This is a prime investment opportunity to acquire two adjacent plots in the high-demand Al Rashidiya, Ajman area, perfectly poised for massive redevelopment.
Key Investment Highlights
Exceptional Location: Situated in a high-density, established neighborhood (Al Rashidiya 2) with excellent general and local connectivity, ensuring high occupancy rates.
Dual Plots: The offering includes two contiguous plots: Plot No. 25 and Plot No. 27.
Total Area: Each plot measures 557.78 SQM, offering a substantial combined area for a significant structure.
Unmatched Zoning: The land is zoned for a lucrative Residential and Commercial G+8 (Ground + 8 Floors) building, allowing for maximum vertical build-up and diversified income streams.
Immediate Income Stream: Both plots are currently built with old villas and are rented, generating an Expected Annual Income of 36,000 AED per plot. This provides crucial holding income during the planning and demolition phases.
Development Potential: The G+8 height allowance is highly desirable, enabling the construction of numerous apartments and valuable ground-floor retail/commercial space.
Total Asking Price: The combined investment is 3,980,000
Summary for Investors
Secure your future landmark development in a thriving central Ajman locale. This is a rare chance to purchase two adjoining, G+8 permitted plots that offer both immediate rental returns and substantial long