For Sale:
Ajman Buildings
Al Rashidiya
Al Rashidiya 2
Bayut - 106592-mRWuyF
WhatsApp Image 2025-05-17 at 3.47. 04 PM. jpeg
12
AED7,600,000
Est. Payment AED 30.1K/mo
Al Rashidiya 2, Al Rashidiya, Ajman
11 Beds
11 Baths
7,000 sqft

Premium Residential Property Offering 10% Annual Rental Yield – Don’t Miss Out in Al Rashidiya 2

For Sale: Fully Occupied Residential Building in Al Rashidiya 2 – Ajman
We are pleased to present an exceptional investment opportunity to acquire a modern residential building located in the heart of Al Rashidiya 2, one of Ajman’s most sought-after and vibrant neighborhoods. Constructed just 6 years ago, this building features contemporary architectural design tailored to meet diverse tenant needs while providing investors with a steady and growing income stream.
Property Overview:
Situated on a spacious plot of approximately 6,393 square feet, this well-maintained building comprises a ground floor plus four additional floors, offering an ideal setup for long-term investment in Ajman’s growing real estate market.
The building includes a total of 36 residential units, thoughtfully designed to cater to various tenant profiles:
  • 17 one-bedroom apartments, offering well-planned layouts suitable for small families or individuals
  • 17 studio apartments, designed efficiently to maximize comfort and functionality
  • 2 two-bedroom apartments, perfect for medium-sized families seeking additional space
Current Income & Investment Potential:
The building currently generates an annual rental income of AED 730,000. It is important to note that the existing lease agreements were signed at below-market rental rates, providing a significant opportunity for rental income enhancement upon renewal with updated market prices. This offers investors the potential to increase returns considerably over a short period.
Prime Location:
Strategically located in Al Rashidiya 2, the property benefits from close proximity to essential amenities such as schools, hospitals, shopping centers, and local markets. Its accessibility to major roads facilitates quick and easy travel to other parts of Ajman and neighboring emirates, including Dubai.
Why Invest in This Property?
  • Fully Leased: The building is fully rented out, ensuring continuous and stable cash flow
  • Freehold Ownership: Available for freehold purchase by all nationalities, allowing both local and international investors to own the property without restrictions
  • Attractive Yield: With rental adjustments reflecting current market rates, investors can expect yields up to 10% annually or more, making this an excellent income-generating asset
  • Capital Appreciation: Given the ongoing urban development and growing demand for residential units in Ajman, the property’s value is expected to appreciate steadily
  • Flexible Unit Mix: The variety of unit sizes and layouts appeals to a broad range of tenants, from singles to families
Asking Price: AED 7,600,000 only
Don’t miss this rare opportunity to invest in a fully occupied residential building that combines prime location, modern design, and strong financial returns. Secure your investment in one of Ajman’s most promising real estate markets today.
For more details or to schedule a site visit, please contact:

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Reference no.Bayut - 106592-mRWuyF
  • CompletionReady
  • Average Rent
  • Added on17 May 2025

Features / Amenities

Balcony or Terrace
Flooring
Centrally Air-Conditioned
Double Glazed Windows
+ 17 more amenities

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

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