Spacious 1-BHK Apartment for Sale in Lake Tower C4, Emirates City, Ajman – High Yield Investment Opportunity

An ideal high-yield investment opportunity available in Lake Tower C4, Emirates City, Ajman. Situated on the 7th floor, this spacious 956 sq. ft. 1-bedroom apartment features a closed kitchen layout, dedicated parking space, and comfortable living areas. The property is currently rented for AED 26,000/year in 1 cheque (lease expiring late November), providing immediate rental income (~8.39% Gross ROI) with strong potential for rent increase upon upcoming renewal. Offered at AED 310,000, open to reasonable negotiation for serious buyers.
Property Specifications & Financial Terms:

Property Type: Residential Apartment (1 BHK)
Building / Location: Lake Tower C4, Emirates City, Ajman
Floor Level: 7th Floor
Total Area: 956 Sq. Ft.
Layout: 1 Bedroom + Living Room + Closed Kitchen + Parking
Current Occupancy: Rented at AED 26,000 / year (1 Cheque, Lease ends late November)
Investment Potential: Strong upside on upcoming rental renewal (~8.39% current gross yield)
Asking Price: AED 310,000 (Negotiable for serious buyers)
Key Features: Generous 956 sq. ft. floor plan, closed kitchen layout, dedicated parking space, immediate rental return