Villa in Al Rashidiya, 5 slaapkamers, 570000 AED - 16972858

Arabic House for Sale in Al Rashidiya 3, Ajman | AED 570,000
Investment Opportunity in Al Rashidiya 3, AjmanDiscover this Arabic-style house for sale in Al Rashidiya 3, Ajman, offering a practical residential layout and an existing annual rental income. With a total area of 2,000 sq. ft. , five rooms and two bathrooms, this property presents an opportunity for buyers looking to explore residential real estate investment in Ajman.
The property is currently rented to a family for AED 50,000 per year, making it worth considering for investors seeking an income-generating residential property. The asking price is AED 570,000.

Property Details

Property Type: Arabic House
Transaction Type: For Sale
Location: Al Rashidiya 3, Ajman, UAE
Property Size: 2,000 sq. ft.
Property Classification: Residential Investment
Number of Rooms: 5
Number of Bathrooms: 2
Current Occupancy: Rented to a family
Annual Rental Income: AED 50,000
Asking Price: AED 570,000

Property HighlightsResidential Location in Ajman
Located in Al Rashidiya 3, Ajman, this property is an option for buyers exploring residential real estate opportunities in the emirate. Its location and existing rental arrangement make it worth evaluating against your investment objectives.
Existing Rental Income
The house is currently rented to a family at AED 50,000 annually. Buyers can assess the existing rental income and review the tenancy agreement, payment terms and remaining lease period before completing the purchase.
Practical Living Space
The property offers 2,000 sq. ft. of space, five rooms and two bathrooms. This layout may appeal to buyers looking for a multi-room Arabic-style house in an established residential area.
Clear Asking Price
The asking price is AED 570,000. Prospective buyers can evaluate the property's investment potential by comparing the purchase price with the current rental income and considering all applicable ownership expenses.

Estimated Rental YieldBased on the asking price of AED 570,000 and the current annual rent of AED 50,000, the estimated gross rental yield is approximately 8.77% per year.
This is an indicative gross yield before maintenance, service charges, transaction costs, vacancy periods and other property-related expenses. The actual net return will depend on the property's costs, tenancy terms and continued occupancy. Rental income and tenancy documentation should be verified before purchase.

Who Should Consider This Property?This Arabic house may suit investors looking for a tenanted residential property in Ajman, as well as buyers interested in a five-room property with an existing rental arrangement. It can be considered by those seeking to diversify their property portfolio and evaluate rental income opportunities in the UAE.
Buyers are advised to verify the ownership documents, property condition, tenancy contract, applicable fees and any relevant legal requirements before proceeding.

Asking Price and EnquiriesAsking Price: AED 570,000.
For further information about this Arabic house for sale in Al Rashidiya 3, Ajman, including the current tenancy details and viewing arrangements, please contact the advertiser.
Explore this residential investment opportunity and assess whether it matches your property investment goals.

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