One 678 Residences
Off-Plan

One 678 Residences

From AED 773,832·Handover Mar 2028·5% down payment Payment
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AED 773,832
Starting Price
Mar 2028
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

One 678 Residences is a luxurious residential complex developed by GJ Properties, located in the rapidly developing Al Aamra area of Ajman. The building includes two basement levels, a ground floor, six podium levels, forty-three residential floors, and a rooftop level. The project stands out with its contemporary design and elegant glass façade, making it a striking architectural landmark within the urban landscape. The complex features spacious one-, two-, and three-bedroom apartments. Interiors are crafted with premium materials such as marble and natural wood, creating an atmosphere of refined luxury. Residents of One 678 Residences enjoy a wide range of amenities, including a fully equipped gym with state-of-the-art equipment, a large swimming pool, a sauna, and a steam room. Safe play areas are provided for children, while 24-hour security ensures a high level of safety. Thanks to its strategic location near Emirates Road and Sheikh Mohammed Bin Zayed Road, residents have easy access to key destinations. Dubai International Airport is a 35-minute drive away, Sharjah International Airport – 18 minutes, and Ajman City Center – just 18 minutes. Ajman Beach can be reached in 24 minutes, while Amina Hospital is only 22 minutes away.

Project Specifications
DeveloperGJ Properties
LocationAl Amerah
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaAl Amerah
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 33,391 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,854
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 50,299 / 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
One 678 Residences launch basis860AED 773,832Current launch / asking basis
Al Amerah ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Amerah 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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Astraterra Properties

Official Documents

Download official marketing materials from GJ Properties.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lift
Lobby
Parking
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Smart home
Social zone
Steam
Walking paths
Yoga studio

Location

Al Amerah

Nearby Destinations

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

Developer Track Record

01

One 678 Residences by GJ Properties

02

Located in Al Amerah

03

Starting from AED 773,832

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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