3-Bedroom Apartment for Sale in Gulfa Towers Ajman, 2,087 Sq Ft, Currently Rented

An attractive property investment opportunity in Gulfa Towers, Ajman. This spacious apartment features three bedrooms and a living room, with a total area of 2,087 square feet. Its generous size makes it worth considering for buyers looking for a spacious residential property or investors interested in a unit that is already rented.
The apartment is currently rented for AED 8,000 per month, offering the potential to continue receiving rental income subject to the existing tenancy agreement and its terms. The required initial payment is AED 670,000, with a remaining balance of AED 430,000, bringing the total asking price to AED 1,100,000.
With three bedrooms, a living room, and a substantial floor area, this apartment offers a practical layout for family living. For investors, the current tenancy may provide an advantage by reducing the need to search for a new tenant immediately after purchase. Buyers should review the tenancy contract, confirm the rent payment schedule, and verify all relevant conditions before completing the transaction.
Based on the current monthly rent of AED 8,000, the calculated annual rental income is AED 96,000 before service charges, maintenance expenses, and other property-related costs. Reviewing these expenses will help determine the property's expected net return and overall suitability as an investment.
The total asking price is AED 1,100,000, with an initial payment of AED 670,000 and a remaining balance of AED 430,000. If you are looking for a spacious apartment in Ajman with an existing rental arrangement, contact us today for further details, clarification of the payment structure, and to arrange a viewing. Verify the outstanding balance and the terms of the proposed payment arrangement before proceeding with the purchase.