offer a wide range of cuisines. And there are also nightlife options in the area. The Ajman Stadium which hosts football matches is also easily accessible for sports enthusiasts. Fans of local football will be pleased to know that the stadium is home to the Ajman Club.
Another entertainment venue is the Ajman Corniche, which hosts festivals and bazaars. In addition to this, the wide choice of restaurants in Ajman Corniche further expand your dining options.
Other places to visit in Al Rashidiya, include the Al Rashidiya Park which features games for all ages, along with a cafeteria and mosque. One can also head to the nearby beach at Ajman Corniche for walking, jogging, barbeques and picnics. There is also a sheltered tidal pool for swimming. With any luck, you might also spot some dolphins in the sea.
PROXIMITY TO NEIGHBOURING EMIRATES
Al Rashidiya is located near the Ajman-Sharjah Border. Those living in the area can reach other emirates such as Dubai and Umm Al Quwain in around 30 to 40 minutes. It is also easy to reach the international airports of both Dubai and Sharjah. On the whole, Ajman enjoys a central location in the UAE. Thus, you can easily commute to cities like Dubai while living a peaceful life away from the hustle and bustle.
CONS OF LIVING IN AL RASHIDIYA
LIFE IN AL RASHIDIYA: SOME DRAWBACKS
There are few things to consider before you move to Al Rashidiya.
LIMITED PARKING SPACES
Parking has been a problem in the area, especially because many residents travel back and forth from nearby emirates. However, in recent years, paid parking facilities have been expanded in the area. In any case, residential properties contain parking spaces for at least one vehicle.
This wraps up the pros and cons of living in Al Rashidiya. The community is ideal for residents and investors alike. It is self-sufficient with ample facilities and amenities within the community and is a short drive away from other areas of Ajman.
This further expands the opportunities for employment, business and even leisure for the residents of Al Rashidiya.
You can now evaluate the pros and cons of living in Al Rashidiya and make an informed decision about moving.
You can also read more about the pros and cons of Ajman Downtown to get a better idea of some of the other popular areas in the emirate. To know more about real estate trends in the UAE, subscribe to MyBayut.