Villa in Al Rashidiya，Al Rashidiya 3, 5 slaapkamers, 650000 AED - 16541214

Arabic House for Sale | Residential Investment Opportunity in Ajman

An attractive investment opportunity to own a residential investment property with a land area of 2,000 sq. ft. at a competitive asking price.

An ideal option for investors looking for a property with an existing rental income and potential for long-term investment.

Property Details

Property Type: Arabic House – Residential Investment

Land Area: 2,000 sq. ft.

Property Layout: 5 Rooms

Current Annual Rental Income: AED 28,000

Rental Status: Existing old rental contracts

Asking Price: AED 650,000

Investment Highlights

The property generates an existing annual rental income.

The current rental contracts are old, offering investors the opportunity to explore potential rental income improvements in the future, subject to market conditions and applicable regulations.

A suitable land area of 2,000 sq. ft.

An attractive option for investors looking to purchase an existing income-generating property rather than buying land and starting construction from scratch.

Potential future property improvements or redevelopment, subject to the property's technical condition and relevant authority approvals.

Current gross rental yield is approximately 4.3% annually, before expenses.

Asking Price: AED 650,000

An opportunity to acquire a residential investment property with an existing rental income and potential for future income growth.

For more information or to arrange a viewing, please contact us.

Ahmed Abu Zaid Real Estate

Haifa Omer