For sale, a one-bedroom apartment at a very attractive price

1. Location: City Tower Towers
Importance of location:
City Tower Towers are often located in a vibrant area with a modern design, providing residents with easy access to essential facilities such as restaurants, shopping malls, and schools.
If you are looking for an investment, its location increases the attractiveness of the property, especially if it is close to the public transportation network or business centers.
2. Price: AED 320,000
Very attractive:
Compared to similar apartment prices in Dubai or the Emirates in general, this price seems competitive considering the area and location.
Investment advice: It is preferable to check the prices of the surrounding market to ensure that the price is fair, by comparing similar apartments in terms of location and specifications.
3. Area: 757 square feet
Area details:
A good area for a one-bedroom apartment, where furniture can be comfortably distributed with a separate kitchen and a balcony that adds additional value to the apartment.
Suitable for couples or individuals looking for a practical space in a comfortable environment.
4. View: Over the towers
Importance of the view:
Distinctive views enhance the aesthetic value of the property, whether for living or rent. Apartments with good views are more in demand in the market.
5. Design and interior features:
Separate kitchen:
An added bonus, as it provides more privacy compared to open kitchens, which is preferred by some residents.
Balcony:
Provides a comfortable outdoor space to relax or enjoy the view.
6. Annual rent: AED 20,000
Investment returns:
The apartment is currently leased, which means you will get an immediate return on investment upon purchase.
Revenue calculation:
If you were to buy the apartment for AED 320,000, the annual return (rent) would be around 6.25%, which is a good return compared to real estate standards.
Check the terms of the current lease and its validity period.
7. Floor: Middle
The advantage of the middle floor:
It offers a combination of comfort (away from ground noise) and security (easy access by elevator or stairs).
This floor is usually preferred by most buyers or renters.
Recommended steps:
Property inspection:
Visit the apartment to check its condition and how well it matches the description.
Legal Check:

Make sure you have all the legal papers (sales contract, title, building maintenance certificate).

Check the property registry to make sure there are no financial obligations on it.

Negotiation:
The price may be negotiable if you are serious about buying, especially if there is not much competition for the property.

Investment Planning:
If you are an investor, compare the expected returns with other investments.
If you are a home buyer, make sure the location meets your daily needs.

Conclusion:
This apartment looks like a good investment deal or an opportunity to live a comfortable lifestyle in a prime area. If you are interested, it is essential to act quickly, as attractive offers usually attract the interest of many buyers.

Property details

Property Type

Apartment

Property Size

757 sqft / 70 sqm

Bedrooms

Bathrooms