Kavel in Al Rashidiya, 3000000 AED - 16615970

Investment Opportunity for Sale in Ajman – Al Rashidiya 3

Residential and commercial building located in one of the most vibrant areas of Ajman, in a prime location along the stretch from Grand Mall towards Al Rashidiya Park, situated on three streets, including one main road, Badr Street.

Location: Ajman – Al Rashidiya 3

Plot Area: 600 square meters, equivalent to 6,454 square feet.

The building is divided into 3 independent houses, with 3 separate electricity meters. It is leased to an investor for AED 130,000 annually.

The actual annual income generated by the investor is AED 310,000, supported by certified contracts.

Current building permit: Ground Floor + 2 Floors, with the possibility of increasing the number of floors subject to applicable regulations and approvals.

Asking Price: AED 3 M

Prime location, large plot area, three street frontages, established rental income supported by certified contracts, with potential for additional floors subject to official approvals.

For more information, property details, or viewing arrangements, please contact the advertiser.