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Property

A new luxury residential development in Khorfakkan, Sharjah – Ajwan

Ajwan is a brand-new, extravagant residential development in its first phase.

Overview of Ajwan, residential buildings next to the ocean

The newest project by the Sharjah Investment and Development Authority (Shurooq), Ajwan, has attracted considerable interest and buzz from the MENA region. Sharjah’s rapid expansion has been largely aided by Shurooq’s rapidly growing and diverse portfolio of real estate and hotel developments. Their latest venture, Ajwan, continues this legacy, offering a unique, luxurious residential experience on Sharjah’s East Coast.

The Arabic word “Jawn” in its plural form, which refers to a small bay is the inspiration for the name Ajwan – alluding to the project’s unique location. Situated between the national landmark Khorfakkan mountains and the serene Gulf of Oman, Ajwan is an innovative residential development set to redefine upscale living.

Spanning an impressive 65,269 square meters, Ajwan offers a broad range of homes at various price points, making it suitable for a variety of demands and lifestyles. The complex comprises six residential buildings, housing a total of 185 apartments that range from spacious two-, three-, and four-bedroom units to glamorous three- and four-bedroom duplex residences. For temporary stays, visitors have the option to reserve a room in the five-star hotel. Whether a resident is searching for an elegant apartment or a family-friendly place, they can easily find a home that suits their needs and budget.

The complex’s distinctive architecture and strategic location sets it apart from other residential complexes. This visionary property by Shurooq provides first-rate amenities, stunning views, and an idyllic lifestyle inspired by nature’s tranquillity. Recognising this, Ajwan is attracting a lot of interest from real estate investors in the UAE and elsewhere.

The community’s serene views, direct beach access, and an array of water sports and leisure facilities have made it a top choice for those seeking a luxurious beachfront lifestyle. Ajwan is only a five-minute drive from the well-known Al Rabi hiking path, which is the ideal getaway for anybody looking to recharge in the embrace of nature.

overview of Ajwan, buildings next to the ocean and beach

Ahmed Obaid Al Qaseer, CEO of Shurooq, said, “Ajwan is a key component of our comprehensive strategy aimed at harnessing the city’s potential and fulfilling the directives and the vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to showcase the diverse tourism, cultural and investment opportunities in Sharjah. Even as we prepare for the rollout of the second phase, we are delighted at the strong response to the first phase of Ajwan, which has unlocked new opportunities for those looking to invest in world-class real estate projects in the Eastern Region, and I am confident that this project will set a new benchmark for luxury residential communities in the region.”

The ideal location, immersion in nature, and opulent amenities present Ajwan as an excellent opportunity for holiday rentals, making it an attractive investment for those looking to capitalise on the region’s growing tourism sector. It is further poised to cultivate a thriving environment for families, communities, businesses, and tourism in this naturally diverse coastal town.

The new residential complex is currently only in its first phase and will be followed by a second phase shortly.

Read more features here.

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