Appartement à Al Nuaimiya，Al Nuaimiya 3, 1 chambre, 367000 AED - 16487172

Resale of a 1-Bedroom Apartment in City Tower – Ajman

A strong investment opportunity at an attractive price, requiring a down payment of only AED 175,000. It comes with an existing monthly rental income of AED 3,500 (AED 42,000 annually).

Investment Highlights:

Annual Rental Income: AED 42,000
Monthly Income: AED 3,500
Approximate Gross Rental Yield: 11.44% per annum
Down Payment: AED 175,000
Remaining Balance: AED 192,236
Monthly Installment: AED 3,497
Private Parking
Currently Rented
Area: 865 sq. ft.

Apartment Specifications:

1 Bedroom + Living Room
2 Bathrooms
Balcony
Kitchen
Spacious and comfortable layout
Private parking space

Financial Details:

Total Price: AED 367,236
Down Payment: AED 175,000
Remaining Balance: AED 192,236
Monthly Installment: AED 3,497

This opportunity stands out due to the existing tenant and established annual rental income, making it ideal for investors seeking a property that generates revenue from day one, with a relatively low down payment compared to the total property value.

Additional Fees:
Registration Fee: 2%
NOC Fee: AED 1,575
Commission: 2%

For inquiries and to schedule a viewing: