Conqueror Tower
About Conqueror Tower
(sq. ft.)
Conqueror Tower is a 32-storey residential complex located on Sheikh Maktoum Bin Rashid Street in Ajman. The project was developed by GJ Real Estate and was commissioned in 2019.
Properties include studios and one- to four-bedroom apartments that are available to buy and rent. Studios have kitchens, bathrooms, and spacious living rooms. Apartments have living rooms, dining rooms, bedrooms with ensuite bathrooms, kitchens, and balconies. Some apartments also have a second balcony and staff accommodations with separate toilets.
The complex provides a variety of amenities and services, including:
- Covered parking for 123 vehicles
- Four high-speed lifts with panoramic windows for viewing Ajman from above
- 24-hour security and video surveillance
- Gym
- Children’s playground
- Yoga room
- Central air conditioning
- Luxurious lobby with a reception desk
- Waiting area with comfortable sofas and a glass table
Residential units range in size from 445 sq. ft. to 3,437 sq. ft. and range in price from AED 315,000 (USD 86,000) to AED 1,100,000 (USD 300,000).
*The price is valid for 2023
Property Information
- Location Ajman Industrial 1, Ajman, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units Studios-4BR Apartments
- Area from 445 sq. ft.
Location
The nearest bus stop, 23-Al Nuaimiya SHK Khalifa Street, is located within a 10-minute walk of the apartments. Sharjah International Airport can be reached within a 25-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Salem Shopping Centre and The Mall
- Sona Supermarket, Al Saqa Supermarket, Al Aula Supermarket, and Al Hor Supermarket
- Bombay Udupi, Al Aroos, Safa Restaurant, and Red Gravy Restaurant
- Al Nuaimiya Private School
- Ajman Specialty General Hospital and Double Care Medical Centre
The tower is located within a five- to 10-minute drive of several popular destinations, including the following attractions.
- City Centre Ajman is Sharjah’s largest shopping mall, and it has more than 70 retail outlets, a Carrefour supermarket, 18 restaurants, and a nine-screen cinema.
- Ajman Museum is a cultural centre that includes a fortress of plaster and coral stone.
- Ajman Corniche is an area with many entertainment venues.
Payback
Sheikh Maktoum Bin Rashid Street is the main street in Ajman. It has many high-end apartment complexes, and residents have easy access to Sheikh Maktoum Bin Rashid Street, which provides direct routes to other parts of the emirate. The community is home to supermarkets, shopping malls, parks, children’s playgrounds, and hospitals. As a result, residential units are in demand among tenants and investors.
Properties at Conqueror Tower have a return on investment rate that ranges from 1.5% to 5.2%, depending on the type of unit. Annual rental rates range from AED 26,000 (USD 7,000) to AED 80,000 (USD 22,000). If current trends continue, investments can be recouped within 14 to 16 years.
*The price is valid for 2023
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