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Investment Opportunity | Rented Studio | AED 29,000
Studio Apartment for Sale in Garden Residence – AjmanInvestment Opportunity | Rented Studio | AED 29,000
An excellent opportunity to own a spacious studio apartment in Garden Residence, featuring a generous area of 645 sq. ft. and an attractive payment plan. The unit is currently rented for AED 29,000 annually, making it an option worth considering for investors seeking a property with existing rental income.
With a down payment of AED 261,788 and a remaining balance of AED 103,212, buyers can benefit from a structured payment plan with monthly installments over the remaining 36 months.
Property DetailsProject: Garden Residence
Property Type: Studio Apartment
Size: 645 sq. ft.
Total Selling Price: AED 365,000
Current Rental Income: AED 29,000 per year
Occupancy Status: Rented
Payment PlanDown Payment: AED 261,788
Remaining Balance: AED 103,212
Monthly Installment: AED 2,867
Remaining Installment Period: 36 Months
Investment Highlights
Rental Income OverviewThe stated annual rent of AED 29,000 represents approximately 7.95% of the selling price before service charges, maintenance, vacancy periods, and other applicable expenses. Actual returns will depend on the rental agreement and ongoing property costs.
Asking Price: AED 365,000
For more information or to discuss this investment opportunity, please contact us.
Shine World Properties
AJRE 2087
An excellent opportunity to own a spacious studio apartment in Garden Residence, featuring a generous area of 645 sq. ft. and an attractive payment plan. The unit is currently rented for AED 29,000 annually, making it an option worth considering for investors seeking a property with existing rental income.
With a down payment of AED 261,788 and a remaining balance of AED 103,212, buyers can benefit from a structured payment plan with monthly installments over the remaining 36 months.
Property DetailsProject: Garden Residence
Property Type: Studio Apartment
Size: 645 sq. ft.
Total Selling Price: AED 365,000
Current Rental Income: AED 29,000 per year
Occupancy Status: Rented
Payment PlanDown Payment: AED 261,788
Remaining Balance: AED 103,212
Monthly Installment: AED 2,867
Remaining Installment Period: 36 Months
Investment Highlights
- Spacious studio apartment with an area of 645 sq. ft.
- Currently rented for AED 29,000 annually.
- Total selling price of AED 365,000.
- Down payment of AED 261,788.
- Remaining balance payable through monthly installments.
- Suitable for investors looking for a property with an existing tenant and potential rental income.
Rental Income OverviewThe stated annual rent of AED 29,000 represents approximately 7.95% of the selling price before service charges, maintenance, vacancy periods, and other applicable expenses. Actual returns will depend on the rental agreement and ongoing property costs.
Asking Price: AED 365,000
For more information or to discuss this investment opportunity, please contact us.
Shine World Properties
AJRE 2087
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - 105972-uRAeNa
- CompletionReady
- FurnishingUnfurnished
- Average Rent
- Added on13 October 2026
Validated Information
Mortgage
Calculate and view the monthly mortgage on this apartment
Building Information
Features / Amenities
Balcony or Terrace
Parking Spaces: 1
Swimming Pool
Electricity Backup
+ 21 more amenities
