For sale: residential investment building on a main street in Al Rashidiya, Ajman, rented at 9.3% yield, offering a stable income and a strategic location.
Building Details:
Land area: 6,400 sq. ft.
Built-up area: 30,000 sq. ft.
Permit: Ground + 4 floors (G+4)
Number of units: 37 apartments (19 studios + 18 one-bedroom with living room)
1 elevator
1 security room
Age: 6 years
Freehold for all nationalities
Annual income: AED 860,000
The building is ideal for long-term investment with a stable return in a prime location in Ajman.
Price: AED 9,350,000