Luxury 2 Bedroom Apartment for Sale in City Tower – Ajman | Fully Furnished | 12.69% Investment Return | Monthly Installment AED 4,402

Luxury 2 Bedroom Apartment for Sale in City Tower – Ajman | Fully Furnished | 12.69% Investment Return | Monthly Installment AED 4,402A great investment opportunity in City Tower, Ajman. A luxury 2-bedroom apartment, fully furnished with high-end custom-designed furniture, currently rented under a long-term tenancy contract, generating an annual rental income of AED 66,000, with dedicated covered parking.
Apartment Details
2 Bedrooms
2 Modern Bathrooms
Open Kitchen
View
Approximate Area: 1,160 Sq. Ft.
Fully Furnished with Luxury Custom-Made Furniture
Dedicated Private Covered Parking
Investment Details
Currently Rented Under a Long-Term Tenancy Contract
Monthly Rental Income: AED 5,500
Annual Rental Income: AED 66,000
Gross Rental Yield: Approximately 12.69%
Price and Payment Details
Asking Price: AED 520,000
Slightly Negotiable for Serious Cash Buyers
Developer Monthly Installment (Aqaar): AED 4,402
Required Payment to Owner as Down Payment and Equity: Approximately AED 260,400, subject to the remaining balance with the developer.
Cash Flow Advantage
Monthly Rental Income: AED 5,500
Monthly Developer Installment: AED 4,402