Ajman Creek Tower 1

1,775 homes along a canal: Tower 1 opens the series

Across the whole Ajman Creek Towers complex, GJ Properties has announced 1,775 apartments spread over five towers. Ajman Creek Tower 1 is the first to launch. It has 25 residential floors sitting on a ground floor and a five-level podium shared by all five buildings. The site runs along a canal in Al Rashidiya 1, a dense residential district of the emirate of Ajman, right on the border with Sharjah. The scheme is freehold and combines one and two bedroom apartments with ground floor retail units. For an investor, the main appeal lies in the scale of the complex, generous unit sizes for the local market, and a payment plan that stretches well past handover.

Five towers, one shared ground floor

Tower 1 is not a standalone building. Its ground floor and five-level podium are shared with the other four towers, which concentrates covered parking, retail and amenities on a single platform. This setup has a practical upside: residents of the first tower will get to use infrastructure sized for close to 1,800 homes. It also has a downside. Until the remaining towers are completed, buyers will be living next to an active construction site. That is worth factoring into any rental income calculation for the early years.

One bedroom units over 100 sqm

The complex's technical specs list sizes from 1,080 to 1,212 square feet for one bedroom units, roughly 100 to 113 sqm. Two bedroom units range between 147 and 153 sqm. That is well above what most recent Ajman schemes offer in these unit types. The mix still skews heavily toward smaller units: 1,275 one bedrooms across the whole complex, versus 400 two bedrooms. The brochure also lists 100 three bedroom units of 257 to 319 sqm, but Tower 1's own description only covers one and two bedrooms, so these larger units appear to belong to other towers.

Three pools, sauna and steam room on the podium

The developer has planned an adult pool, a family pool and an infinity pool, along with a children's pool. Around them, a pool deck with a lounge and sun terrace, barbecue areas and landscaped gardens sit on top of the podium. The wellness offering includes a shared gym, a sauna and a steam room. At ground level, jogging tracks and walkways run along the canal, while cafes, restaurants and shops line the base of the towers. CCTV security, central air conditioning and covered parking round out a standard specification for this segment.

40% before handover, 60% over seven years

The payment plan splits the price into two blocks. Buyers pay 40% during construction, starting with a 10% booking deposit. The remaining 60% is spread over seven years after handover. This structure means owners can start renting the unit out before they have finished paying for it, letting rental income cover part of the installments. On the other hand, it means a long-term commitment to the developer, well beyond the construction period itself. Payments go through an escrow account, as set out in the sale contract.

Two handover dates to confirm

The documentation is not consistent on timing. The complex's sales brochure points to handover in the fourth quarter of 2026. The project data sheet lists 31 December 2027 for Tower 1. A one year gap matters when 60% of the price is paid after handover, since it pushes back the start of rental income by the same margin. A cautious buyer should get the contractual date confirmed in writing before signing. GJ Properties cites a decade of delivered projects in Ajman and the Northern Emirates, including the Barajeel and Al Aamra towers in the same area.

Ajman Beach under ten minutes away

Al Hamidiya Park and Ajman Beach are less than ten minutes away by car. Ajman City Centre, the University of Ajman and the Al Zorah nature reserve, with its mangroves, are all within 10 to 20 minutes. Sharjah International Airport, Amina Hospital and Al Marjan Island in Ras Al Khaimah are 20 to 30 minutes away. Downtown Dubai and the Dubai Mall are quoted at a little over half an hour, though that figure depends heavily on traffic along the Sharjah to Dubai roads. That commute is what defines the typical tenant profile: someone working in Dubai who accepts the drive in exchange for a lower rent.