1-Bedroom Apartment for Sale in City Tower, Ajman | Investment Opportunity

An excellent opportunity to own a one-bedroom apartment in City Tower, Ajman, offered at a cash price of AED 320,000, including a parking space. This property is an attractive option for investors looking for a residential unit that generates annual rental income. The apartment is currently rented for AED 28,000 per year, allowing the new owner to benefit from the existing tenancy agreement, subject to its terms and conditions. City Tower is a residential development in Ajman, offering convenient access to essential services, shopping facilities, restaurants, and major roads. Combining an affordable purchase price, an existing rental income, and dedicated parking, this property presents a practical investment opportunity in Ajman's real estate market. With an annual rental income of AED 28,000 and a cash purchase price of AED 320,000, the apartment offers an approximate gross rental yield of 8.75% per year, before service charges, maintenance, and other applicable expenses. An ideal choice for buyers seeking a ready-to-rent property with an established income stream in Ajman