Скачать или смотреть Ajmal Makan – Sharjah Waterfront City | Project Overview

Developer: Ajmal Makan Real Estate Development, founded in 2014, led by Sheikh Abdullah bin Fahd Al Shaqra (Chairman) and Sultan Al Shaqra (CEO).

Location: Sharjah – Sharjah Waterfront City.

Project Size: Over 60 million square feet.

Development Overview:

8 connected islands.

Over 1,500 villas.

Residential and commercial buildings.

Schools, shopping centers, recreational facilities, and a marina that can accommodate 800 yachts.

Key Projects within the Community:

Sun Island: Around 321 smart villas ranging from 4 to 7 bedrooms. Currently, about 170 villas are occupied.

Blue Bay Walk: 6 residential and commercial towers with stunning waterfront views.

Al Thuraya Island and The View Island: Luxurious villas and palaces on private islands with modern facilities.

Awards:

Ajmal Makan won the "Best Waterfront Development" award in 2018, reflecting their commitment to excellence.

Investment Highlights:

Sun Island Villas Pricing:

Initial launch price: Approx. AED 3.3 million.

Current market price: Ranges between AED 5.5 million to AED 6 million.

Capital Appreciation:

Price growth from AED 3.3M to AED 5.5M reflects approximately 66.67% capital appreciation since launch.

Rental Income:

Average rental yield: Around AED 500,000 annually.

Annual ROI:

ROI = (500,000 / 5,500,000) × 100 = Approximately 9.09%.

Comparison with Palm Jumeirah:

Palm Jumeirah Initial Prices: Villas originally launched at AED 1.7M to AED 1.9M.

Current Prices: Villas now sell between AED 8M to AED 100M depending on location, size, and specifications.

Value Growth: Palm Jumeirah experienced an increase of over 4000% in some cases, making it one of Dubai's most successful long-term investments.

Conclusion:
Ajmal Makan offers a strong investment opportunity today with a solid capital appreciation rate and attractive rental returns, much like Palm Jumeirah did at the early stages of its development.


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