For Sale: Residential Building in Ajman - Rashidiya 2 A great investment opportunity to buy a residential building in Rashidiya 2, Ajman, in a prime
For Sale: Residential Building in Ajman - Rashidiya 2
A great investment opportunity to buy a residential building in Rashidiya 2, Ajman, in a prime location and minutes away from the main amenities. This 6-year-old building features a modern and flexible design, making it an ideal choice for investors looking for a stable and increased return.
Building Details:
• Number of floors: G + 4 floors
• Residential units:
• 17 one-bedroom apartments
• 17 Studio Apartments
• 2 Two-Bedroom Apartment
Current Actual Income:
• AED 730,000 per annum, subject to increase with renewal of existing contracts signed at old rental rates.
Site:
• The building is located in Rashidiya 2, one of the best areas in Ajman, ensuring tenants and investors have easy access to all essential facilities and services.
Investment Opportunity:
• The building is fully leased, providing a stable income to investors with the potential to increase returns upon renewal of contracts. This property is an excellent opportunity to increase profitability thanks to old rental prices.
Price 7,600,000 AED freehold for all nationalities
Invest now in this iconic property and achieve high returns of up to 10% per annum
A great investment opportunity to buy a residential building in Rashidiya 2, Ajman, in a prime location and minutes away from the main amenities. This 6-year-old building features a modern and flexible design, making it an ideal choice for investors looking for a stable and increased return.
Building Details:
• Number of floors: G + 4 floors
• Residential units:
• 17 one-bedroom apartments
• 17 Studio Apartments
• 2 Two-Bedroom Apartment
Current Actual Income:
• AED 730,000 per annum, subject to increase with renewal of existing contracts signed at old rental rates.
Site:
• The building is located in Rashidiya 2, one of the best areas in Ajman, ensuring tenants and investors have easy access to all essential facilities and services.
Investment Opportunity:
• The building is fully leased, providing a stable income to investors with the potential to increase returns upon renewal of contracts. This property is an excellent opportunity to increase profitability thanks to old rental prices.
Price 7,600,000 AED freehold for all nationalities
Invest now in this iconic property and achieve high returns of up to 10% per annum
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 106470-IIn0lX
- CompletionReady
- Average Rent
- Added on26 February 2025
Features / Amenities
Balcony or Terrace
Parking Spaces: 30
Centrally Air-Conditioned
Central Heating
+ 13 more amenities
