Blue Waves at Bluebay Walk, Sharjah Waterfront City
What This Project Is and Who Built It
Blue Waves at Bluebay Walk is a residential apartment development by Ajmal Makan, sitting within their broader Ajmal Makan City master plan on Sharjah's waterfront. Ajmal Makan is the developer behind the entire Bluebay Walk strip, so this is not a one-off project dropped into someone else's land. They control the surrounding environment, which matters for how the community develops over time.
The project broke ground in May 2025. Completion is targeted for December 2025, which is a tight build window. Given that the updated project data is from April 2026, there is a real possibility this development has already reached handover or is very close to it. Verify the current construction status directly before making any decisions. If it has handed over, you are buying a ready or near-ready unit, not a long off-plan wait.
Where Sharjah Waterfront City Actually Puts You
Sharjah Waterfront City sits on the emirate's northern coastline, away from the congested inner city. Bluebay Walk is a pedestrian-facing waterfront strip within this master development. For daily life, that means a walkable seafront environment rather than a highway-adjacent block.
The Sharjah-Dubai border is driveable, and many residents in this corridor commute into Dubai. That makes the price point here relevant not just for Sharjah-based buyers but for Dubai workers priced out of that market. For investors, Sharjah's rental market draws a steady pool of mid-income professionals and families who want more space per dirham than Dubai offers. Waterfront addresses in Sharjah command a premium over comparable inland stock.
What AED 509K to AED 844K Covers
The price range here spans AED 509,000 to AED 844,000. That is a meaningful spread of around AED 335,000, and it tells you this is not a one-size development.
At the lower end, you are likely looking at a studio or compact one-bedroom. That buyer is either an investor chasing yield or a single professional wanting a foothold in a waterfront address without stretching their budget. At the upper end, AED 844,000 points toward a larger one-bedroom or possibly a two-bedroom unit. That buyer typically wants to live there, values the water-facing position, and is thinking about family practicality alongside the lifestyle element. The spread is not unusual for a mixed-unit apartment project of this type, but buyers should clarify exact unit sizes and floor positions at each price point before drawing comparisons.
The Units on Offer
All available properties are apartments. This is a single-asset-class building. There are no villas, townhouses, or retail units in the mix here.
Amenities: What the Project Includes
| Category | Facilities |
|---|---|
| Fitness and Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor and Leisure | Landscaped Gardens, Children's Play Area |
| Food and Beverage | Restaurants |
| Security | CCTV Security |
The indoor pool stands out as a practical choice for a waterfront project in a region where summer heat can make outdoor amenities unusable for months. It extends usability year-round. The restaurant provision within the development reduces the need to drive out for casual meals, which reinforces the walkable lifestyle the location is meant to support. The children's play area confirms this is targeting families, not just young singles or pure investors.
Getting In for 30%
| Stage | Percentage |
|---|---|
| Down payment | 30% |
| During construction | 10% |
| On handover | 60% |
The structure here front-loads a significant chunk at handover. With 60% due at keys, buyers need to have their mortgage or funds arranged well ahead of completion. The down payment of 30% is broadly in line with the market but not low. The construction instalment is light at just 10%, which keeps cash outflow minimal between signing and handover. There is no post-handover payment plan. If you are relying on rental income to cover financing costs, that income only starts once you have paid the bulk of the purchase price at handover. Plan your financing timeline accordingly.