Lily Tower, Ajman: Apartments from AED 558K with a 10% Entry
Tiger Group is developing Lily Tower in Ajman, a residential apartment tower covering a price range from the accessible to the mid-range. Construction started in October 2026 with a December 2029 completion target, giving buyers a clear three-year timeline from today.
Ajman as a Base and an Investment
Ajman sits on the northern coast of the UAE, between Sharjah and Umm Al Quwain. Residents have direct road access to Sharjah's commercial districts and can reach Dubai along the Emirates Road corridor. Property prices and rents in Ajman sit below those in Sharjah and Dubai, which draws two types of buyers: owner-occupiers who can access more for their budget here than further south, and investors attracted by the lower capital entry the pricing supports.
Lily Tower is positioned for both groups.
The Price Range: AED 558K to AED 1.07M
The range runs from AED 558,703 at the entry level to AED 1,074,613 at the top. That is roughly a two-to-one spread across one property type, which signals meaningful variation in unit size or floor level within the tower.
Buyers at the lower end get a new-build apartment in a tower with a full amenity set at an accessible price point for this market. As the price climbs toward AED 1M and above, the units are larger, serving buyers who want more space without moving to a pricier emirate.
Apartments for Owner-Occupiers and Investors
Lily Tower offers apartments only. That format suits owner-occupiers looking for a primary residence with a lower cost of entry than Sharjah or Dubai, and investors building a rental portfolio in the northern emirates. The price spread suggests the tower carries a range of unit sizes, accommodating both single occupiers and small families.
What the Building Offers Residents
| Category | Amenities |
|---|---|
| Recreation | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Food & Beverage | Restaurants |
| Security | CCTV Security |
The indoor pool stands out. The UAE's summer heat makes outdoor water facilities impractical for much of the year, so an indoor facility serves residents year-round rather than only in the cooler months. The children's play area and landscaped gardens extend the amenity set toward family residents. On-site dining reduces the need to leave the building for everyday meals, which is a genuine convenience in a self-contained tower.
The overall amenity set positions Lily Tower as a building for residents who intend to use its facilities, not treat it purely as a place to sleep.
Three Years to December 2029
Construction started in October 2026. Completion is scheduled for December 2029. Buyers entering today face a three-year off-plan period before handover.
For investors, rental income will not begin until the end of 2029 at the earliest. For owner-occupiers, the December 2029 date sets the earliest move-in horizon.
Getting In for 10%: The Payment Structure
| Stage | Percentage |
|---|---|
| Down payment | 10% |
| During construction | 50% |
| At handover | 10% |
| Post-handover | 30% |
The 10% down payment means entry at AED 55,870 for the base-priced unit. The bulk of the payment — 50% — spreads across the construction period through to December 2029.
The 30% post-handover component means buyers carry a significant financial obligation after taking the keys. For investors, those payments run alongside rental income from the unit. For owner-occupiers, full financial commitment extends past the move-in date.