
Blue Bay Walk is a prestigious residential complex located along the coast of the Arabian Gulf. The complex is part of Sharjah Waterfront City in the Al Hamriya area. The project consists of six facilities. Each pair of buildings consists of 6 residential floors and a ground floor, united by a common podium, on the roof of which are located: a recreation area with a swimming pool, a playground and a SPA center. The complex has 600 residential units, including studios and apartments with 1-2 bedrooms. All residences are equipped with smart technologies. The balconies offer stunning views of the beach. There are also many services and amenities available in the complex: 24-hour security, parking, intercom, swimming pool, children's pool, playground, gym, running tracks, sports fields, recreation area with barbecue, beach area, landscaped gardens, boutiques, restaurants and cafes, entertainment areas. There are many schools, kindergartens, hospitals and other infrastructure facilities located near the complex. The project has convenient transport links, including Water Taxi and Union Train. Umm Al Quwain Road is 2 minutes away, Mohammed Bin Zayed Road is 8 minutes away, and Emirates Road is 11 minutes away. Dubai International Airport is a 35-minute drive away, and Sharjah International Airport is a 22-minute drive away.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Blue Bay Walk launch basis | 550 | AED 495,000 | Current launch / asking basis |
| Hamriya West ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Hamriya West premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |















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Hamriya West
Blue Bay Walk by Ajmal Makan
Located in Hamriya West
Starting from AED 495,000
Unit mix includes Studio, 1 BR, Apartments
Expected handover: Dec 2024
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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