Prime Investment Opportunity – Residential Building for Sale in Al Rawda 3, Ajman
A well-located residential building is available for sale in Al Rawda 3, Ajman, situated on an asphalt street with easy access and in close proximity to all essential services and Al Abaya Roundabout. This strategic location ensures high rental demand and excellent visibility, making it a solid investment for long-term income.
The building consists of 10 apartments, including 6 units with 2 bedrooms, a living room, and a bathroom, and 4 units with 1 bedroom, a living room, and a bathroom, offering a diverse mix of units suitable for various tenants. The land area is 3,600 sq. ft., with a built-up area of 8,100 sq. ft., designed efficiently to maximize usable space.
The property is 14 years old and is in good condition, generating an annual income of AED 299,600, providing a stable and consistent cash flow. The asking price is AED 3,000,000, with slight negotiation possible,