OffplanIndex
Ajman · Off-plan project · July 2026

Mawjan Residence

by Aqaar · Ajman

Likely sold outUnder constructionHandover Q4 202813 priced units1 unit plansLimited data

This project sits outside the full evidence tier: it is in Ajman, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.

Price from
AED 1.05M
AED 1,047,699, in the AED 1M to 2M band
Median AED/sqft
992
across 13 priced records
Paid before handover
41%
27% of it falls after the keys
Scheduled handover
Q4 2028
developer-published date for 2028
Everything the corpus holds on this project

The record

DeveloperAqaar
CommunityNot stated
CityAjman
Sale statusLikely sold out
ConstructionUnder construction
ClassificationOff-plan
Property typesApartment
Bedrooms offeredStudio, 1, 2, 3
Priced unit records13
Unit plans listed1

Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 992 per sqft, and 51% below the Dubai median.

AED 992
This project, AED 992Dubai median, AED 2,021
Against Dubai
-51%
on a median of AED 2,021 from 42,490 priced units

AED per sqft of built-up area, the median across 13 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.

What is due before the keys, and what is not

The payment plan

What the plan is worth
9.49%
plan discount at 5.0% a year
AED 948,306
effective price, against AED 1,047,699 headline
898
effective AED/sqft

This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 9.49% less than the headline, or AED 99,393 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.

This plan states a post-handover tail without saying how long it runs, so it is priced over 24 months, the shorter of the two lengths the corpus states. The real discount is probably deeper than shown. Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.

Mawjan Residence
41%
32%
27%
41%
Before handover
32%
On handover
27%
After handover

On the published entry price of AED 1,047,699 that is AED 429,557 before handover and AED 282,879 after the keys. Run other prices through the payment plan calculator.

Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Ajman in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.