Investment Building for Sale in Al Rashidiya 2 – Ajman | High Income | Fully Rented

Investment Building for Sale in Al Rashidiya 2 – Ajman | High Income | Fully RentedAn excellent investment opportunity to acquire a residential building in Al Rashidiya 2, Ajman, located in a prime area opposite a mosque and close to major public and commercial facilities. The property is fully rented and offers strong rental income with potential for future growth.
Property Details:

Location: Al Rashidiya 2, Ajman
Prime location opposite a mosque
Building Age: 5 Years
Fully Rented

Building Composition:

18 Studio Apartments
18 One-Bedroom Apartments with Living Room
Total: 36 Residential Units

Investment Highlights:

Current Annual Income: AED 850,000
Investment Return: 9% and Above
Strong potential for rental growth, as current leases are based on older rental rates and may be increased upon renewal

Location Advantages:

Close to public and commercial facilities
Near restaurants and shopping malls
Close to bus stations
Nearby open parking areas available
Easy access to Sharjah and Dubai

Asking Price: AED 9,000,000
A strong income-generating investment opportunity for investors seeking a fully rented property with immediate returns and excellent potential for future rental growth.