A prime investment opportunity is available for sale in Ajman, within the Al Rashidiya Towers. This apartment is ideal for investors seeking a ready-to-move-in apartment with a steady rental income and a competitive sale price. The one-bedroom apartment boasts a spacious 1180 square feet, providing comfortable living space and making it perfect for small families or individuals looking for a well-sized unit.

The apartment comprises a bedroom, a living room, and two bathrooms – a practical and sought-after layout in the rental market. The bedroom offers ample privacy, while the living room provides additional space for entertaining and socializing. The two bathrooms are an added bonus, enhancing the apartment's appeal to potential tenants.

The apartment is being sold unfurnished, giving the buyer the freedom to customize and furnish it to their liking, whether for personal use or future rental. The absence of furniture in the sale price allows the buyer to choose the furnishing level that best suits their budget and needs.

One of the key advantages of this opportunity is that the apartment is currently rented with an annual contract for AED 30,000. Therefore, the investor can benefit from existing rental income after the purchase is finalized, subject to the contract terms and the transfer of ownership date. Having an existing tenant provides a significant advantage for investors who want to generate income from the property rather than purchasing a vacant unit and starting the search for a tenant from scratch.

The asking price is AED 300,000 cash, a clear and suitable price for those seeking an investment opportunity in Ajman. Based on the current annual rental income of AED 30,000, the theoretical total return on the purchase price is approximately 10% per annum before deducting service charges, maintenance fees, and any other property-related costs.

This percentage is a major strength of the opportunity, as the unit combines a purchase price of AED 300,000

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