Al Thuraya Islands — project image
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Al Thuraya Islands

From AED 4.33M·Handover Dec 2027·20% down payment Payment
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AED 4.33M
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
5 BR · 6 BR
Type

Project Overview

Al Thuraya Island is an exclusive island project from the developer Ajmal Makan City, located in the heart of Ajmal Makan City, in Sharjah. The premium residential complex, consisting of a collection of exclusive villas and mansions, presents 5 residence options: Seabreeze Villa with 5 bedrooms, Azura Villa and Serene Villas with 6 bedrooms, Grandeur Villas with 8 bedrooms and luxurious Majestic Mansions with 8 bedrooms. The architecture of the project is carefully thought out to create a harmonious combination with the surrounding nature. The interiors are distinguished by their exquisite design and attention to detail. Each villa has spacious layouts and high-quality finishes. Some villas have an elevator, modern technical facilities, access to a private beach, covered parking spaces and indoor water features. Residents of Al Thuraya Island have access to a private beach, a floating platform, water activities, a beach lounge, retail stores, restaurants, a children's playground, a barbecue area, a pet park, a cycling area, a gym, a SPA, a swimming pool, office space and two mosques. Dubai International Airport can be reached in 35 minutes, Sharjah International Airport is a 30-minute drive away, Sharjah University City is a 20-minute drive away, and Sheikh Khalifa Hospital can be reached in 13 minutes.

Project Specifications
DeveloperAjmal Makan
LocationHamriya West
Unit Types5 BR, 6 BR, 8 BR, Villa
AreaHamriya West
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 186,710 / year
Cash-on-Cash
2.2%
Levered cashflow AED 43,919
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.99M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Beach Access
Bike path
Conference room
Covered Parking
Dining outlets (coffee houses & restaurants)
Dog walking area
Kids Play Area
Landscape Open Areas
Landscaped garden
Landscaped park
Leisure areas
Lift
Open Kids Play Area
Pet Garden
Pool Deck
Private Lounge
Private beach access
Private pool
Resting Areas
Retail outlets
SPA
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Storage Areas
Walking paths

Location

Hamriya West

Nearby Destinations

Hamriya West

Developer and Project Facts

01

Al Thuraya Islands by Ajmal Makan

02

Located in Hamriya West

03

Starting from AED 4,327,000

04

Unit mix includes 5 BR, 6 BR, 8 BR, Villa

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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