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429,000

Own this from just

1,764 AED/month

Property details

Listed

1 hour ago

Property Type

Apartment

Bedrooms

Studio

Bathrooms

1 Bath

Furnishing

Unfurnished

Area

560 ft²

Price per area

AED766/ft²

Available from

30 Nov 2027


APARTMENT FOR SALE IN AL GHOROUB TOWER, AL ALIA

Ready Investment Opportunity with Existing Rental

Ready Investment Opportunity with Existing Rental Income

A strong investment opportunity in Al Ghuroob Tower, Al Alia, Ajman, offering a ready studio with an existing tenant and immediate rental income.

The property is a well-designed 560 sq. ft. studio suitable for investors looking for a stable income-generating asset or buyers seeking a practical residential unit in a strategically located area.

The total property price is AED 429,612, with an initial payment of AED 169,000 and a monthly installment of AED 3,778. The remaining balance is AED 260,612, payable over approximately 69 months, equivalent to around 5 years and 9 months.

The key investment advantage is that the unit is currently rented until November 2027, generating annual rental income of AED 19,000. This allows the new owner to benefit from an existing rental contract without the usual waiting period required to find a tenant.

Al Ghuroob Tower is strategically positioned directly on Sheikh Mohammed Bin Zayed Road, providing convenient connectivity to Dubai, Sharjah and major surrounding destinations. The property is also approximately 20 minutes from Sharjah International Airport, making the location highly accessible for residents and tenants.

Investment Advantages

The combination of an existing tenancy, immediate rental income, flexible monthly installments and a strategic location makes this property particularly attractive to investors looking for a ready income-producing asset.

The 560 sq. ft. layout provides practical living space, while the building offers essential amenities including a swimming pool and parking facilities.

Located in a growing area of Ajman, the property benefits from continued residential development and convenient access to major road networks.

For investors seeking a property that already generates rental income while offering a structured payment plan, this studio presents a practical opportunity to enter or expand within Ajman's real estate market.

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Amenities

Unfurnished

Balcony

Central A/C

Covered Parking

Pets Allowed

Security

Concierge

Maid Service

View of Landmark

Lobby in Building


Location

Map preview
Al Ghoroub Tower

About Al Ghoroub Tower

Learn more

Al Ghoroub Tower in Al Alia offers Studio To 2 Bedrooms properties averaging 530 - 38,750 sqft. It currently has 76 active sale listings.

  • Properties Listed76
  • Price range380K - 27.5M

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Price Insights

This property costs 11% more than the average price of studio bedroom in Al Alia

Average Sale Price is 388,026 AED

This property is 1% smaller than the average size of studio bedroom in Al Alia

Average size is 568 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Alia

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Agent Mahmoud Yousef

Mahmoud Yousef

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FREE WAY REAL ESTATE L.L.C

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Experience

8 years

Languages

English, Arabic

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Monthly payment

1,764 AED

with interest rate of

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Regulatory information
Regulatory information

Reference

st002

Listed

1 hour ago

Broker License

135159

Agent License

3076

Agent Mahmoud Yousef

Mahmoud Yousef

No ratings

Usually responds within 30 minutes

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1,764 AED /month

Fixed rates from: 3.75%

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