Listing summary
A unique investment opportunity in Ajman Strategically located in Al Rashidiya 3 – one of the most sought-after areas for housing and commercial activity – we offer you a residential/commercial building for sale directly from the owner with a high annual return. Property Details: Location: Al Rashidiya 3, Ajman Use: Residential + Commercial Building Permit: Ground + 6 Floors Land Area: 600 sqm / 6,500 sqft Number of Units: 50 Internal Distribution: 8 Retail Shops 9 Studio Apartments 24 One-Bedroom Apartments 1 Three-Bedroom Apartment 8 Parking Spaces Property Age: Only 4 Years Old - Modern Finishes Fully Leased - No Renovations or Maintenance Required Current Annual Income: AED 922,000 Annual Return Rate: 9.22% Annual Return Rate (ROI): Annual Income = AED 922,000 Asking Price = AED 10,000,000 AED 922,000 x 10,000,000 x 100 = 9.22% / 10,000,000 x 100 = 9.22% Return Rate: 9.22% per annum – a stable investment with a high return. Location: Close to Sheikh Khalifa Street Comprehensive service area Easy access to transportation and shopping centers Asking price: Only AED 10,000,000 Final price - Direct sale from owner For serious inquiries and communication: M. R.…