A unique investment opportunity for sale in the Emirate of Ajman, a studio apartment within Al Nuaimiya Towers C, in a prime location in the heart of
A prime investment opportunity for sale in Ajman: a studio apartment in Al Nuaimiya Towers C, located in the heart of Al Nuaimiya, a highly sought-after residential and investment area due to its proximity to all services and easy access to Dubai and Sharjah.
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This 590 sq ft studio boasts a practical design that maximizes space, featuring a kitchen and bathroom with high-quality finishes, making it suitable for individual living or renting. Situated on the 13th floor, it offers excellent views and natural ventilation throughout the day.
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A key advantage is the availability of a private parking space, a significant benefit that enhances the property's value and increases demand from ....both tenants and landlords, especially in a vibrant area like Al Nuaimiya.
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The studio is currently rented on an annual contract with a yield of AED 20,000, providing the buyer with immediate income. This yield could potentially increase to AED 22,000 annually with market improvements and increased demand. The expected monthly rent is AED 3,400, a strong ....indicator of the investment potential of this unit.
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The current lease expires at the end of the year, giving the new owner the option to renew at a higher rate or use the unit for their own residence. Personal considerations add significant flexibility to the decision-making process.
The location is one of the most important factors that distinguishes this property. It is situated in an area close to malls, restaurants, schools, and public transportation, in addition to its proximity to Al Ittihad Street, facilitating daily commutes to various emirates.
The asking price of AED 285,000 is very reasonable considering the location, specifications, and expected return on investment, making this an ideal opportunity for investors or first-time homebuyers.
If you are looking for a secure investment with a stable and growing return in one of Ajman's prime areas, this studio is a wise choice and well worth viewing.
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