
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Ajman Creek Tower 1 launch basis | 883 | AED 794,289 | Current launch / asking basis |
| Al Rashidiya 1 ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Rashidiya 1 premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |
















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Astraterra Properties
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Al Rashidiya 1
Ajman Creek Tower 1 by GJ Properties
Located in Al Rashidiya 1
Starting from AED 794,289
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Dec 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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