Fully Rented Investment Building for Sale in Al Rashidiya 3, Ajman

Fully Rented Investment Building for Sale in Al Rashidiya 3, Ajman
Excellent investment opportunity in Al Rashidiya 3, Ajman. The building is fully rented and generates an established annual income with an attractive investment return.
Location: Al Rashidiya 3, Ajman
Located on an Unpaved Road
Building Permit: G+4
Plot Area: 6,344 sq. ft.
Built-up Area: 25,000 sq. ft.

Building Details:

22 Residential Apartments
5 Commercial Shops
1 Elevator

Apartment Breakdown:

16 One-Bedroom Apartments with Living Room
6 Studio Apartments

Building Age: 5 Years
Fully Rented
Annual Income: AED 600,300
ROI: Approximately 8.2%
Asking Price: AED 7,500,000 – Negotiable
Freehold Ownership for All Nationalities
A great opportunity for investors looking for a ready income-generating property with stable rental returns in a prime area of Ajman.
For more information or to arrange a viewing, please contact the advertiser.