Horizon Towers is a residential complex located in Al Rashidiya 1 in Ajman. It consists of several high-rise towers and is known for its central location in the city. The area is close to Sheikh Khalifa Street (Al Ittihad Street), which connects Ajman with Sharjah and Dubai. It is also near important places such as Ajman City Centre, Ajman Corniche, schools, hospitals, restaurants, and supermarkets.
The apartment described is a one-bedroom apartment with a living room, with a total area of 1,438 square feet, which is considered a large size for this type of apartment. It typically includes one spacious bedroom, a large living room, a separate kitchen, two bathrooms, and a balcony with an open outside view, providing comfortable living space.
Horizon Towers offers basic residential facilities such as 24-hour security, elevators, parking spaces, and ground-floor shops. The surrounding area also provides easy access to daily services and public transportation.
In terms of prices, one-bedroom apartments in Horizon Towers usually sell for around AED 230,000 to AED 350,000, depending on the floor, view, and condition of the apartment. The annual rent typically ranges from AED 30,000 to AED 38,000. Because of the relatively affordable prices and consistent rental demand, the property can provide a rental return of about 8% to 11% per year, making it a reasonable investment option