Appartement à Al Nuaimiya，Al Nuaimiya 3, 1 chambre, 377000 AED - 16818012

Own an apartment in City Tower, Ajman, and capitalize on a unique investment opportunity that combines a prime location with existing rental income. Ownership is available through a down payment and monthly installments.

Spacious 1-bedroom apartment with a living area
Apartment size: 865 sq. ft.
Kitchen
2 Bathrooms
Balcony
Private parking
Currently rented on a monthly basis at AED 3,500

Financial Details:
Total Price: AED 377,236
Down Payment: AED 185,000
Remaining Balance: AED 192,236
Monthly Installment: AED 3,497

The apartment is currently leased at AED 3,500 per month (equivalent to AED 42,000 annually if the rate remains constant), providing the buyer with immediate rental income.
Based on the total price, the theoretical gross rental yield is approximately 11.1% per annum (before deducting service charges, maintenance fees, and other expenses); buyers should verify the actual lease agreement and income continuity.

The towers are situated in a prime Ajman location with easy access to major roads, commercial districts, and daily amenities, making this an excellent choice for both residence and investment—particularly for those seeking a property that is already tenanted.
Don't miss this opportunity! Contact us for details regarding installments, the remaining balance, and the lease agreement, or to schedule a viewing of the apartment.