505,000
Own this from just
2,077 AED/monthnvestment Opportunity for Sale – City Tower
We present a great residential investment opportunity in the well-known **City Tower C1**, located on the **4th floor**, Apartment No. **404**, with a total area of **1,200 sq. ft.**. The apartment is designed for comfortable modern living, making it ideal for both end-users and investors.
The property consists of **2 bedrooms and a spacious living room**, a **closed kitchen**, **2 bathrooms**, and **1 balcony**, offering a practical layout with well-utilized space and good natural light.
From a financial perspective, the total property value is **AED 505,000**. An initial payment of **AED 218,014** has already been made, leaving a remaining balance of **AED 286,986**, which is payable over **63 monthly installments**. The monthly installment is **AED 4,558**, with the next payment due on **30/04/2026**, providing a clear and structured payment plan.
This unit is currently a **strong investment asset**, as it is already **rented on a new annual contract starting from 03/03/2026**, with a yearly rent of **AED 40,000**, ensuring immediate rental income for the buyer.
Regarding rental payments, the tenant issues **10 cheques annually totaling AED 34,000**, with monthly cheques of **AED 3,400**, and the first cheque collection date starting on **03/05/2026**, ensuring a consistent cash flow.
This property represents an excellent opportunity for investors seeking **stable rental income combined with flexible payment terms**, in a modern residential tower offering essential facilities, security, and maintenance services.
For more details or to arrange a viewing, please feel free to contact us.
Property details
Property Type
Apartment
Property Size
0 sqft / 0 sqm
Bedrooms
2
Bathrooms
2
Available from
27 Apr 2026
Amenities
Unfurnished
Balcony
Kitchen Appliances
Covered Parking
Vastu-compliant
Shared Gym
Location

Price Insights
This property costs 20% less than the average price of 2 bedroom in Al Nuaimiya
Average Sale Price is 630,269 AED
This property is 100% smaller than the average size of 2 bedroom in Al Nuaimiya
Average size is 1,411 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Nuaimiya
Provided by
New House Properties L.L.C
See agency properties (758)Response time
within 15 minutes
Experience
2 years
Languages
Arabic
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
2,077 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
S6VPNHKBWRQYBDDCV1V6M54R6G
Listed
1 hour ago
Broker License
122925
Agent License
2466
Own this property from just
2,077 AED /month
Fixed rates from: 3.75%
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