
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.
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 Pearls launch basis | 516 | AED 464,000 | 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 |

























Blue Pearls official render 1

Blue Pearls official render 2

Blue Pearls official render 3

Blue Pearls official render 4

Blue Pearls official render 5

Blue Pearls official render 6

Blue Pearls official render 7

Blue Pearls official render 8

Blue Pearls official render 9

Blue Pearls official render 10
Astraterra Properties
Download official marketing materials from Ajmal Makan.
Contact us for detailed payment schedule and milestones
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Hamriya West
Blue Pearls by Ajmal Makan
Located in Hamriya West
Starting from AED 464,000
Unit mix includes Studio, 2 BR, Apartments
Expected handover: Dec 2025
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Register Your Interest