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M.R. TOWER, EMIRATES CITY

M.R. TOWER, EMIRATES CITY

HIGHLIGHTS

About M.R Tower, Ajman

Situated near Sheikh Mohammed Bin Zayed RoadEmirates City in Ajman consists of residential plots, commercial towers, shopping complexes and other amenities. Among the various developments, one can find M.R. Tower.

The construction of MR Tower, Emirates City was completed in the year 2011. Offering spacious studio, 1-bedroom, 2-bedroom and 3-bedroom apartments, the tower has 30 floors above the ground. Other facilities in the tower include 4 floors for parking, round-the-clock security, health and fitness club and recreational activity spaces. 

IN A NUTSHELL

  • Construction completed in 2011
  • Offers studio, 1-bed, 2-bed and 3-bed flats
  • 30-storey building
  • 4 floors dedicated to parking
  • 4 high-speed elevators
  • Apartments are available for rent and sale
  • Close to Ajman beach and Sharjah International Airport

BUILDING DETAILS

Facilities in MR Tower, Ajman

Parking

4 full floors are available for parking in MR Tower, Emirates City.

Elevators

4 high-speed elevators in MR Tower, Emirates City provide quick access to apartments for both residents and guests.

Security, Central Air-Conditioning and Maintenance Services 

The building has security staff on duty and 24-hour CCTV coverage. Maintenance and waste disposal are provided to keep the building in a pristine condition.

Gym and Fitness Facilities 

The top two floors in M. R. Tower, Emirates City are dedicated to health facilities and pools. You can find a sauna, Jacuzzi, a swimming pool and a gym in M.R Tower, Ajman.

Lifestyle Amenities

The high-rise tower offers recreational facilities for both children and adults. A BBQ area is designed to accommodate a small party set up where friends and family can mingle over lunch or dinner. Similarly, a kid’s play area is also available for children to have fun with their friends. Additionally, a canteen/cafeteria is there for the residents to have their lunch, dinner or evening tea.  

Concierge and Guest Services 

24-hour concierge facility is available. The lobby of the building has ample seating arrangement and intercom facility for the use of guests. 

Pet-friendly

M.R. Tower, Ajman is a pet-friendly building.

Apartment Types in MR Tower, Emirates City

Apartment types in MR Tower, Ajman include studio, 1, 2 and 3-bedroom flats. These ultra-modern units have high-quality fittings. 1-bedroom and 2-bedroom flats have master bedrooms with ensuite bathrooms.

Studio Apartments in M.R. Tower 

Studio apartments in MR Tower, Ajman consist of the main hall adjacent to an open kitchen and a bathroom leading to a spacious balcony. One would find the accommodation quite adequate and feasible in terms of space and price. 

1-Bedroom Apartments in M.R. Tower 

With covered areas ranging from 600 sq. ft. to a maximum of 935 sq. ft. 1-bedroom apartments in MR Tower, Ajman have a master bedroom featuring ensuite bathrooms, sometimes a guest bathroom and large balconies connected with living rooms. With 1 BHK flats, residents have the option to choose between open and closed style kitchen with cabinet fittings. Most of these apartments are brand new, vacant and ready to move in.

2-Bedroom Apartments in M.R. Tower 

With covered areas ranging from 1,195 sq. ft. to 1,258 sq. ft., 2-bedroom apartments in MR Tower, Ajman have 2 master bedrooms with large, double-glazed windows, adjoined bathroom and sometimes a maid’s room. The living rooms open way to large balconies having a road view. Kitchens are usually closed in 2-bed units but are well maintained with fitted cabinets. Some units have a guest bathroom towards the entrance of the apartment. Commonly, 2-bed flats also have storage areas.

3-bedroom Apartments in M. R. Tower 

Build on 1,668 sq. ft. area, 3-bedroom apartments in MR Tower, Ajman have a calming lake and landscaped garden view. Typically, 3-bed units have 3 master bedrooms equipped with double-glazed windows, ensuite bathrooms and a guest bathroom. Featuring a closed kitchen with fitted cabinets, these units also have spacious living rooms connected with balconies.

Most Popular Apartment Types in M.R. Tower

  • Studio
  • 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 Bayut, 1-bedroom apartments are the most popular apartment types in MR Tower, Emirates City, Ajman . 2-bedroom flats and studio apartments get the second and third spot, respectively. Rounding up the list are the 3-bedroom apartments, which are also the least popular apartment types in the building.

RENTAL TRENDS IN M.R Tower, Ajman

Rental apartments in M.R Tower are affordable and suitable for families, couples and singles. Flats for rent in Emirates City are available for AED 17k to AED 25k.

  • 1-bedroom apartments can be easily rented for AED 14k to AED 16k.
  • The rents for 2-bed units range from AED 18k to AED 22k per year. 

Keeping the convenience of customers at the forefront, rental payments of apartments can be made in 4 to 6 cheques. Few flats are even offering monthly rent payment. Potential customers must contact their agents at their earliest to bid on the apartments that are vacant and ready to move in.

SALE TRENDS IN M.R Tower, Ajman

Looking at the amenities that come with the building, apartments for sale in M.R Tower are priced reasonably. Emirates City apartment for sale range from AED 155k to AED 370k.

  • You are expected to pay around AED 155k at the minimum and AED 185k at the maximum to buy a 1-bedroom apartment.
  • The sales price for a 2-bed unit lies between AED 230k and AED 235k.
  • Buying a 3-bedroom apartment can easily cost you around AED 370k. 

Most apartments for sale are brand new, vacant, and ready to move in. Couples or families planning to move to Ajman can consider the options in MR Tower, Emirates City, Ajman.

RENTAL YIELD IN M.R Tower, Ajman

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 2.5%
  • 5%
  • 7.5%
  • 10%

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

Studio apartments in M. R. Tower are the highest yielding units with a return of 10.8%. Following this, 1-bed units are ranked in the second position with an ROI of 10.4%. Ending up the list are the 2-bedroom flats with a rental yield of 8.2%.

NEARBY AMENITIES

TRANSPORTATION NEAR M.R. TOWER

Finding public transportation near M.R. Tower, Ajman might get tricky since Ajman doesn’t have a metro system yet. You would need personal transport to commute around town.

Bus Stations near M.R. Tower

The closest bus station is Humaidiya Park, Bus Stop 2 which is located at a 7-minute drive away from M.R. Tower, Ajman

Restaurants near M.R, Tower 

Restaurants near M.R. Tower, Ajman include: 

  • Lavender Restaurant & Cafeteria 
  • Bezar
  • Hardee’s

If you are looking for a delicious and economical meal not far away, then Lavender Restaurant is your go-to place. At only a 2-minute drive away, this place offers a quite diverse menu. Additionally, you have Bezar, which is quite popular within the community for its breakfast menu and can be reached within 11 minutes by car. You can also go to Hardee’s that is a 9-minute drive if you are in the mood for juicy burgers.

SUPERMARKETS NEAR M.R. TOWER

Bringing you convenience when it comes to shopping, there is an assortment of supermarkets near M.R. Tower, Ajman. The list includes:

  • Bravo 
  • Al Ruman
  • Al Hooth

The above-listed supermarkets are a minimum of 2 minutes and a maximum of 14 minutes away via car. Here, you can find everything from basic items to grocery products without problems.

NEARBY BUILDINGS

  • Tower B6
  • Majestic Tower
  • Goldcrest Dreams

M.R Tower is close to many residential buildings. You can find Tower B6, Majestic Tower and Goldcrest Dreams apartments building next to the residential building.

Major Landmarks

Major landmarks that are close to the building include:

  • Ajman University
  • Sharjah International Airport
  • Ajman Corniche

One of the most famous universities of the emirate, Ajman University is a state-of-the-art educational hub with local and international students studying in 9 different schools. It is just a 19-minute drive away from M.R. Tower. 

Another major landmark is Sharjah International Airport, which is around a 20 to 25-minute drive away.

You will find Ajman Corniche at a 28-minute drive from the complex. Ajman Corniche is a waterfront esplanade lined with cafés and restaurants where you can soak up the sun while relaxing on the sandy beach or walking on wide pavements stretched along the coastline.

Ajman corniche restaurants
Ajman Corniche has a row of cafés and fast food joints overlooking the sea

THINGS TO CONSIDER

Many residential and commercial complexes are in the development phase in Emirates City. Therefore, people who want to invest in residential properties need to remember that amenities nearby are limited at the moment. Facilities such as schools, hospitals and even tourist attractions are slightly far from the building. Also, people who prefer metropolitan cities can find the quiet surroundings of M. R. Tower a turn off.

Are you looking to rent apartments in M.R. Tower?

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