Corner Residential & Commercial Building for Sale in Al Rashidiya 2, Ajman, Near City Centre, Facing Two Streets, 8% ROI, Annual Income AED 1,043,000,

Residential & Commercial Corner Building for Sale – Al Rashidiya 2, Ajman | Annual Income AED 1,043,000A prime investment opportunity to own a modern residential and commercial building in Al Rashidiya 2, City Centre Ajman area. Strategically located on a corner plot facing two streets, the property combines residential apartments and commercial units, generating an attractive annual rental income.

Property Details

Location: Al Rashidiya 2 – City Centre Area – Ajman
Property Type: Residential & Commercial Building
Plot Position: Corner plot facing two streets
Plot Area: 633.65 sqm (approximately 6,820 sq. ft. )
Building Configuration: Ground Floor + Mezzanine + 3 Repeated Floors + Roof
Completion Certificate Date: 20 November 2024

Unit Distribution

8 retail shops
10 one-bedroom apartments
10 two-bedroom apartments
1 commercial office with a full mezzanine, approximately 2,000 sq. ft.

Investment Highlights

Modern building with a recent completion certificate.
Prime location in Al Rashidiya 2, near City Centre Ajman.
Corner plot facing two streets, offering convenient access and excellent commercial visibility.
Diverse property mix combining retail shops, residential apartments, and office space.
Multiple rental income sources from residential and commercial units.
Close to essential services, amenities, and major roads.

Financial DetailsAsking Price: AED 12,000,000
Annual Rental Income: AED 1,043,000
Approximate Gross Annual Rental Yield: 8.69%
An excellent investment opportunity for buyers seeking a residential and commercial income-generating property in a prime location in Ajman.