Properties for rent in Sheikh Maktoum Bin Rashid Street

Sheikh Maktoum Bin Rashid Street, named after a former ruler of the emirate, contains many sought-after rental properties in Ajman. Spread over a prime and central location of the city, the area lies close to crucial developments such as Al Rawda, Al Jurf and Al Helio. A major road for citizens, Sheikh Maktoum Bin Rashid Street begins from the eastern end of the city where the border lies and continues to the west until it meets with Sheikh Khalifa Bin Zayed road at the Al Ittihad St. flyover. Although Sheikh Maktoum Bin Rashid Street is a busy road, the residents renting properties here enjoy the openness around their residences and the well-spaced out lanes.

Types of Properties on Sheikh Maktoum Bin Rashid Street

The area of Sheikh Maktoum Bin Rashid Street is not just popular for renting residential properties but is also a commercially vibrant zone in Ajman. Few of the notable buildings on this street include the mixed-use Al Habib Building of Al Rawda community that contains 3 floors and the mid-rise Al Nafura Building 2, another mixed-use real estate on Sheikh Maktoum Bin Rashid Street in Al Jurf community, which has 14 floors. The project of Expo Building is a real estate that stands at the height of around 110 metres with 27 floors. This high-rise tower on Sheikh Maktoum Bin Rashid Street features amazing amenities such as a grand lobby, 5 high-speed elevators, free parking space and facilities for disabled persons. The available properties for rent in Expo Building include 1 and 2-bedroom apartments that are further facilitated with free internet and a cable TV connection. The rental shops on Sheikh Maktoum Bin Rashid Street are available with retail spaces ranging from 352 sq. ft. to 1,372 sq. ft.

Rent Price Trends of Properties on Sheikh Maktoum Bin Rashid Street

One of the newest Sheikh Maktoum Bin Rashid Street apartments available for rent include a 2BHK unit in Expo Building that has yearly charges of AED 38,000. If you get his property on a 1-year contract, you will get a free stay for 1 month. The rent of available apartments on Sheikh Maktoum Bin Rashid Street starts from AED 30,000 and goes up to AED 48,000 per annum, with around AED 36,000 as the average rental rate. If you are looking for a retail space with floor area between 352 sq. ft. to 1,372 sq. ft., then you can consider one of the shops on Sheikh Maktoum Bin Rashid Street that can be rented for the price between AED 42,314 and AED 164,650.

Popular Areas of Sheikh Maktoum Bin Rashid Street

Far west of Sheikh Maktoum Bin Rashid Street is the newest 2-floor shopping complex called Galleria Mall that houses around 200 retail outlets featuring different departments such as fashion, gifts and jewellery, footwear and bags as well as electronics. It also has a reserved area for a hypermarket, around 10 showrooms, kids’ play area and a food court. In Al Muntazil community there’s a small institutional chamber referred to as Ministry of Education Ajman comprising Ajman Educational Zone and Ajman Teacher Training Institute. The famous fast-food chain McDonald’s and ADNOC service station are also situated in the premises.

Reasons for Renting on Sheikh Maktoum Bin Rashid Street

Reflecting modern architecture and superbly designed interiors, Sheikh Maktoum Bin Rashid Street properties lie in close proximity to an array of amenities. For instance, educational institutes around the area include Al Rashidia School, Asma Bint Omais Girls School and Secondary Technical School. Recreational parklands in Sheikh Maktoum Bin Rashid Street include Al Hamidiyah Park and Helio Park. Close by medical institutes in this area include Ajman Specialty Hospital, Specialist Medical Centre, Abdul Aziz Medical Centre and Hessa Medical Clinic.