Top areas to buy apartments in Al Rashidiya, Ajman
Located close to the Ajman and Sharjah border, Al Rashidiya is one of the most popular neighbourhoods in the emirate. Residential options in the area typically include apartments and a few villas. Investors and homebuyers interested in purchasing a property here can explore areas to buy apartments in Al Rashidiya, Ajman.
Why buy apartments in Al Rashidiya?
One of the key attractions of buying apartments in Al Rashidiya is its strategic location in the city and easy access to major UAE highways, a benefit for those who need to commute to other emirates. Surrounding Al Rashidiya are the Al Rumaila and Al Nuaimiya districts as well as the Ajman Free Zone, all of which are located a short drive away.
Current property prices in Al Rashidiya can give buyers a better idea of options. Let’s see which sub-communities offer options for apartments for sale in Al Rashidiya with a review of the average price for each configuration.
Popular Areas to Buy Apartments in Al Rashidiya Ajman
According to our data experts, Al Rashidiya 3 has the most buildings with apartments for sale in Al Rashidiya Ajman, followed by Al Rashidiya 1 and Al Rashidiya 2. Let’s explore the details regarding average prices for flats in each of these areas in addition to features and amenities.
Al Rashidiya 3
Those looking for flats for sale in Al Rashidiya Ajman, Al Rashidiya 3 is a good option to consider. The neighbourhood is known for its tree-lined streets, bustling commercial areas and parks.
Apartments for sale in Al Rashidiya 3 range from studios to more spacious 1, 2 and 3-bedroom flats, ideal for couples and young families. All in all, apartments in Al Rashidiya 3 are suitable for anyone who wants to buy property here as an investment or as a permanent home.
- Studio apartments for sale here average at AED 300k.
- Those looking for 1-bed flats in the sub-community can expect to pay around AED 571k.
- Families may opt for 2-bedroom flats that are available for AED 742k.
- For the 3-bed variety, the price averages at AED 909k.
- The ROI for these apartments averages at 6.33%.
Al Rashidiya 1
Al Rashidiya 1 is second on the list of popular areas to buy apartments in Al Rashidiya Ajman. It’s located right next to the Sharjah and Ajman border. As per current listings, Al Rashidiya 1 has several apartments available for purchase in studio, 1, 2 and 3-bed configurations.
- Studios for sale in Al Rashidiya 1 have an average price of AED 320k.
- Buyers looking for 1-bed flats for sale in Al Rashidiya 1 can expect to pay around AED 616k.
- The 2-bed units for sale in Al Rashidiya average at AED 795k.
- For 3-bed flats, the price goes up to AED 865k.
- With an ROI at 5.56%, investing here can be a lucrative choice.
Al Rashidiya 2
Al Rashidiya 2 is another good option if you are searching for mid-range flats for sale in Al Rashidiya Ajman. Part of the bigger Al Rashidiya community, the area is located close to the coastal area of the emirate and Ajman Free Zone.
- Studio apartments available for purchase in Al Rashidiya 2 have an average price of AED 313k.
- The price for 1-bed flats here averages at AED 588k.
- The 2-bedroom apartments for sale are priced around AED 791k.
- The flats for sale in Al Rashidiya 2 usually yield an ROI of 6.89%.
FAQs
What are the best areas to live in Ajman?
Apart from Al Rashidiya, popular residential areas in Ajman include Ajman Downtown and Al Nuaimiya.
Is Dubai a good option to invest in properties?
Yes, it is. Take a look at Dubai Property Sales Transactions over the last 12 months for a better analysis.
That concludes our review of sales trends in Al Rashidiya in Ajman. All in all, apartment buildings here are ideal for buyers. This is also considering easy access to other emirates, a boon for buyers who prefer living in Ajman and working in Dubai.
For more updates on the latest sales trends in the UAE, stay tuned to MyBayut.
