AED 546,000

Own this from just

2,246 AED/month
2 Bedrooms
2 Bathrooms
1,500 sqft / 139 sqm
APARTMENT FOR SALE IN AL NAEMIYA TOWER 2, AL NAEMIYA TOWERS

Two rooms and a hall for sale in City Towers,

### Financial Analysis of a Property in City Towers Al Nuaimiya 2

City Towers in Al Nuaimiya 2 are a distinct residential option that offers numerous advantages to both tenants and investors. In this article, we will conduct a comprehensive financial analysis of a specific property in these towers, focusing on the financial aspects and associated costs.

#### Property Details

- **Property Price**: AED 180,000
- **Number of Installments Paid**: 15
- **Number of Remaining Installments**: 81
- **Monthly Installment Amount**: AED 4,527
- **Remaining Amount**: AED 366,687
- **Current Rent**: AED 6,200
- **Arrears Status**: No arrears
- **Maintenance Fees**: Paid
- **Additional Benefits**: Free lifetime parking and central air conditioning

#### Financial Analysis

Looking at the property details, we see that the total remaining payment is AED 366,687. This amount will cover the remaining 81 installments. If we calculate the total remaining installments:

This means that the calculations match, indicating the accuracy of the financial information provided.

This return is considered very good in the real estate market, making the property an attractive option for investors.

#### Additional Costs

In addition to monthly installments, investors must factor in additional costs such as maintenance fees. However, in this case, maintenance fees were paid upfront, saving the tenant an additional burden.

Property details

Property Type

Apartment

Property Size

1,500 sqft / 139 sqm

Bedrooms

2

Bathrooms

2

Available from

10 Mar 2025


Amenities

Central A/C

Balcony

Security

Maid Service


Location

Map preview
Al Naemiya Tower 2
Residential Insights

Price Range:

170K-13M AED
Al Nuaimiya
Community Insights
3.5/56 building reviews

Price Range:

135K-47M AED

Price Insights

This property costs 12% less than the average price of 2 bedroom in Al Nuaimiya

Average Sale Price is 621,678 AED

This property is 9% bigger than the average size of 2 bedroom in Al Nuaimiya

Average size is 1,371 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

Mohamed Said

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EVAGE REAL ESTATE SPS.LLC

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Experience

8 years

Languages

English, Arabic

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300,000 AED35,000,000 AED
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109,200 AED436,800 AED
1 year25 years

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Monthly payment

2,246 AED

with interest rate of

3.75%

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Reference

evage-real-estate-13210555

Listed

7 hours ago

Broker License

126058

Own this property from just

2,246 AED /month

Fixed rates from: 3.75%

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