### One bedroom apartment in Ajman One (Tower 8 - ):

### ** One bedroom apartment in Ajman One (Tower 8 - ):**

---

### **1. Apartment Details:**

1. **Location: Tower 8 - Ajman One**
- Strategic location in the Ajman One project, known for its modern facilities and proximity to essential services.
- Suitable for family housing or investment, especially due to its proximity to vital areas and beaches.

2. **Area:**
- **1,005 square feet:**
- Excellent space for a one bedroom apartment, providing great comfort compared to similar options.

3. **Current Status:**
- **Rented for AED 20,000 annually.**
- The contract expires in January, allowing the buyer to choose between renewing the lease or personal housing.

4. **Floor and View:**
- **Floor 5:** An intermediate floor that suits many buyers to avoid the extreme height.
- The view may need to be confirmed to ensure its attractiveness.

---

### **2. Financial Details:**

1. **Asking Price:**

- **AED 360,000:** A very reasonable price considering the area and location within Ajman One project.

2. **Current Rent:**
- Annual rental return of **AED 20,000,** representing a return of **5.5% approximately,** which is a good return for real estate investment in Ajman.

3. **Additional Costs:**
- Check the annual service charges and utility fees to ensure they are in line with the return.

---

### **3. Strengths:**

1. **Private Location:**
- Ajman One project is known for its good reputation and advanced infrastructure.

2. **Large Space:**
- Compared to other 1BR apartments, the 1,005 sq. ft. space provides comfort and flexibility in furniture distribution.

3. **Stable rental return:**
- Rent of AED 20,000 per year makes the apartment a good investment option.

4. **Competitive price:**
- The price of AED 360,000 is reasonable considering the location and area.

---

### **4. Points to confirm:**

1. **Condition of the apartment:**
- Check the condition of the apartment (finishing and maintenance) before buying, especially since it is rented.

2. **View and facilities:**
- Make sure of the quality of the view and shared facilities such as parking, security, and elevators.

3. **Service fees:**
- Make sure of the annual service fees for the building. High fees may affect the investment return.

4. **Rent or housing options:**
- If you are planning to live, make sure you can receive the apartment immediately after the contract expires.

---

### **5. Buyer Tips:**

1. **Visit the property:**
- Check the condition of the apartment and the common facilities such as parking and security.

2. **Negotiate the price:**
- Try to negotiate a lower price or get easy payment terms.

3. **Rental return:**
- If you are buying for investment, try to explore the possibility of increasing the rent after the end of the contract.

4. **Review legal documents:**
- Make sure that all terms related to the current lease and ownership are clear.

---

### **Conclusion:**
A one-bedroom apartment in Ajman One (Tower 8) represents a good investment opportunity or a comfortable housing option. The large space, prime location, and competitive price make it attractive. However, it is recommended to check the financial and technical details before completing the deal.

Property details

Property Type

Apartment

Property Size

1,005 sqft / 93 sqm

Bedrooms

Bathrooms