Appartement in Al Rashidiya，Al Rashidiya 1，Gulfa Towers, 1 slaapkamer, 590000 AED - 16389170

An excellent opportunity to own a 1-bedroom apartment in Gulfa Towers, Block B, offering an attractive purchase price combined with an existing rental income. The property is currently rented, making it a suitable option for buyers looking for an income-generating property with an ongoing payment structure.

Building: Gulfa Towers – Block B
Series: 07 Series
Property Type: 1-Bedroom Apartment
Selling Price: AED 590,000
Status: Currently Rented
Tenancy Expiry: 04/02/2027
Current Annual Rent: AED 42,000
Payment: 6 Cheques

Payment Details

Down Payment: AED 252,793
Installments Paid Until: 17/12/2026
Outstanding Balance: AED 337,207
Monthly Installment: AED 6,484
The owner settles the installment with the developer every 4 months.

Investment HighlightsThis property offers the advantage of existing rental income, allowing the buyer to acquire an apartment that is already generating AED 42,000 annually. With a structured outstanding balance and regular developer installments, the property provides a practical ownership arrangement for buyers seeking an investment opportunity in Gulfa Towers.

The apartment is located in Block B, 07 Series, within a well-established residential development in Ajman. Its current tenancy provides immediate rental continuity until February 2027.

Key Reasons to Consider Attractive asking price of AED 590,000
1-bedroom apartment in Gulfa Towers
Currently rented for AED 42,000
Tenancy valid until 04/02/2027
6-cheque rental payment arrangement
Down payment of AED 252,793
Balance of AED 337,207
Monthly developer installment of AED 6,484
Installments already paid until 17/12/2026
Suitable for investors looking for an income-generating property

For further details, payment schedule, or to arrange a viewing, contact us today.