663,408
Own this from just
2,729 AED/monthProperty details
Listed
2 hours ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
2 Baths
Furnishing
Unfurnished
Area
1,263 ft²
Price per area
AED525/ft²
Available from
4 Oct 2026
Upgraded
Yes
Ready-to-Invest Property with AED 41,500 Return &
• **Layout:** Spacious living room + Master bedroom
• **Bathrooms:** 2
• **Area:** 1,263 sq. ft.
• **Kitchen:** Closed and functional
• **Storage:** Built-in wardrobes in the bedroom
• **Balcony:** Direct, distinctive view of the Clock Tower
• **Parking:** Dedicated parking space for the apartment
• **Finishes:** High-end and modern
**Investment Status:**
The apartment is **leased annually for AED 41,500**, with the lease contract expiring on **October 31, 2026**. This offers the buyer the benefit of immediate rental income, with the opportunity to assess the return on investment based on the purchase price and acquisition costs. **Financial Details:**
• Down Payment: **AED 330,000**
• Remaining Balance: **AED 333,408**
• Monthly Installment: **AED 6,808**
• Total Price: **AED 663,408**
• Registration Fees: **2%**
• NOC Fee: **AED 1,575**
The apartment features a spacious layout and a practical design that makes furnishing and maximizing the use of every area easy. Additionally, the balcony—offering a direct view of the Clock Tower—adds significant value to both the living experience and the investment potential.
If you are looking for a unit with **generous space, private parking, and an existing tenancy**, contact us to arrange a viewing and get full details on the deal.
Amenities
Unfurnished
Built in Wardrobes
Balcony
Covered Parking
Location

About Gulfa Towers
Learn moreGulfa Towers in Al Rashidiya offers 1 Bedroom To 3 Bedrooms properties averaging 1,100 - 2,950 sqft. It currently has 312 active sale listings.
- Properties Listed312
- Price range506K - 1.6M
Price Insights
This property costs 23% more than the average price of 1 bedroom in Al Rashidiya
Average Sale Price is 540,609 AED
This property is 17% bigger than the average size of 1 bedroom in Al Rashidiya
Average size is 1,078 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Rashidiya
Provided by
Hadramout real estate
See agency properties (624)Response time
within 15 minutes
Experience
5 years
Closed Deals
1
Languages
English, Arabic, Urdu
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
2,729 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
1296
Listed
2 hours ago
Broker License
70815
Agent License
70815
Own this property from just
2,729 AED /month
Fixed rates from: 3.75%
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