For Sale – 1 Bedroom Apartment in Lilies Tower, Emirates City, Ajman

For Sale – 1 Bedroom Apartment in Lilies Tower, Emirates City, Ajman
Location: Lilies Tower – Emirates City, Ajman
Property Type: 1 Bedroom + Living Room with Parking
Size: Approximately 974 sq. ft.
Floor: Abov 30
Final Price: AED 305,000
Current Status: The apartment is currently rented for AED 18,000 per year until December 2026.
Note: The current rent is below market value because the tenant has been staying in the apartment for a long time.
After the current tenancy ends: The owner may, subject to the applicable legal procedures, serve the required notice to vacate. After that, the apartment may be rented at an estimated market rent of around AED 28,000 – 30,000 per year, depending on market conditions and the unit's condition.
Parking Included
A suitable investment opportunity with an existing tenant and potential for higher rental income after the current tenancy ends.