2-Bedroom Plus Maid Freehold Apartment in Al Khor Towers, Ajman - Urgent Sale

Property Overview

This freehold 2-bedroom apartment with a maid's room in Al Khor Towers, Ajman is offered as an urgent sale at AED 430,000. The unit measures 1,450 sq ft, which works out to about AED 297 per sq ft. It sits on a mid floor and is currently rented, making it relevant to investors looking for an income-producing unit in Ajman.

Property Highlights

• Property type: Apartment
• Bedrooms: 2 plus maid's room
• Built-up area: 1,450 sq ft
• Asking price: AED 430,000
• Price per sq ft: approximately AED 297
• Floor: Mid floor
• Tenure: Freehold (as stated by the agent)
• Occupancy: Rented
• Building: Al Khor Towers
• Location: Ajman Downtown, Al Rashidiya 2, Ajman

Pricing and Deal Basis

The agent submitted this apartment as an urgent sale. No original purchase price, transaction record or dated market comparison was supplied, so DPF has not calculated a discount and does not claim the price is below market. The figure DPF can calculate is the rate per square foot: AED 430,000 divided by 1,450 sq ft is about AED 297 per sq ft.

Buyers comparing value should look at recent sales of 2-bedroom units in Al Khor Towers, adjusting for floor level, view and the specific tower, since the complex contains many buildings.

About Al Khor Towers

Al Khor Towers is a large residential complex of 16 towers in Ajman Downtown, completed in the late 2000s. It sits beside Ajman Creek along Sheikh Rashid Bin Saeed Al Maktoum Street. The complex has 24-hour security, covered parking, children's play areas, ground-floor retail and a mosque, with supermarkets and clinics nearby.

Layout and Tenancy

The agent confirms a 2-bedroom layout with a maid's room, 1,450 sq ft, on a mid floor. The specific tower, floor number, bathrooms, parking, view and furnishing were not supplied. The unit is rented, but the tenancy terms were not included. Ask for the tenancy contract to confirm the annual rent, contract end date and payment schedule.

Buying in Ajman

Property transfers in Ajman are registered with the Ajman Real Estate Regulatory Agency rather than the Dubai Land Department, and the transfer fee structure differs from Dubai. Buyers should confirm the freehold status, title details and applicable fees with the agency before signing.

Location and Connectivity

Ajman Downtown is close to Ajman's creek, beach and the border with Sharjah. Travel times to Sharjah and Dubai depend heavily on route and traffic, so buyers should test their own commute.

Verification Notes

• Agent-supplied facts: 2 bedrooms plus maid's room, 1,450 sq ft, mid floor, freehold, rented, urgent sale, AED 430,000.
• DPF calculations: about AED 297 per sq ft.
• External research: complex size, location and facilities from property portal area data; no official developer source was found.
• Not supplied: original price, price benchmark, specific tower, floor number, bathrooms, parking, tenancy terms and service charges.