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Shaikh Rashid Building

Shaikh Rashid Building

About the project

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1-2BR Available Units
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Shaikh Rashid Building Al Rigga is a residential development located in the Deira area of Dubai. Properties include two-bedroom apartments that feature two bathrooms, spacious lounge areas, balconies, and kitchens.

Residents can enjoy a variety of amenities, including:

  • High-speed lifts
  • 24-hour security and video surveillance
  • Parking
  • 24-hour concierge services

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Property Information

  • Location Deira, Dubai, UAE
  • Status of Project Ready
  • Type of Project Residential Building
  • Units 1-2BR

Location

Baniyas Square and Union Station Metro Stations are located within a 10-minute walk of the residences, and the nearest bus stops, Baniyas Square 1, Baniyas Road, and Dubai International Hotel, can be reached within a five-minute walk.

Residents can choose from a wide selection of local restaurants and cafés. Sumibiya Korean BBQ and Yum! Asian are situated within a five-minute walk of the complex. Danat Al, Oberoi Cruise Ship, Dhow Cruise Booking, McDonald’s, KFC, and Creek View Restaurant & Café can be reached within a five-minute drive.

For groceries, residents can go to Al Khayam Supermarket, Chothrams, Day to Day Hypermarket Baniyas, and Deira Twin Towers Shopping Centre, which are located within a five-minute walk of the apartments.

Residents can take advantage of nearby schools and medical facilities. Zabeer High School and Circle Time Nursery can be reached within a 10-minute drive of the residences, and Al Tadawi Medical Centre is situated within a five-minute drive.

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Payback

Al Rigga is a large community located in the bustling district of Deira, which is home to many government offices, shopping centres, and retail stores. Residents have easy access to public transportation, including buses and the Metro. It is an ideal place to live for families with children.

Properties in Al Rigga have a return on investment rate of approximately 5.5%. The average rental rate for an apartment at Shaikh Rashid Building is AED 62,000 (USD 17,000), and the estimated payback period for a unit ranges from 15 to 20 years.

*The price is valid for 2021

Contact Us

Metropolitan Premium Properties

  • [email protected]
  • +971 54 321 9259
  • Office 1913, Al Manara Tower,
    Business Bay, Dubai, UAE

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