Appartement in Emirates City, 1 slaapkamer, 310000 AED - 16615370

Excellent Investment Opportunity in Emirates City – Ajman!
1-Bedroom Apartment for Sale – AED 310,000 Only
Currently rented with an existing annual rental income of AED 26,000!
Property Details:
1 Bedroom + Living Room
2 Bathrooms
Closed Kitchen
Dedicated Parking Space
7th Floor
Size: 956 sq. ft.
Direct View of Sheikh Khalifa Street
Rental Details:
Currently rented for AED 26,000 per year – paid in one payment
Tenancy contract expires at the end of November
Potential for a rental increase upon the next renewal, subject to market conditions and agreement between the parties.
Asking Price: AED 310,000
Price is negotiable for serious buyers
For Investors:
At an asking price of AED 310,000 and current annual rent of AED 26,000, the approximate gross rental yield is 8.4%, before expenses and fees.
A great opportunity for investors looking for an income-generating property with an existing tenant, excellent size, and convenient access to essential services and amenities.
For more details or to arrange a viewing, contact us via private message.