Blue Pearls at Bluebay Walk: Apartments from AED 379K on Sharjah's Gulf Coast
Blue Pearls at Bluebay Walk is a residential apartment project by Ajmal Makan, the same company behind Sharjah Waterfront City. The building is part of Ajmal Makan City, a planned waterfront community on Sharjah's Arabian Gulf coast. From here, central Dubai is roughly an hour by road. Sharjah is among the more affordable emirates for property ownership in the UAE, and this project's pricing reflects that positioning directly.
A Community Still Taking Shape
Sharjah Waterfront City is a large-scale master development along the emirate's northern coastline. Ajmal Makan is both the master developer of the community and the builder of Blue Pearls, meaning the same company controls the master plan, common infrastructure, and individual buildings in this zone.
The community is still building out. Residents will have access to the in-building facilities and the Gulf waterfront, but the surrounding neighbourhood is not fully developed. Retail, services, and public amenities in the wider area are at different stages of completion. Buyers selecting Blue Pearls are choosing a developing community over a finished one, in exchange for a lower entry price and direct waterfront access.
What AED 379K to AED 1.05M Buys Here
The price range spans AED 379,000 to AED 1,046,000. All units are apartments. The spread is wide for a single property type and comes from unit size and floor position, not different product categories.
At the lower end, studios and compact one-bedroom units offer some of the more accessible waterfront apartment pricing in the UAE. This end of the range appeals to investors looking for affordable rental exposure, and to first-time buyers who want a Gulf address without stretching their budget. At the upper end, larger units approaching AED 1 million suit buyers looking for more space or a better floor with Gulf views. The spread also means the building contains meaningfully different buyer profiles: a studio investor and a two-bedroom owner-occupier are making different long-term bets on the same address.
Amenities
| Theme | Amenities |
|---|---|
| Outdoor & recreation | Landscaped Gardens, Barbecue Area |
| Fitness & wellness | Gymnasium, Indoor Swimming Pool |
| Family & community | Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
The indoor swimming pool is worth noting. An indoor pool means year-round use, including the Gulf summer months when outdoor facilities are not practical. For residents who use the pool regularly, that distinction is real rather than cosmetic.
The mix of on-site dining, landscaped gardens, and a children's play area signals a family-oriented resident base. The amenity set is complete enough to support day-to-day living without depending on the wider community being finished, which is a practical consideration during a build-out phase.
Timeline
Construction started in June 2024, with a scheduled completion of December 2025. That date has passed. The project is most likely at or near the handover stage, meaning buyers entering now face little to no remaining wait for delivery.
Getting In: 30% Down, 60% at Handover
| Phase | Percentage |
|---|---|
| Down payment | 30% |
| During construction | 10% |
| At handover | 60% |
The 30% down payment is in line with standard UAE off-plan practice. The number that defines this structure is the 60% due at handover. With the scheduled completion date already behind us, the handover tranche is a near-term obligation for buyers entering now, not a future payment spread across years of construction.
There is no post-handover instalment plan, so the full remaining balance settles at key transfer. Mortgage financing, if used, needs to be arranged and approved before the handover payment falls due.