Apartments for rent in Al Rashidiya

The emirate of Ajman is using Dubai as a benchmark for its real estate development. Since 2006, Ajman has ramped up its construction of freehold properties. Within Ajman, most of the population is concentrated in the city, approximately 90% to be precise. Similar to Dubai, property in Ajman is available for freehold ownership. During the financial crisis of 2007-2008, real estate development in Ajman had stalled. However, Ajman is once again on the upswing and is experiencing rapid economic growth. Likewise, one such area that is experiencing speedy progress within the Emirate of Ajman is the community of Al Rashidiya. It is located south-east of Ajman Fish Market. Going northbound, residents will find the Ajman Free Zone. To the northwest, there’s the community of Al Nakhil. Head southeast, and there’s the community of Al Rawda.

Types of Apartments in Al Rashidiya

Numerous properties are available for rent in Al Rashidiya. Studio suites will come with 1 bath and 600 sq. ft. of floor space.  Another variation will come with a plot size of 450 sq. ft. and 1 bath. For those looking for something larger, they can look into renting a slightly larger 670 sq. ft. studio flat that also comes with 1 bath. For those looking for 1-bedroom suites for rent, there are multiple variations available. The most popular 1-bed flat will come with 2 baths and 1,115 sq. ft. of floor space. 2-BHK for rent in Al Rashidiya will come with 3 baths and 1,566 sq. ft. of living space.

Rent Price Trends for Apartments Al Rashidiya

Rentals of Studios in Al Rashidiya will range between AED 17K to AED 27K. A 1-bed unit will range anywhere from AED 18K to 24K, 2-bedroom apartments for rent will range anywhere from AED 24K to AED 32K and 3-bed flat for rent in Al Rashidiya will range in the price bracket that’s between AED 40K to AED 48K.  Homes in this class are suitable for residents who can’t afford to rent in Sharjah and Dubai. Some realtors will require payment in the form of 4 cheques.

Lifestyle in Al Rashidiya

The main arterial highway that connects with Al Rashidiya is the E11. Along this street, there are several places where residents can visit various shopping centres. Along the E11, there is the Thumbay Hospital, Ajman. Heading north on the E11, there’s City Centre Ajman. Here, residents will not only experience a great shopping experience, but there’s also a movie theatre in the mall. However, if residents head north on Al Ittihad street, they will find the Ajman China Mall in the community of Al Jerf Industrial Area. Other places of interest include the Al Khayama Camp where residents are taken on a desert safari. When it comes to nightlife, there are a few bars in Ajman. Some of these bars are located on Ajman’s shoreline. For example, the Pirates Sports Bar is a great place to hang out or watch the football game. This sports bar has a couple of pool tables and a very casual environment. Residents will also find a variety of cocktail mixes. Another bar that is located on the shoreline of Ajman is the Zani Bar, which is situated outdoors overlooking the ocean. Residents can enjoy great food here as well as choose from a wide selection of cocktails and beers. Another casual bar where locals like to spend time is the Thirsty Horse Sports Bar.

Reasons for Renting in Al Rashidiya

First and foremost, Ajman is perhaps the only emirate that offers affordable properties for renting purposes. It is a great place for expats who can’t afford to rent in Sharjah and Dubai; for them, leasing a flat in Al Rashidiya can make perfect sense. Nearby, residents will find everything they need on the main arterial road which is the E11. For instance, major supermarkets can be found along this road. Apart from that, there are several hospitals, schools and malls that can be accessed through this arterial road.