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Gulfa Towers – AjmanGulfa Towers is a residential development in Al Rashidiya 1, Ajman, located along Sheikh Khalifa Bin Zayed Street. It consists of two residential towers and is a completed development rather than an off-plan project.

Key details

Location: Al Rashidiya 1, Ajman
Developer: GJ Properties
Property type: Residential apartments
Units: Mainly 1, 2 and 3-bedroom apartments
Status: Completed / handed over
Ownership: Freehold
Parking: Covered parking available
Facilities: Swimming pool, gym, security, CCTV, elevators and children's areas

Location advantageOne of the biggest advantages of Gulfa Towers is its location. It provides convenient access to Sheikh Mohammed Bin Zayed Road (E311), making it relatively convenient for residents commuting between Ajman, Sharjah and Dubai.
The area is also surrounded by supermarkets, shops, restaurants and other daily services, making it suitable for families and long-term residents.

Apartment sizesThe apartments are generally larger than many newer developments in Ajman. For example, some 1-bedroom apartments are around 1,200–1,270 sq ft, while some 2-bedroom apartments can exceed 1,700 sq ft.

Investment potentialGulfa Towers can be interesting for investors because it is already completed, meaning you can purchase a unit and rent it out immediately rather than waiting for construction and handover.
For example, if a 1-bedroom apartment costs AED 500,000 and generates AED 46,000 per year in rent:
Gross rental yield = 46,000 ÷ 500,000 = 9.2%
However, the actual net return will be lower after service charges, maintenance, vacancy periods and other costs.

My overall viewGulfa Towers is worth considering if you want a ready property in Ajman, especially if your priority is rental income rather than waiting for an off-plan project to be completed.
Its main advantages are:

Ready-to-move-in / ready-to-rent
Central Ajman location
Good access to E311
Relatively large apartments
Established residential community
Potentially attractive rental yield

The purchase price is very important, though. A good investment depends on buying at the right price and comparing the expected rent with the total cost of ownership.
If you give me the Gulfa Towers apartment price, size, and number of bedrooms, I can calculate the expected rental yield, monthly payment, and whether the asking price is a good investment.