490,000
Own this from just
2,015 AED/monthProperty details
Listed
1 hour ago
Property Type
Apartment
Bedrooms
2 Beds
Bathrooms
2 Baths
Furnishing
Unfurnished
Area
1,649 ft²
Price per area
AED297/ft²
Available from
21 Oct 2026
APARTMENT FOR SALE IN CITY TOWER B5, CITY TOWERShere is a structured breakdown and analysis of this City Towers 2-bedroom listing, highlighting its financial layout and investment potential:
Financial Breakdown
Total Investment Price: AED 490,000
Upfront Cost (Down Payment): AED 220,000
Remaining Balance: AED 270,000
Payment Terms: AED 4,450 / month over 60 months (5 years)
Current Rental Income: AED 42,000 / year (Contract ending January 2027)
Quick Financial Return Analysis
Annual Rental Coverage: At AED 42,000 per year, the rent breaks down to about AED 3,500 per month.
Installment vs. Rent Gap: Your monthly installment is AED 4,450, meaning the current rental income covers a vast majority of the installment, leaving a small out-of-pocket difference of roughly AED 950 per month until the contract renews or expires in January 2027.
Rental Re-pricing Potential: Upon renewal or a new tenant contract in January 2027, there is strong potential to optimize or increase the rent closer to market rates to bridge or entirely eliminate that monthly gap.
Property Snapshot
Type & Layout: 2 Bedrooms, 2 Bathrooms, Open Kitchen, and 2 Balconies with an Inner View
Size: 1,165.57 Sq. Ft.
Conveniences: Parking included, unfurnished, and located in a high-demand family area with easy access to schools, retail, and the Sharjah borde
2BR in City Towers with Payment Plan Rented Unit
Financial Breakdown
Total Investment Price: AED 490,000
Upfront Cost (Down Payment): AED 220,000
Remaining Balance: AED 270,000
Payment Terms: AED 4,450 / month over 60 months (5 years)
Current Rental Income: AED 42,000 / year (Contract ending January 2027)
Quick Financial Return Analysis
Annual Rental Coverage: At AED 42,000 per year, the rent breaks down to about AED 3,500 per month.
Installment vs. Rent Gap: Your monthly installment is AED 4,450, meaning the current rental income covers a vast majority of the installment, leaving a small out-of-pocket difference of roughly AED 950 per month until the contract renews or expires in January 2027.
Rental Re-pricing Potential: Upon renewal or a new tenant contract in January 2027, there is strong potential to optimize or increase the rent closer to market rates to bridge or entirely eliminate that monthly gap.
Property Snapshot
Type & Layout: 2 Bedrooms, 2 Bathrooms, Open Kitchen, and 2 Balconies with an Inner View
Size: 1,165.57 Sq. Ft.
Conveniences: Parking included, unfurnished, and located in a high-demand family area with easy access to schools, retail, and the Sharjah borde
Amenities
Unfurnished
Balcony
Central A/C
Covered Parking
Private Gym
View of Landmark
Vastu-compliant
Location
About City Tower B5
Learn moreCity Tower B5 in Al Nuaimiya offers Studio To 30 Bedrooms properties averaging 565 - 6,400 sqft. It currently has 73 active sale listings.
- Properties Listed73
- Price range175K - 21M
Price Insights
This property costs 16% less than the average price of 2 bedroom in Al Nuaimiya
Average Sale Price is 585,467 AED
This property is 19% bigger than the average size of 2 bedroom in Al Nuaimiya
Average size is 1,380 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Nuaimiya
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DANAT ALDAR REAL ESTATE L.L.C
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within 5 minutes
Languages
English, Arabic
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Monthly payment
2,015 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
7BEX0T2ZYX3E4PS1THJHCHF80R
Listed
1 hour ago
Broker License
139011
Agent License
139011
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DANAT ALDAR REAL ESTATE L.L.C
Own this property from just
2,015 AED /month
Fixed rates from: 3.75%
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