Prime Investment Opportunity – Residential & Commercial Building for Sale in Al Rashidiya 1, Ajman
A prime residential and commercial building is available for sale in Al Rashidiya 1 (Mushrif Commercial Area), directly opposite the Fish Market and close to a main road. The strategic location ensures high visibility, easy accessibility, and strong demand for both residential and commercial rentals in the area.
The building consists of Ground Floor + 3 Floors and includes 15 one-bedroom apartments and 1 studio unit, offering a diverse mix of units suitable for different tenants. The land area is 4,200 sq. ft., providing optimal space utilization and potential for future enhancements.
The property currently generates an annual income of AED 243,000, making it a stable and reliable investment for those seeking consistent returns. The asking price is AED 3,500,000, with slight negotiation possible, reflecting excellent value considering the current income and prime location.