Investment building for sale in Al Rashidiya 2, generating an annual return of 250,000. The current structure consists of a ground floor plus one uppe

Investment Building for Sale in Al Rashidiya 2 – Ajman

An excellent investment opportunity to own a building in the Al Rashidiya 2 area of Ajman. The property is situated on a corner plot facing two asphalt roads and features a spacious land area. It currently generates an annual income and comes with a residential-commercial zoning plan, offering the investor potential for future development.

Property Details:

Location: Al Rashidiya 2 – Ajman

Land Area: 6,400 sq. ft.

Existing Structure: Ground floor + 1st floor

Approved Zoning: Residential-Commercial (Ground + 5 floors)

Number of Apartments: 4 units

Layout per Apartment: Originally 3 rooms and a living hall (the living halls have been converted to add two additional rooms per unit)

Tenancy Status: Currently leased as furnished residential units

Net Annual Income: AED 250,000

Asking Price: AED 2,700,000

Property Highlights:

Corner location facing two asphalt roads

Large land area of 6,400 sq. ft.

Established net annual income from furnished apartment rentals

Residential-commercial zoning (Ground + 5 floors)

An ideal opportunity for investors seeking a property with an existing yield and potential for future development

If you are looking for a real estate investment in a prime location in Ajman, this building is well worth your consideration and a personal viewing.

For further details or to schedule a viewing, please get in touch.