Investment Opportunity | Rented Studio | AED 29,000

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Average Rent

AED 30,044 Yearly

Updated

13th October 2026

Completion Status

Ready

Studio Apartment for Sale in Garden Residence – Ajman

Investment Opportunity | Rented Studio | AED 29,000
An excellent opportunity to own a spacious studio apartment in Garden Residence, featuring a generous area of 645 sq. ft. and an attractive payment plan. The unit is currently rented for AED 29,000 annually, making it an option worth considering for investors seeking a property with existing rental income.
With a down payment of AED 261,788 and a remaining balance of AED 103,212, buyers can benefit from a structured payment plan with monthly installments over the remaining 36 months.

Property Details

Project: Garden Residence
Property Type: Studio Apartment
Size: 645 sq. ft.
Total Selling Price: AED 365,000
Current Rental Income: AED 29,000 per year
Occupancy Status: Rented

Payment Plan

Down Payment: AED 261,788
Remaining Balance: AED 103,212
Monthly Installment: AED 2,867
Remaining Installment Period: 36 Months

Investment Highlights

Spacious studio apartment with an area of 645 sq. ft.
Currently rented for AED 29,000 annually.
Total selling price of AED 365,000.
Down payment of AED 261,788.
Remaining balance payable through monthly installments.
Suitable for investors looking for a property with an existing tenant and potential rental income.

Rental Income Overview

The stated annual rent of AED 29,000 represents approximately 7.95% of the selling price before service charges, maintenance, vacancy periods, and other applicable expenses. Actual returns will depend on the rental agreement and ongoing property costs.
Asking Price: AED 365,000
For more information or to discuss this investment opportunity, please contact us.
Shine World Properties
AJRE 2087

Posted on: 13th October 2026