Ajman Creek Tower 1
Off-Plan

Ajman Creek Tower 1

From AED 794,289·Handover Dec 2027·10% down payment Payment
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AED 794,289
Starting Price
Dec 2027
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Ajman Creek Tower 1 is the first tower of the luxurious Ajman Creek Towers project in Ajman, developed by GJ Properties. Located along the tranquil, shimmering waters of the canal, the Ajman Creek Towers project comprises five impressive towers. Ajman Creek Tower 1 shares a common ground floor and a five-level podium with the entire complex and rises twenty-five residential floors high. Elegant and functional spaces create a sense of comfort and harmony, while panoramic windows offer breathtaking views of the water and the city. The project features one- to two-bedroom apartments as well as commercial spaces. The well-thought-out design includes modern kitchens and spacious bathrooms designed in a spa style, creating an atmosphere of refined luxury. The complex offers residents a wide range of amenities, including swimming pools for adults and children, a fitness center, children’s play areas, a BBQ zone, jogging and walking tracks, restaurants, and retail outlets. Ajman Creek Tower 1 is conveniently located near major roads, ensuring excellent transport accessibility. Al Hamidiya Park and Ajman Beach are less than 10 minutes away, Ajman City Center, Ajman University, and Al Zorah Nature Reserve are within 10–20 minutes, while Al Marjan Island, Amina Hospital, Sharjah International Airport, and Dubai International Airport can be reached in 20–30 minutes. A trip to Downtown Dubai and Dubai Mall takes just over 30 minutes.

Project Specifications
DeveloperGJ Properties
LocationAl Rashidiya 1
Unit Types1 BR, 2 BR, Apartments
AreaAl Rashidiya 1
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 34,274 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,062
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 51,629 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Ajman Creek Tower 1 launch basis883AED 794,289Current launch / asking basis
Al Rashidiya 1 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Rashidiya 1 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Ajman Creek Tower 1 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from GJ Properties.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

Adults Pool
BBQ
Central A/C
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Lavish Sundeck
Leisure areas
Lift
Lobby
Pool Deck
Pool Lounge
Resting Areas
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Steam
Walking paths

Location

Al Rashidiya 1

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al Rashidiya 1Al Rashidiya 1Dubai, UAE

Developer Track Record

01

Ajman Creek Tower 1 by GJ Properties

02

Located in Al Rashidiya 1

03

Starting from AED 794,289

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Ajman Creek Tower 1

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