Ajwan Residences Khorfakkan

Ajwan Residences is a gated beachfront community by SHUROOQ on Khorfakkan's East Coast in Sharjah. It comprises 185 apartments and duplexes across six low-rise buildings, offering 2 to 4 bedroom layouts including garden and sky villa formats. Unit sizes range from 1,267 to 3,251 sq.ft with large terraces overlooking the sea, mountains and marina.

Ajwan Residences is developed by SHUROOQ, the Sharjah Investment and Development Authority's real estate arm. SHUROOQ has invested AED 5.8 billion across its portfolio since 2018 and achieved a 48.9% compound annual growth rate, with 96% of units sold across its three flagship projects to date.

Prices at Ajwan Residences start from AED 1,790,000. The range covers 2BR apartments from 1,268 sq.ft, 3BR from 1,724 sq.ft, 4BR from 2,244 sq.ft, and duplexes up to 3,251 sq.ft. As of December 2025, 104 of 185 units have sold for a combined AED 271 million.

Ajwan Residences offers a 30/70 payment plan tied to construction milestones. Buyers pay 10% on booking and 20% in stages during construction, with the remaining 70% due on handover in Q4 2026. This structure keeps the majority of capital outlay at the point of key collection.

Handover for Ajwan Residences is scheduled for Q4 2026. The project is currently off-plan and actively under development by SHUROOQ on Khorfakkan Beach, Sharjah's East Coast, with construction progress linked to the phased payment milestones.

The community includes a private beach, marina and boardwalk, a 16,800 sqm waterpark, indoor and outdoor gymnasiums, swimming pools, kids' play areas, a multipurpose hall, landscaped courtyards, retail shops, dining outlets and an on-site 5-star hotel. The development spans a 65,000 sqm beachfront site.

Ajwan Residences sits on Khorfakkan Beach on Sharjah's East Coast, between the Hajar Mountains and the Gulf of Oman. Al Rabi hiking trail is 3 minutes away, Khorfakkan Waterfalls 5 minutes and Al Rafisah Dam 8 minutes. The location combines beachfront living with direct access to mountain and nature destinations.

Ajwan is priced below comparable beachfront projects in Dubai and Ras Al Khaimah, while Khorfakkan is actively being positioned as Sharjah's East Coast tourism frontier through government-backed development. Rental demand is expected to be driven by tourism, beach stays and mountain tourism. SHUROOQ's track record of 96% sell-through across prior projects supports confidence in delivery and demand.