The View Island — project image
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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
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 107,616 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,314
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.15M / 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 Ajmal Makan.

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Payment Structure

20% down payment

Published payment summary

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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

Hamriya West

Developer and Project Facts

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

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

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