Appartement in Emirates City, 1 slaapkamer, 310000 AED - 16984329

1-Bedroom Apartment for Sale in Emirates City – Ajman

1-bedroom apartment for sale in Emirates City – Ajman.
Asking price: AED 310,000 only! Price is negotiable for serious buyers.

1 bedroom and a spacious living room.
2 bathrooms.
Closed kitchen.
Private parking space.
7th floor.
Area: 956 square feet.
Direct view of Sheikh Khalifa Street.
An investment opportunity with an existing rental income! The apartment is currently tenanted at AED 26,000 per year (paid in a single installment). The lease agreement expires at the end of November, offering the buyer the benefit of immediate rental income, with the potential to adjust the rent upon renewal based on current market rates and an agreement with the tenant.

Sale price: AED 310,000.
Current annual rental income: AED 26,000.
Approximate gross rental yield: 8.39% per annum (before accounting for service charges, maintenance fees, and other expenses).

Spacious layout and functional design.
Direct view of Sheikh Khalifa Street.
Located close to key services and amenities.
Ideal for investors seeking existing rental income, or for those looking to purchase for personal use (subject to lease termination or renewal terms).

Don’t miss this opportunity to own a property at an attractive price with an excellent rental yield in Emirates City!