Freehold | High Income | Corner Building

Investment Building for Sale in Al Rashidiya, Ajman | Corner PlotAn excellent investment opportunity to acquire a residential and commercial building in Al Rashidiya, Ajman. The property occupies a prime corner position on two asphalt roads, close to major landmarks and essential amenities. It currently generates an annual rental income of AED 795,000, with additional income potential from three vacant shops.
Location
Al Rashidiya, Al Ittihad Street, Ajman
Opposite Falcon Towers
Next to Middle East
Near Nesto Hypermarket
Building Details
Residential and Commercial Building
Ground Floor + 5 Floors
Corner Plot on Two Asphalt Roads
Plot Area: 4,200 sq. ft.
Building Age: 15 Years
Property Composition
30 One-Bedroom Apartments
1 Studio Apartment
5 Retail Shops
Total: 36 Units
Investment Details
Current Annual Rental Income: AED 795,000
3 Shops Currently Vacant and Not Included in the Existing Rental Income
Additional Income Potential Through Leasing the Vacant Shops, enhancing the overall investment return.
Asking Price
AED 8,300,000
With its strategic location, corner position, existing rental income, and potential to generate additional revenue from vacant shops, this property represents an attractive opportunity for investors seeking an income-generating asset in Ajman.
For further details or to arrange a viewing, please contact us.