SHARJAH: The emirate’s property market is getting a major boost with the launch of Ajmal Makan City – Sharjah Waterfront, a colossal AED25 billion (US$6.8 billion) coastal development in Al Hamriyah.
Spanning over 60 million square feet, the project blends residential, commercial, and tourism spaces, catering to more than 60,000 residents across eight islands. Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development, highlighted that the development focuses on modern urban living, sustainability, and eco-friendly initiatives.
As construction progresses, the project is set to fuel Sharjah’s real estate sector, generating thousands of jobs across multiple industries, including real estate, retail, hospitality, education, and entertainment. It has already attracted strong local and international investor interest, playing a crucial role in Sharjah’s economic diversification.
Ajmal Makan has launched three new projects within the development—Al Thuraya Island, The View Island, and Blue Beach Residence. Meanwhile, Sun Island’s first two phases have been completed, and the Blue Bay Walk project is ahead of schedule, with its final phases being handed over.
The master plan includes 1,500 villas, mid-rise buildings, hotels, retail spaces, a university, schools, and a theme park. The development will extend Sharjah’s coastline by 36 kilometres and feature an 800-berth marina, a 1.6-million-square-foot theme park, a 3-million-square-foot shopping mall, and waterfront dining and entertainment options.
With 60 percent of the area dedicated to green spaces, beaches, and public areas, the project aligns with Sharjah’s sustainability goals. Boasting a prime waterfront location, modern infrastructure, and eco-conscious design, Ajmal Makan City is set to become a landmark destination for residents, tourists, and investors alike.
