Appartement in Al Rashidiya，Al Rashidiya 3, 2 slaapkamers, 490000 AED - 16482888

An excellent investment opportunity in City Tower Ajman, offering a spacious apartment with an approximate area of 1,200 sq. ft. and a beautiful direct open view of the Sheikh’s Palace. The property features a practical layout and is suitable for families as well as investors looking for a property with an existing rental income.
The apartment consists of two bedrooms, two bathrooms, a spacious living room, and a dedicated parking space, providing a comfortable and functional living environment. The open view adds an attractive feature to the property and enhances the overall appeal of the apartment.
The apartment is currently rented for AED 35,000 per year, providing the buyer with an existing rental income from day one. The current tenancy contract is scheduled to expire in approximately two months, giving the new owner flexibility once the contract ends, whether to renew the tenancy according to market conditions or use the property for personal residence, subject to applicable regulations.
Property Details:

2 Bedrooms
Living Room
2 Bathrooms
Parking Space
Approx. 1,200 sq. ft.
Direct Open View of Sheikh’s Palace
Currently Rented for AED 35,000 per Year
Tenancy Contract Expires in Approximately 2 Months
Asking Price: AED 490,000 Cash

This property represents an attractive opportunity for investors seeking a ready rental income stream, with potential flexibility to review the rental value upon renewal. It is also suitable for buyers looking for a spacious apartment with an exceptional view in a convenient location in Ajman.
Contact us today for more information or to arrange a viewing.