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Sharjah: Dh25-billion coastal development to house over 60,000 residents, boost real estate market
Sharjah Waterfront project in Al Hamriyah will seamlessly blend modern urban living with sustainable, eco-friendly practices
- PUBLISHED: Mon 17 Mar 2025, 8:22 PM
The real estate sector in Sharjah is undergoing a major transformation with the launch of the Ajmal Makan City – Sharjah Waterfront project in Al Hamriyah, a coastal development valued at Dh25 billion (US$ 6.8 billion). Spanning over 60 million sqft, this ambitious project will include a diverse range of residential, commercial, and tourism facilities.
Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development, shared updates on the project, revealing that the project will house more than 60,000 residents across eight islands. It will seamlessly blend modern urban living with sustainable, eco-friendly practices.
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Al Shakrah highlighted that as construction continues, Ajmal Makan City will not only significantly boost Sharjah’s real estate sector but also create thousands of jobs across various industries, including real estate, infrastructure, retail, hospitality, education, healthcare, and entertainment.
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He emphasised that this large-scale freehold project has already attracted significant interest from local and international investors and plays a key role in Sharjah’s economic diversification strategy.
Already attracting considerable interest from both local and international investors, the project plays a vital role in Sharjah’s economic diversification strategy. As the master developer, Ajmal Makan Real Estate Development has also launched several new initiatives, including Al Thuraya Island, The View Island, and Blue Beach Residence.
Additionally, the project is progressing rapidly with the completion of the first and second phases of Sun Island. The Blue Bay Walk project, developed in three phases, has seen its first phase completed, with the second and third phases finished ahead of schedule and now being handed over.
The development will feature 1,500 villas, mid-rise buildings, hotels, retail spaces, a university, schools, a theme park, and various other attractions. All of these elements are set to have a profound impact on Sharjah’s real estate landscape.
Furthermore, the project will extend the emirate’s coastline by 36km and will include a marina with 800 yacht berths, a 1.6-million sqft theme park, a 3-million sqft shopping mall, waterfront restaurants, cafes, and entertainment venues.
True to Sharjah’s sustainability goals, 60 per cent of the project will be dedicated to green spaces, beaches, and public areas. With its modern infrastructure, eco-conscious design, and waterfront living options, Ajmal Makan City is poised to become a key destination for residents, tourists, and investors alike.