A prime investment opportunity in Al Rashidiya 3, Ajman.
A mixed-use residential/commercial building (ground floor + 4 floors) in a strategic corner location, just one block from the old traffic road. The building is in excellent condition and relatively new (only 5 years old), ensuring consistent occupancy and minimal maintenance costs.
Property Specifications:
Location: Al Rashidiya 3 (second block from the old traffic road).
Land Area: 6,465 sq ft (600.7 sq m).
Building Age: Only 5 years.
Status: Fully rented with stable income.
Unit Layout:
8 retail shops (prime location).
24 one-bedroom apartments.
9 spacious studios.
1 large three-bedroom apartment.
Financial Figures:
Annual Income: AED 922,000.
Asking Price: AED 10,000,000