11
HOT DEAL FOR INVESTORS | Prime Rashidiya Building | AED 950K Annual Income
Property highlights:
Added Feature:
Investment Advantages:
- Total units: 22 Flats
- 16 × Spacious 2-bedroom Apartments
- 6 × Large 3-Bedroom + 3 Bathroom apartments
- Retail Spaces:Shop + Mezzanine (Steady commercial rental income)
- Plot Size: 9,000 sqft
- Zoning: G+6 Permission (ideal for vertical Expansion)
- Condition: Old building – perfect for value-add upgrades
- Occupancy: Fully rented (consistent income stream)
Added Feature:
- Prime corner or accessible location with easy entry/exit
- Close to main roads, public transport, schools & daily amenities
- High tenant demand area ensuring low vacancy risk
- Separate utility meters (efficient management & billing)
- Potential for renovation to significantly increase rental yield
- Opportunity to redevelop into a modern apartment building
- Strong capital appreciation potential due to location
- Ideal for long-term hold or developer resale strategy
Investment Advantages:
- Annual Income: AED 950,000
- High ROI potential with scope to increase rents
- Mixed-use income stream (residential + retail)
- Rare chance to own a full building in a strategic location
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 11302-PvBzxQ
- CompletionReady
- Average Rent
- Added on15 September 2026
Validated Information
Mortgage
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Building Information
