The View Island
Off-Plan

The View Island

From AED 2.49M·Handover Mar 2028·20% down payment Payment
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AED 2.49M
Starting Price
Mar 2028
Handover
20% down payment
Payment Plan
4 BR · 5 BR
Type

Project Overview

The View Island is a premium residential development comprising a collection of exclusive villas and townhouses by developer Ajmal Macan City, located on the coast in the developed neighbourhood of Al Hamriya, Sharjah. The development comprises the 5-bedroom Aryam Villa on two floors and the 4-bedroom Alba and Perla townhouses on two floors. The interiors are decorated in an elegant style that combines design with functionality. The panoramic windows offer incredible views of the clear sea. Each villa and townhouse has parking spaces and a comfortable seating area amidst the green landscape. All residences have a private swimming pool. The residents of The View Island are provided with many amenities for a comfortable lifestyle. The complex has a children's playground, water slides, a lake, cycle paths, a park for walking, various cafes and shopping areas. The project has an excellent location and offers easy access to neighbouring emirates. Umm Al Quwain can be reached in 20 minutes, Ajman in 25 minutes and Ras Al Khaimah in an hour. Sharjah International Airport is about half an hour away. With a prime location and first-class infrastructure, the luxury residences at The View Island make an excellent place to live or invest.

Project Specifications
DeveloperAjmal Makan
LocationHamriya West
Unit Types4 BR, 5 BR, Townhouse
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 107,616 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,314
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 162,110 / 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
The View Island launch basis2,771AED 2.49MCurrent 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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The View Island official render 1

The View Island official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Ajmal Makan.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Bike path
Club house
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Parking
Private beach access
Private pool
Social zone
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

The View Island by Ajmal Makan

02

Located in Hamriya West

03

Starting from AED 2,494,000

04

Unit mix includes 4 BR, 5 BR, Townhouse

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for The View Island

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