350,000

Own this from just

1,440 AED/month

Property details

Listed

16 minutes ago

Property Type

Apartment

Bedrooms

1 Bed

Bathrooms

2 Baths

Furnishing

Unfurnished

Area

1,137 ft²

Price per area

AED307/ft²

Available from

9 Nov 2026

Upgraded

Yes


APARTMENT FOR SALE IN CITY TOWER B5, CITY TOWERS

1 Bedroom Apartment for Sale in City Towers Ajman

Discover an excellent real estate investment opportunity with this spacious 1-bedroom apartment for sale in City Towers, Ajman. Offering a generous layout, an existing rental income, and a flexible remaining payment plan, this property is an attractive option for investors and buyers looking to own an income-generating apartment in Ajman.

The apartment is situated on a low floor and offers a total area of 1,137 sq. ft., providing comfortable living space and excellent value. The property also includes a private parking space, fully paid for at a value of AED 30,000, adding further convenience and value to the investment.

**Property Details:**
- Location: City Towers, Ajman, UAE.
- Property Type: 1 Bedroom Apartment.
- Size: 1,137 sq. ft.
- Floor: Low Floor.
- Private Parking Space: Fully Paid.
- Current Status: Rented.

**Rental Income and Investment Potential:**

The apartment is currently rented for AED 28,000 per year, with the existing tenancy contract valid until 9 October 2027. This provides the new owner with an opportunity to acquire an already rented property with an established rental income, subject to the existing tenancy agreement.

Based on the asking price, the approximate gross annual rental yield is 8%, before service charges, maintenance costs, and other applicable expenses.

**Price and Payment Details:**
- Asking Price: AED 350,000.
- Approximate Initial Payment: AED 278,000.
- Outstanding Balance: AED 72,304.
- Remaining Installments: 24 monthly installments.
- Monthly Installment: AED 3,015.

**Why Consider This Property?**

This apartment combines a competitive asking price with a spacious 1,137 sq. ft. layout, fully paid private parking, and an existing rental contract. It is particularly suitable for investors seeking an income-producing property in City Towers Ajman, as well as buyers looking for a property with a manageable remaining installment balance.

The flexible payment structure allows the buyer to pay the approximate initial amou

Amenities

Unfurnished

Balcony

Central A/C

Covered Parking

Kitchen Appliances

Pets Allowed

Security

Concierge

View of Landmark

Lobby in Building


Location

Map preview
City Tower B5

About City Tower B5

Learn more

City Tower B5 in Al Nuaimiya offers Studio To 30 Bedrooms properties averaging 565 - 6,400 sqft. It currently has 89 active sale listings.

  • Properties Listed89
  • Price range230K - 21M

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Price Insights

This property costs 24% less than the average price of 1 bedroom in Al Nuaimiya

Average Sale Price is 458,796 AED

This property is 20% bigger than the average size of 1 bedroom in Al Nuaimiya

Average size is 944 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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Monthly payment

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Regulatory information
Regulatory information

Reference

VC856Q0CHJQDJ119RTD0CRHQS0

Listed

16 minutes ago

Broker License

128320

Agent License

128320

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Darkom Properties

Exclusively on Property Finder

Own this property from just

1,440 AED /month

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