Mawjan Residence
Off-Plan

Mawjan Residence

From AED 1.05M·Handover Jul 2029·5% down payment Payment
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AED 1.05M
Starting Price
Jul 2029
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Mawjan Residence is a modern coastal residential complex in Ajman. The project features three basement levels, a ground level, five podium levels, and forty residential floors, forming a well-planned and functional structure. The development combines a calm, cozy atmosphere with established urban infrastructure, offering a comfortable and balanced lifestyle. The sleek façade with clean lines and panoramic glazing highlights its contemporary design and creates a sense of lightness and openness. Mawjan Residence offers studios, one-, two-, and three-bedroom apartments, as well as spacious penthouses that combine comfort and functionality. The interiors feature well-thought-out layouts and abundant natural light thanks to floor-to-ceiling windows. Modern design solutions and high-quality materials create a sense of comfort and reliability. The complex includes a swimming pool, fitness center, children’s pool, play areas, lounges, yoga spaces, barbecue areas, landscaped gardens, and shared community spaces. The location provides convenient access to key destinations: approximately 55 minutes to Al Maktoum International Airport, 35 minutes to Dubai International Airport, 24 minutes to Sharjah International Airport, and about 45 minutes to Burj Khalifa and The Dubai Mall.

Project Specifications
DeveloperAqaar
LocationAl Rumailah 2
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaAl Rumailah 2
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 45,208 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,634
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 68,100 / 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
Mawjan Residence launch basis1,164AED 1.05MCurrent launch / asking basis
Al Rumailah 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Rumailah 2 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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Mawjan Residence official render 1

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Mawjan Residence official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Aqaar.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Beach Access
Children’s pool
Infinity pool
Kids Play Area
Lift
Lobby
Lounge
Parking
Pool Deck
Pool Lounge
Recreational areas
Rooftop Pool
Shared Pool
Shared gym & fitness
Sitting Area
Terrace Garden
Yoga Area

Location

Al Rumailah 2

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al Rumailah 2Al Rumailah 2Dubai, UAE

Developer Track Record

01

Mawjan Residence by Aqaar

02

Located in Al Rumailah 2

03

Starting from AED 1,047,699

04

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

05

Expected handover: Jul 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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