Exceptional Investment Opportunity – Building for Sale in Al Rashidiya, Al Ittihad Street, Ajman

Exceptional Investment Opportunity – Building for Sale in Al Rashidiya, Al Ittihad Street, Ajman
An excellent opportunity to own a residential and commercial building in one of the prominent locations in Al Rashidiya, Ajman.
The property is strategically located on Al Ittihad Street, occupying a corner plot facing two asphalt roads, offering excellent accessibility, visibility, and strong investment potential.
Prime Location:

Al Rashidiya, Al Ittihad Street, Ajman.
Directly opposite Falcon Towers.
Next to Middle East.
Close to Nesto Hypermarket.
Corner location facing two asphalt roads.

Property Details:

Total Plot Area: 4,200 sq. ft.
Total Units: 36.
30 One-Bedroom Apartments (1 Bedroom + Living Room).
1 Studio Apartment.
5 Commercial Shops.
Building Age: 15 Years.

Investment Highlights:

Current Annual Rental Income: AED 795,000.
3 Commercial Shops are currently vacant and have not been included in the existing rental income.
Potential to increase the annual rental income by leasing the vacant shops.

Asking Price: AED 8,300,000.
This property represents an attractive investment opportunity for investors looking for a residential and commercial income-generating asset in a prime and established location in Ajman.
With an existing annual rental income and additional income potential from the three vacant shops, this building offers an excellent opportunity for investors seeking long-term returns and future income growth.
A prime location, established rental income, and additional investment potential – Don't miss this opportunity