Studio for sale in Al Nuaimiya Towers C – freehold for all nationalities, 565 sq. ft. , includes a balcony and window, comes with a parking space

Studio for Sale in Al Nuaimia Towers – Tower C | Tenanted with an Attractive Investment Yield

An excellent opportunity for ownership and investment in Al Nuaimia Towers – Tower C, Ajman. This spacious 565-square-foot studio features a practical layout, including a balcony, a window, and an open-plan kitchen. A private parking space is also included in the price.

Studio Details:
- Size: 565 sq. ft.
- Price: AED 250,000.
- Spacious studio with a functional design.
- Includes a balcony and a window.
- Open-plan kitchen.
- Private parking space included.
- Currently tenanted with an annual contract of AED 18,500.

Tower and Location Highlights:

Al Nuaimia Towers are located in the heart of Ajman, boasting a strategic position close to all daily services and amenities. Key features include:

- On-site gym.
- Retail outlets and essential services located at the base of the tower.
- Convenient access to routes toward Sharjah and Dubai, facilitating travel between the emirates.
- Just two minutes away from public transport links.
- Proximity to Al Hikma School.
- Close to Thumbay Hospital.
- Surrounded by a variety of restaurants, supermarkets, and retail shops.

An Exceptional Investment Opportunity:

The studio is currently tenanted at AED 18,500 per year, providing immediate rental income for the buyer. This represents a gross annual rental yield of approximately 7.4% of the property’s value (before deducting service charges and other expenses). This property is suitable for investors seeking rental income, as well as for those looking to own a home in a vibrant area close to all amenities, with the added benefit of a private parking space.

Price: 250,000 AED, including a parking space.