Blue Beach Residence
Off-Plan

Blue Beach Residence

From AED 827,000·Handover Mar 2028·10% down payment Payment
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AED 827,000
Starting Price
Mar 2028
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Blue Beach Residence is a modern coastal residential complex from Ajmal Makan City, located in Al Hamriya, Sharjah. The complex, consisting of 20 separate buildings, including a ground floor, a podium and six residential floors, offers a wide range of apartments, from stylish one-bedroom options to spacious three-bedroom residences, as well as duplexes with 2-3 bedrooms. The architecture of the Blue Beach Residence is distinguished by its elegant modern design. The complex is presented in bright colors and harmoniously fits into the surrounding coastal landscape. Most apartments have panoramic windows and spacious balconies with spectacular sea views. The interior decoration of the residences is made using high-quality materials. The apartments feature functional layouts, spacious living rooms, modern kitchens and stylish bathrooms. Residents of the Blue Beach Residence can enjoy a wide range of amenities, including a private beach, a swimming pool with sea views, a state-of-the-art fitness center, landscaped gardens with relaxation areas, a children's playground and a rooftop barbecue area. Due to its strategic location, the Blue Beach Residence provides easy access to various amenities and entertainment. The complex is located near Sharjah, Dubai and Umm Al Quwain, as well as major shopping malls, schools and medical facilities.

Project Specifications
DeveloperAjmal Makan
LocationHamriya West
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaHamriya West
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 35,685 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,394
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 53,755 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Blue Beach Residence launch basis919AED 827,000Current launch / asking basis
Hamriya West ready-stock comps1,500AED 1.35MIndicative resale benchmark
Hamriya West premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ajmal Makan.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Beach Access
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Paddle court
Pool Deck
Private beach access
Recreational areas
Resting Areas
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Smart home
Social zone
Sports ground
Walking paths

Location

Hamriya West

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Hamriya WestHamriya WestDubai, UAE

Developer Track Record

01

Blue Beach Residence by Ajmal Makan

02

Located in Hamriya West

03

Starting from AED 827,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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