An apartment rented out annually for 32,000, located on Sheikh Mohammed bin Zayed Road.

Apartment for Sale: 1-Bedroom + Living Room in Kentia – Al Zahia, Ajman

An excellent investment opportunity in the Kentia project, located in the Al Zahia area of Ajman. This ready-to-occupy apartment comes with an existing rental income and full amenities, including a swimming pool, a gym, and a dedicated parking space. It also features an open view and a balcony.

Apartment Specifications:

1 bedroom + living room

2 bathrooms

Balcony with an open view

Dedicated parking space

Access to a gym and swimming pool

Project is fully completed

Financial Details:

Total Price: AED 506,000

Amount Due Now: AED 199,605

Remaining Balance: AED 306,395

Remaining Installments: 39 payments (via cheques)

Monthly Installment Amount: AED 7,853

Investment Return:

The apartment is currently rented out for AED 32,000 per year.

Rental income begins from the very first day following the transfer of ownership, in accordance with the terms of the existing lease agreement.

Fees:

Ownership Transfer Fee: 2%

No-Objection Certificate (NOC) Fee: AED 4,200

An ideal opportunity for those looking to invest in real estate or own a property in a completed project with full amenities and a prime location in Al Zahia.

For further details and inquiries, please get in touch.