Falcon Tower, Ajman Downtown

Falcon Tower, Ajman Downtown

HIGHLIGHTS

About Falcon Tower, Ajman

Falcon Tower is situated in Ajman Downtown. The complex includes 1 commercial tower and 7 residential towers. Each residential tower consists of 24 floors out of which 4 floors are dedicated to parking. Whereas the commercial tower has 27 floors, with 4 floors for parking. It offers studio, 1, 2 and 3-bedroom units. Falcon Tower is just an 11-minute drive from Al Ittihad Road and is also close to Ajman Fish Market. Lulu Hypermarket is 5 minutes away from Falcon Tower, whereas, Ajman Free Zone is 15 minutes away. From Falcon Tower, Dubai is also within reach and is a 30-minute drive away.

 Ajman Downtown, Falcon Towers
Falcon Towers Building View

Ajman Downtown is a buzzing and happening area that offers a variety of amenities like nearby bus stops, supermarkets and shopping centres. The most popular mall near the community is City Centre Ajman. The area offers luxury yet affordable living.

IN A NUTSHELL

  • Type of building: Residential complex
  • Location: Ajman Downtown
  • Number of floors: 24 storeys for residential towers and 27 storeys for commercial tower
  • Unit type: Studio, 1, 2 and 3-bedrooom apartments
  • Type of Ownership:  Freehold
  • Amenities: Shared swimming pool and gym

BUILDING DETAILS

Facilities in Falcon Tower, Ajman

Parking

There is no issue of parking in Falcon Tower. There are 4 floors in every building of the complex dedicated to parking.

Elevators

There are 3 high-speed elevators in Falcon Tower for the convenience of residents and visitors.

Security, Central Air-Conditioning and Maintenance Services 

Falcon Tower has a 24-hour security service and an air conditioning system. There is a lobby in every building of the complex. Maintenance staff is also available. The district cooling supplier for Falcon Tower is Tabreed.

Event Space

There is a barbecue area that can be utilised for family gatherings and social events.

Gym and Fitness Facilities 

The complex has a temperature-controlled swimming pool. There is a gym, steam room and Jacuzzi in Falcon Tower, Ajman for residents. The complex also has a health club.

Lifestyle Amenities

There is a play area in the complex that also facilitates kids with special needs.

Concierge and Guest Services 

Falcon Tower, Ajman also has concierge service and a well-maintained lobby to entertain the guests and visitors. Guests can park their car outside the complex.

Pet-friendly

Pets are allowed in Falcon Tower, Ajman.

Offices in Falcon Tower, Ajman

Offices in Falcon Tower, Ajman complex are spread over an area of 1,416 sq. ft. The offices in Falcon Tower are spacious with glass partition for the manager’s room and come with a large fully-equipped kitchen and a bathroom.

Apartment Types in Falcon Tower, Ajman

Studios in Falcon Tower

Studios in Falcon Tower range from 600 sq. ft. to 700 sq. ft. Each studio comes with an open-style kitchen and a large bathroom. It also features a balcony that offers views of the pool.

1-Bedroom Apartments in Falcon Tower

The floor area of 1-bedroom flats in Falcon Tower is about 1,000 sq. ft. Each apartment comes with attached bathroom. The hall area is quite spacious with double glazed windows and a balcony that gives a beautiful view of the city.

2-Bedroom Apartments in Falcon Tower

The floor area for a 2-bed flat is 1,098 sq. ft. This includes bedrooms with ensuite bathrooms, a large living room and a spacious balcony. Few in number are the duplex apartments, with covered area of around 1,700 sq. ft. The bedrooms of these flats are on the top floor.

3-Bedroom Apartments in Falcon Tower 

3-bedroom apartment in Falcon tower has a floor area of about 2,000 sq. ft. All apartments are comprised of 3 master bedrooms with attached bathrooms. There is a balcony attached with each bedroom. The unit has a big living hall, furnished kitchen and a storeroom.

Most Popular Apartment Types in Falcon Tower, Ajman

  • Studios
  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to searches on Bayut, the most popular apartment type are the studios, followed by 3-bedroom apartments. Rounding up the list are the 2-bedroom flats and the last ones, as per the searches, are the 1-bedroom apartments.

Rental Trends in Falcon Tower, Ajman

The apartments for rent in Falcon Tower are as follows:

For more affordable options you can look at apartments for rent in Ajman Downtown.

Sale Trends in Falcon Tower, Ajman

Investing in the Falcon Tower, Ajman is beneficial because of its location. It offers freehold ownership to its residents including expats and the visa process is also aided by the management. Apartments for sale in Falcon Tower can have the following prices.

  • Office for sale in Falcon Tower can range from AED 235k to AED 360k.
  • Studio apartments fall in the price range of around AED 170k.
  • Sale prices of 1-bed apartments in Falcon Tower range from AED 250k to AED 270k.
  • 2-bedroom flats for sale cost from AED 310k to AED 340k.
  • Sale prices of 3-bedroom flats range from AED 420k to AED 450k.

Long term and flexible payment schemes are offered with interest-free payments. Ajman Downtown apartments for sale are also quite affordable and offer similar facilities and amenities.

Rental Yield in Falcon Tower, Ajman

  • Studios
  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

The return on investment (ROI) for those looking to invest in Falcon Tower, Ajman is at 9% minimum. Studio apartments Falcon Tower are most profitable with ROI at 10.2%. 2-bedroom flats follow with an ROI of 9.7%. The 3-bedroom apartment has an ROI of 9.4% and rounding up the list are the 1-bedroom apartments with an ROI of 9.0%. These figures are quite high when compared to the general real estate market.

NEARBY AMENITIES

Transportation near Falcon Tower, Ajman

The most convenient option for transportation near Falcon Tower, Ajman is the buses. Also, for those who own a car, it is easy to travel around as the community is close to Al Ittihad Road. Residents can also use taxi service as there is a taxi pick up point at Lulu Hypermarket, near the complex.

BUS STOPS NEAR FALCON TOWER

Falcon Tower Bus Stop is at a walking distance. Al Rashidiya Tower Bus Stop is also close to the complex. The Fish Market Bus Stop is barely a 5-minute drive from the tower and The City Life Bus Stop is also at the same distance.

Restaurants near Falcon Tower, Ajman

Popular restaurants near Falcon Tower, Ajman are:

  • Al Tanoor Restaurant
  • Al Ayaam Grills
  • Eat and Drink Restaurant

One of the most popular restaurants in Ajman is Al Tanoor that is at a 15-minute drive from Falcon Tower. Located on Sheikh Ammar Bin Humaid Street, this restaurant specialises in Middle Eastern cuisine and street food.
Another popular restaurant in Downtown Ajman is Al Ayaam Grills. It is a must-visit place for people who love grilled food. They serve the best barbeque in town, this restaurant is only at a drive of 12 minutes from Falcon Tower.
Another restaurant in the area is Eat and Drink Restaurant, which serves Arabian and Chinese cuisine. Chowking Chinese restaurant is also a good option, if you are looking for authentic Chinese food. Both of these restaurants are at a drive of 12 minutes.In fine dining options, there is Marasea Restaurant. It offers the best seafood in town. It is located in Sheraton Sharjah Resort, 8 minutes away from the complex.

Supermarkets near Falcon Tower, Ajman

Supermarkets near Falcon Tower, Ajman include:

  • Al Madina Supermarket
  • Lulu Hypermarket
  • Al Maya Supermarket

There are various supermarkets options near Falcon Tower. These include Al Madina Supermarket that is within walking distance and Lulu Hypermarket, which is 5 minutes away. Lulu Hypermarket has a rich variety of groceries to choose from and is a go-to shopping place for the nearby communities.
Ajman Fishmarket is 6 minutes away from Falcon Tower. Pakistan Supermarket is also near the complex. Another popular market is the Al Maya Supermarket.

Major Landmarks

Landmarks and attractions near Falcon Tower in Ajman include:

  • City Centre Ajman
  • Ajman Dhow Building Yard
  • Ajman Museum
City Centre
City Centre Ajman

The City Centre Ajman is at a distance of 12 minutes from the complex and is the most popular and largest shopping centre in Ajman. City Centre is a dining, shopping and entertainment destination, which makes it a favorite place for families to visit, especially on weekends.
Some popular cafes in the mall are Gerrard Patisserie, Starbucks and Tim Hortons. People who like fastfood will be happy to know that there are many fastfood restaurants in City Centre Ajman like Doner & Gyro, McDonald’s, Pizza Hut, KFC, Hardee’s and Popeye’s. You can watch a movie at the VOX cinemas and can also visit the Magic Planet to enjoy some fun activities.

Located on the north side of Ajman Creek, Ajman Dhow Building Yard is the city’s most interesting place to visit. Located 11 minutes away, this place is a must-visit for people who are interested in the ancient craft. The Dhows are built through traditional tools and manual skills.
A fortress that once served the purpose of Ajman’s first line of defense in the 18th century has been turned into a museum. Ajman Museum has beautiful displays of photos, official manuscripts and documents tracing the rich history of Ajman. The exhibit focuses on the traditional lifestyle and archaeological findings from the nearby areas. It is 6 minutes away from the complex.

THINGS TO CONSIDER

Although Falcon Tower in Ajman is located at an ideal location in the emirate, there is one issue that needs to be considered. There is no guest parking in the complex and street parking slots fill up quickly. However, there is sufficient parking for residents inside the complex. 

Are you looking to buy or rent apartments in Falcon Tower?  

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