Ajman 1 Tower Guide

Ajman 1 Tower is a prominent residential high-rise in Ajman's central business district, offering modern apartments with competitive rental yields of 7-8%. This guide provides factual data on pricing, amenities, and the resident experience, helping investors and tenants make an informed decision. 

Where is Ajman 1 Tower Located?

The tower's primary advantage is its strategic location on Sheikh Khalifa Bin Zayed Street in Ajman's urban core.

Key Location Benefits

  • Walkable Amenities: Residents have immediate access to shopping centers, diverse restaurants, banks, and healthcare clinics.
  • Major Road Access: Direct connectivity to Sheikh Khalifa Bin Zayed Street simplifies commutes to Sharjah and Dubai.
  • Public Transport: Multiple bus routes and consistently available taxis and ride-sharing services.

Urban Location Considerations

  • The area has constant activity, which contributes to peak-hour traffic congestion.
  • While resident parking is provided, visitor parking can be challenging due to the high-density neighborhood.

What Are the Apartment Features?

Ajman 1 Tower offers a range of unit types designed for efficient, modern living.

Standard Apartment Features

  • Modern flooring and contemporary finishings
  • Functional kitchens with cabinetry and appliance provisions
  • Built-in wardrobe storage solutions
  • Private balconies with city views

Available Unit Types and Pricing Ranges

  • Studio Apartments: Ranging from AED 180,000 - AED 220,000
  • 1-Bedroom Apartments: Ranging from AED 300,000 - AED 360,000
  • 2-Bedroom Apartments: Ranging from AED 450,000 - AED 550,000
  • 3-Bedroom Apartments: Ranging from AED 600,000 - AED 720,000

What Building Amenities Are Available?

The tower provides shared facilities that support a convenient lifestyle.

  • Swimming pool for resident recreation
  • Modern fitness center with cardio and weight equipment
  • Designated children’s play area
  • Secure, allocated parking
  • 24/7 security with controlled access and surveillance

Is Ajman 1 Tower a Good Investment?

Current market data indicates Ajman 1 Tower maintains a solid position for rental income.

Rental Yield Analysis

A sample calculation for a 1-Bedroom apartment demonstrates its potential:

  • Purchase Price: AED 330,000
  • Estimated Annual Rent: AED 26,000
  • Gross Rental Yield: (26,000 / 330,000) x 100 = 7.88%

Target Tenant Profile

The building typically attracts:

  • Working professionals employed in central Ajman
  • Small families valuing modern amenities
  • Tenants seeking newer building standards and reliable facilities

What Are the Total Costs of Ownership?

Informed investment requires understanding all financial commitments.

For Buyers

  • Property Price: Negotiated purchase price
  • Ajman Land Department Fee: 2% of the purchase price
  • Agent Commission: 2% of the purchase price + 5% VAT

For Owners & Residents

  • Annual Service Charge: Covers maintenance, security, and building insurance (typically AED 12-18 per sq. ft.)
  • Utility Costs: Monthly electricity and water bills paid directly to FEWA

What is Daily Life Like for Residents?

Community & Management

  • The resident mix includes working professionals and small families.
  • Building management is generally responsive to maintenance requests.
  • Clear community regulations help maintain residential harmony.

Commute Times from Ajman 1 Tower

  • Ajman City Center: 3-8 minutes
  • Ajman Corniche: 5-12 minutes
  • Sharjah City: 15-30 minutes
  • Deira, Dubai: 30-50 minutes

Who is Ajman 1 Tower Best For? 

Based on current data and resident feedback, the tower is an ideal match for specific profiles.

It is an EXCELLENT choice for:

  • Yield-Focused Investors: Seeking reliable 7-8% rental returns.
  • Urban Professionals: Working in central Ajman who prioritize location.
  • Modern Living Seekers: Who value contemporary building standards and amenities.

It might be a LESS SUITABLE option for:

  • Budget-Conscious Buyers: Older buildings may offer lower entry prices.
  • Quiet-Seeking Residents: The urban center maintains constant activity.
  • Luxury Condo Buyers: The tower offers quality, not premium, luxury finishes.

Frequently Asked Questions

1. What is the expected ROI for Ajman 1 Tower?

Based on current market data, investors can typically expect gross rental yields between 7% and 8% for well-positioned studio and 1-bedroom apartments.

2. Who is the typical tenant in Ajman 1 Tower?

The building attracts a diverse tenant base, primarily including working professionals employed in central Ajman and small families who value the modern amenities and central location.

3. What are the main advantages of living in Ajman 1 Tower?

The primary advantages are its strategic central location, access to modern building amenities (pool, gym), and competitive service charges compared to newer luxury towers.

4. Are there any downsides to the location?

The central urban location means residents should expect consistent neighborhood activity and potential traffic congestion during peak morning and evening hours.

5. How does Eplog off-plan Properties assist with the Ajman 1 Tower?

Eplog Offplan Properties provides detailed market analytics, arranges viewings, and offers transparent investment analysis for both off-plan and ready properties in Ajman, including Ajman 1 Tower.