Mawjan Residence — project image
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
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 45,208 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,634
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 481,942 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Aqaar.

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Payment Structure

5% down payment

Published payment summary

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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

Al Rumailah 2

Developer and Project Facts

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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Property Enquiries

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

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