Ajwan Residences developed by Shurooq (Sharjah Investment and Development Authority) redefines luxury coastal living in Khorfakkan, Sharjah. Giving an exclusive collection of 2 to 4-bedroom apartments plus 3 & 4-bedroom duplexes, this particular iconic development seamlessly blends modern design with breathtaking views of the Gulf waters and majestic mountains.
Spanning six residential buildings across 65,000 sq. m. of built-up area, Ajwan Residences has a masterfully planned beachfront community with a marina, waterpark, retail zone, and five-star hotel. Each particular residence is crafted to maximize space, comfort, and natural light, creating the perfect harmony between urban sophistication plus coastal tranquility.
Placed just moments from Khorfakkan Amphitheatre, waterfalls, and pristine beaches, residents enjoy the best of Sharjah’s natural and cultural attractions while staying well-connected to the rest of the emirate. Ajwan Residences gives more than just houses, it delivers a complete lifestyle of leisure, elegance, and relaxation.
Property Details
| Property Type | Apartment / Duplex Apartments |
| Location | Khorfakkan, Sharjah |
| Developer | Sharjah Investment and Development Authority (Shurooq) |
| Starting Price | AED 1,900,000 |
| Unit Types | 2 to 4 BR Apartments / 3 & 4 BR Duplexes |
| Sizes | 1,657 to 3,358 sq. ft. |
| Down Payment | 10% |
| Payment Plan | 30/70 |
| Handover | Q4 to 2026 |
Features & Amenities
World-Class Lifestyle Amenities
Ajwan Residences gives a curated mix of resort-style facilities that redefine everyday comfort and leisure.
- Beach Access, Direct access to Khorfakkan’s pristine coastline
- Swimming Pools, Separate pools for adults and children
- Waterpark, Coastal-inspired recreation for families
- Gymnasiums, Fully equipped indoor and outdoor fitness areas
- Kids’ Play Area, Safe outdoor recreation zones
- Retail Outlets, Convenient shopping within the community
- Dining Outlets & Restaurants, Premium culinary experiences
- Health Care Centre, Top-class medical and wellness facilities
- Parks & Leisure Areas, Landscaped green spaces and walking trails
- Multi-purpose Hall, Ideal for events and community gatherings
Location & Connectivity
Location: Khorfakkan, Sharjah
Ajwan Residences enjoys a strategic location on Sharjah’s East Coast, mixing natural serenity with convenient city access.
Nearby Attractions:
- Khorfakkan Amphitheatre, 3 mins
- Khorfakkan Waterfalls, 4 mins
- Khorfakkan Beach, 5 mins
- Marina & Waterpark, Within the community
- Sharjah City Centre, 45 mins drive
Connectivity:
- Easy access to E99 & major Sharjah highways
- Seamless connection to Fujairah and Dubai
- Close to educational, retail, and healthcare destinations
Payment Plan
| Milestone | Payment | Details |
| Down Payment | 10% | On Booking Date |
| During Construction | 20% | Easy Installments |
| On Handover | 70% | 100% Completion, Q4 2026 |
Floor Plans
| Category | Unit Type | Layout | Size (Sq. M) | Type |
| 2 Bedroom | 2 BR + Maid | Type 1AD, 1E | 154 to 190 | Apartment |
| 3 Bedroom | 3 BR + Maid | Type 1B, 2 | 199 to 235 | Apartment |
| 3 Bedroom | 3 BR + Maid | Type 3A | 249 | Duplex |
| 4 Bedroom | 4 BR + Maid | Type 2 (7th Floor) | 241 to 244 | Apartment |
| 4 Bedroom | 4 BR + Maid | Type 2 | 312 | Duplex |
Why Invest in Ajwan Residences
- Prime East Coast Location, Positioned along Khorfakkan’s scenic shoreline
- Beachfront Lifestyle, Access to beach, marina, and waterpark within community
- Developed by Shurooq, Backed by Sharjah’s leading investment authority
- Attractive Payment Plan, 10% down payment and 30/70 structure
- Luxury Apartments & Duplexes, Ranging from 2 to 4 bedrooms with modern finishes
- Integrated Community Living, Leisure, retail, and fitness all in one destination
- Strong Rental Demand, Ideal for investors targeting premium Sharjah tenants
FAQs
Q1: Where are Ajwan Residences located?
A: It is located in Khorfakkan, Sharjah, along the East Coast with beach and marina access.
Q2: What types of units are available?
A: 2 to 4 bedroom apartments and 3 & 4 bedroom duplexes.
Q3: What is the starting price?
A: Starting from AED 1.9 million.
Q4: What is the payment plan?
A: 10% down payment, 20% during construction, and 70% on handover.
Q5: When is the project completion?
A: Handover is scheduled for Q4 2026.
Q6: Who is the developer?
A: The project is developed by Shurooq, Sharjah Investment and Development Authority.
Buying here for the first time? Our guide to buying property in Sharjah covers what foreign buyers are actually granted, the communities worth knowing and the full registration process.
Can a foreigner own property in Sharjah
Yes, in approved projects, and the position changed in 2022. A lot of what is still published online describes the old rules, including the UAE federal government portal page on Sharjah, which has not been updated since the change.
The base rule. Article 4 of Sharjah Law No. 5 of 2010 limits the right to own real estate in the emirate to UAE nationals and GCC nationals.
What changed. Sharjah Law No. 2 of 2022, issued on 31 October 2022, amended Article 4 to create exceptions. The following day the Sharjah Executive Council issued Decision No. 30 of 2022, which allows buyers of any nationality to own property of all types and uses inside approved real estate development areas and projects, as absolute ownership not limited by time. That is genuine freehold.
The catch, and it is the important part. Approval is granted project by project, on application, by a committee that includes the Sharjah Real Estate Registration Department, the Land Planning and Survey Department, the Department of Economic Development and Sharjah Municipality. The Executive Council has never published a list of approved projects. So freehold in Sharjah is real, but it is never a blanket emirate wide rule, and every list of Sharjah freehold areas circulating online is assembled from developer marketing rather than from any government instrument.
Where a project has not been approved, the older route still applies. Under Executive Council Resolution No. 26 of 2014, a foreign national can hold a usufruct right of up to 100 years, registered with the Sharjah Real Estate Registration Department. That right can be sold, assigned within the remaining term, leased out and improved. Holders can convert to full ownership by signing a new contract and paying a registration fee reported at 2 per cent.
What to do before you sign. Ask for the approval status of the exact project in writing, and check the title instrument you are being offered, not the wording in the listing. Freehold for all nationalities and freehold for Arabs are portal conventions with no basis in Sharjah law. Cresco Real Estate will obtain the position from the developer and confirm it against the Sharjah Real Estate Registration Department record before you commit. RERA ORN 34288.
Full detail: Property ownership in Sharjah for foreigners, covering Law No. 2 of 2022, Executive Council Decision No. 30 of 2022, the 100 year usufruct under Resolution No. 26 of 2014, registration fees and off plan escrow protection.
More about Sharjah
Read the Cresco area guide to Sharjah. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
You may also want to read work out the rental yield.










