Apartment for sale, one bedroom and a hall, City Tower, large area, installments

### **1. Location: Burj Al Madina, Al Nuaimiya 3 - Ajman**
- **Importance of the location:**

A location close to Ajman Police Station, which means a high level of security and easy access to essential services such as markets, schools, and main roads.
- Suitable for both housing and investment due to its proximity to vital areas.

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### **2. Specifications:**
1. **Interior design:**
- **One bedroom and a hall:** Provides comfort for individuals or couples.
- **Two bathrooms:** An excellent addition to a one-bedroom apartment, providing privacy and ease for residents.
- **Fully furnished:** A major feature that saves money and time for the buyer or tenant.

2. **Area:**
- **855 square feet:** It is a good area for a one-bedroom apartment and a hall, with enough space to distribute furniture comfortably.

3. **View:**
- **Full view:** Adds aesthetic value to the apartment, especially if it overlooks attractive or open views.

4. **Parking:**
- **Covered parking:** An important feature, especially in a crowded area, which increases the level of comfort and overall value.

5. **Electricity and air conditioning:**
- Government electricity and central air conditioning, which means stable and efficient services, but **Air conditioning is not included in the price,** and may require additional costs for operation or maintenance.

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### **3. Financial details:**
1. **Total price:**
- **397,775 dirhams:** Fits the current real estate market for the area and location.

2. **Down payment:**
- **169,000 dirhams (about 42% of the total price):** A strong down payment that reduces the remaining financial burden.

3. **Monthly installment:**
- **3,739 dirhams per month:** A relatively affordable amount, but you must make sure of the number of remaining installments (payment period).

4. **Remaining balance after down payment:**
- **AED 228,775:** Payable in monthly installments, making it a suitable option for buyers who want to pay in installments.

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### **4. Strengths:**
1. **Readiness to live in:**
- Being fully furnished, it can be used directly for living or renting.

2. **Excellent specifications:**
- Central air conditioning, covered parking, and two bathrooms make the apartment comfortable and attractive.

3. **Rentability:**
- Thanks to the location and features, the apartment can be easily rented, with a potential annual rental income ranging from **AED 25,000 - 30,000.**

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### **5. Points to review:**
1. **Air conditioning not included:**
- The cost of operating and maintaining the central air conditioning must be verified.

2. **Instalment Term:**
- Check the number of months or years remaining to pay the monthly installments.

3. **Additional Services:**
- Check the costs of shared services, such as maintenance fees or utility fees.

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### **6. Tips:**
1. **Visit the Property:**
- Inspect the apartment to ensure its actual condition, quality of furniture, and the stated view.

2. **Review Legal Documents:**
- Make sure you have all the necessary documents, including the title deed and payment terms.

3. **Negotiation:**
- You may be able to reduce the total price or monthly installments.

4. **Market Comparison:**
- Compare the price with similar apartments in the area to ensure the price is reasonable.

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### **Conclusion:**
This apartment represents a good opportunity for either living or investment. The size, furnishings, location, and features such as covered parking make it a great choice. However, you should check the air conditioning details and installment terms before making a final decision.

Property details

Property Type

Apartment

Property Size

855 sqft / 79 sqm

Bedrooms

Bathrooms