Gebouw in Al Rashidiya, 11 slaapkamers, 8300000 AED - 16651683

FOR SALE – Income-Generating Building in Al Rashidiya, Ajman | Direct Sale
A prime investment opportunity in a strategic and highly accessible location in Al Rashidiya, Ajman, situated directly on Al Ittihad Street, opposite Falcon Towers and close to Nesto Hypermarket.
The building offers a strong existing rental income, with additional income potential from three vacant shops that are currently not included in the reported rental income.

Property Details

Location: Al Rashidiya, Ajman
Street: Al Ittihad Street
Plot Area: 4,200 sq. ft.
Total Units: 36 units
Residential Units: 30 one-bedroom apartments
Studio: 1 studio apartment
Commercial Units: 5 shops
Current Annual Rental Income: AED 795,000
Vacant Shops: 3 shops currently vacant and not included in the current rental income
Asking Price: AED 8,300,000

Strategic LocationThe property enjoys an excellent location on Al Ittihad Street, directly opposite Falcon Towers and close to Nesto Hypermarket, offering convenient access to major roads, shopping destinations, and surrounding residential areas.
With an existing annual rental income of AED 795,000, the building provides an established income stream. In addition, the three currently vacant shops offer an opportunity for further rental income once leased.
This property is suitable for investors seeking a ready income-generating real estate asset in a prominent location in Ajman, with potential to enhance the overall rental return.
Asking Price: AED 8,300,000
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