Blue Pearls — project image
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Blue Pearls

From AED 464,000·Completed Dec 2025·100% down payment Payment
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AED 464,000
Starting Price
Dec 2025
Handover
100% down payment
Payment Plan
Studio · 2 BR
Type

Project Overview

Blue Waves is one of the buildings of the Blue Bay Walk project, from the famous Ajmal Makan City company, which includes two elegant buildings of 6 residential levels each, on a common ground floor and podium, in the prestigious Al Hamriya district, Sharjah. The architecture of the project is characterized by an elegant modern design. The complex is decorated in bright colors and harmoniously fits into the surrounding coastal landscape and offers studios and apartments with 1-2 bedrooms, which offer panoramic sea views. All residences feature high-quality finishes and modern amenities, carefully designed to transform everyday life into a place of permanent tranquility. Residents of Blue Pearls have access to adult and children's pools, a barbecue area, a gym, electric car charging stations, play areas for children, 24-hour security and SPA salons. With private access to the beach, lush gardens and carefully designed urban amenities, this complex is a harmonious blend of nature and modern life. The project has convenient transport links, including Water Taxi and Union Train, to Al Ittihad Road - 1 minute, to Mohammed Bin Zayed Road - 8 minutes, to Emirates Road - 12 minutes. Umm Al Quwain Road is 2 minutes away, Mohammed Bin Zayed Road is 8 minutes away, and Emirates Road is 11 minutes away. It takes 5 minutes to get to Ajman, 8 minutes to Sharjah, 30 minutes to Dubai, and 35 minutes to RAK.

Project Specifications
DeveloperAjmal Makan
LocationHamriya West
Unit TypesStudio, 2 BR, Apartments
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 20,022 / year
Cash-on-Cash
2.2%
Levered cashflow AED 4,710
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 213,440 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Ajmal Makan.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Arbour
BBQ
Central A/C
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Fountain
Kids Play Area
Landscape Open Areas
Landscaped garden
Leisure areas
Lift
Lobby
Open Kids Play Area
Parking
Pool Deck
Private beach access
Resting Areas
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Social zone
Sunken Seating
Walking paths

Location

Blue Pearls location map
Project location

Nearby Destinations

Hamriya West

Developer and Project Facts

01

Blue Pearls by Ajmal Makan

02

Located in Hamriya West

03

Starting from AED 464,000

04

Unit mix includes Studio, 2 BR, Apartments

05

Expected handover: Dec 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

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

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