Ajwan Residences — apartments on the Khorfakkan waterfront
Khorfakkan, Sharjah

Ajwan Residences — apartments on the Khorfakkan waterfront

185 residences with 2–4 BR in a resort-style community by SHUROOQ on Sharjah's East Coast. Private beach, marina and waterpark on site, views of the Gulf of Oman and the Hajar Mountains. An hour from Sharjah Airport, an hour and a half from Dubai.

Launch Price
1.79m
Handover
Q4 2026
Number of Units
185

Project Overview

Ajwan Residences offers 2–4 BR apartments from 1,267 to 3,251 sq.ft, and 3–4 BR duplexes — including Garden Villas and Sky Villas — from 2,109 to 3,154 sq.ft. It's a gated low-rise community of six buildings with views of the sea, beach, mountains, garden, port or marina. On site — a 180,834 sq.ft waterpark, an 80-room 5-star hotel, a private beach, a marina and a boardwalk. Residents have access to gyms, swimming pools, a kids' play area and a multipurpose hall. A few minutes away — Al Rabi hiking trail, Khorfakkan Waterfalls and Amphitheatre, and Al Rafisah Dam.

  • Location
  • Developer
  • Property type
    Apartments Duplexes Villas
  • Number of bedrooms
    2-4
  • Area from
  • Handover
    Q4 2026
  • Payment Plan
    30/70
  • Number of units
    185

Payment Plan

A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!

  • On Booking

    10%

    Payment
  • On construction

    20%

    Payment
  • On Handover

    70%

    Payment

Key points

A complete resort built into a residential community

Ajwan Residences is more than square footage — it's ownership inside a sprawling resort cluster developed by SHUROOQ, Sharjah's government developer. The project is redrawing the map of the UAE's East Coast, turning Khorfakkan into a new magnet for premium tourism. Right at your doorstep: the coast's first waterpark, spanning 16,800 sqm, and a 5-star hotel with 80 rooms. Entry into this gated community starts from AED 1.79M. Investors aren't just buying an apartment — they're buying all-in-one comfort, from a private beach to premium wellness and waterpark thrills, all without leaving the grounds.

Between the sea, the mountains, a waterfall, and a dam

The complex sits in a setting like no other. Just 3 minutes from Ajwan Residences begins the Al Rabi trail, leading to the watchtower of the same name built in 1915, with panoramic views over the town, the bay and the Hajar Mountains. 5 minutes away is the Khorfakkan Amphitheatre and waterfall, one of the East Coast's signature landmarks. 8 minutes away is Al Rafisah Dam, the UAE's largest man-made reservoir, set in a mountain gorge. Residents can enjoy a wide range of leisure minutes from home — and that same variety drives short-term rental demand from two different audiences at once: beach travelers and those chasing hiking and mountain trails.

Amenities

These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.

  • Private Beach icon

    Private Beach

  • Marina icon

    Marina

  • Beach Access icon

    Beach Access

  • Gym icon

    Gym

  • Kids Playgrounds icon

    Kids Playgrounds

  • Multifunctional Hall icon

    Multifunctional Hall

  • Retail Area icon

    Retail Area

  • Access to 5-star hotels icon

    Access to 5-star hotels

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    About the Developer

    SHUROOQ Logo

    SHUROOQ

    Shurooq (Sharjah Investment and Development Authority) is the government body driving Sharjah's tourism and real estate development, with a portfolio including Al Qasba, the Heart of Sharjah and Maryam Island. Its real estate arm has delivered AED 5.8 billion in investments, with 96% of units sold across three flagship projects to date. On the East Coast, Shurooq is building on existing assets such as Khorfakkan Beach to position Khorfakkan as a tourism and investment destination.

    • 1

      Completed projects

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    FAQ

    • Who is the developer of Ajwan Residences?

      Ajwan Residences is developed by SHUROOQ — the Sharjah Investment and Development Authority. The developer is behind key projects across the emirate, including Maryam Island (a joint venture with Eagle Hills), Sharjah Sustainable City (with Diamond Developers), and the Khorfakkan Beach infrastructure.

    • Where is Ajwan Residences located?

      The development sits in Khorfakkan, on Sharjah's East Coast, between the Hajar Mountains and the Gulf of Oman. Al Rabi hiking trail is 3 minutes away, Khorfakkan Amphitheatre and waterfall — 5 minutes, Al Rafisah Dam — 8 minutes, Sharjah Airport — about an hour, and Dubai — an hour and a half.

    • What property types are available at Ajwan Residences?

      Ajwan Residences offers 2–4 BR apartments from 1,267 to 3,251 sq.ft, as well as 3 and 4-bedroom duplexes, including Garden Villas and Sky Villas, from 2,109 to 3,154 sq.ft. Residences open onto views of the sea, beach, mountains, garden, port or marina.

    • How much do apartments and duplexes cost at Ajwan Residences?

      2 BR apartments start from AED 1.79M (USD 487K), 3 BR from AED 2.29M, and 4 BR from AED 2.89M. 3 BR duplexes start from AED 3.79M, and 4 BR duplexes from AED 4.19M.

    • Is a payment plan available at Ajwan Residences?

      Yes, buyers are offered a 30/70 payment plan: 10% on booking, 20% during construction, and 70% on handover.

    • When will construction at Ajwan Residences be completed?

      Handover is scheduled for December 2026.

    • What infrastructure is available at Ajwan Residences?

      The development features a 180,834 sq.ft waterpark — the first on the UAE's East Coast — an 80-room 5-star hotel, a private beach, a marina and a boardwalk with direct beach access. Residents also have access to gyms, swimming pools, a kids' play area, a multipurpose hall and landscaped areas.

    • Can foreigners buy property at Ajwan Residences?

      Yes. Khorfakkan is a freehold zone, so foreign nationals can own property here in full, regardless of value.

    • Can I get a UAE residency visa when buying in Sharjah?

      Investing AED 2M or more makes a buyer eligible to apply for the 10-year Golden Visa, for themselves, their family and household staff.

    • Why invest in Ajwan Residences?

      Sharjah is a self-sustaining growth market: in 2024, transaction value reached AED 40 billion, up 48% year-on-year (Sharjah Real Estate Registration Department). According to Colliers' Q1 2026 report, Sharjah recorded more residential launches than any other Northern Emirate. Khorfakkan, meanwhile, is developing along its own trajectory — as a tourism destination rather than a commuter suburb — and Ajwan Residences, with the coast's first waterpark and a 5-star hotel, is part of that strategy. The developer has already sold 104 of 185 residences, while SHUROOQ's overall portfolio is 96% sold.

    About Metropolitan Premium Properties

    Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.

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    About Metropolitan Premium Properties
    • 18+

      years of experience

    • 7000+

      listings in the database

    • 120+

      industry awards

    • 500+

      agents across all offices

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    Our Services

    01

    Property Management

    Full property management — from valuation and tenant sourcing to payment control and legal support.

    • Tenant selection and screening
    • EJARI registration and lease renewals
    • Handling technical and legal matters
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    02

    Consulting

    Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

    • Company formation and licensing
    • Bank account opening
    • Property gifting & wills
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    03

    Escrow and Conveyancing

    Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

    • Off-plan and secondary properties
    • Cash and mortgage transactions
    • Remote execution via Power of Attorney
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    04

    Property Handover

    Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

    • Document and property verification
    • Utility connections
    • Collection of handover documents and warranties
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    05

    Snagging Inspection

    Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

    • Inspection of engineering systems
    • Quality control
    • Negotiation with the developer
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    06

    Mortgage Assistance

    Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

    • Ready property mortgages
    • Off-plan financing
    • Sharia-compliant programs
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    07

    Interior Design

    Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

    • Design project
    • Author supervision
    • Furnishing
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    08

    Residence Visas

    Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

    • Property Investor Visa
    • Golden Visa
    • Family Visa
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    Our Achievements

    1st place

    Arada Broker Awards 2025

    2nd place

    One Broker Group 2024

    1st place

    The Black Onyx Awards 2024

    2nd place

    Omniyat Broker Awards 2024

    3rd place

    Alhamra Top Broker of the Year 2023

    1st place

    TAG Top Partner 2023

    3rd place

    DAMAC Broker Awards 2023

    3rd place

    IRTH Broker Awards Q3 2024

    What Clients Say About Us

    4.7

    Star
    John Adaya is the best agent I have dealt with. He helped with our communications with the landlord very well, and helped sort the best deal for our stay
    Sevgi Tosun was a fantastic agent. She got me a great deal and managed the entire handover process from start to finish. She was extremely professional and attentive. Highly recommend.
    Thank you for giving us the opportunity to provide our carpet shampoo service. We truly value your trust and look forward to serving you again in the future.
    Мы получили наилучший сервис из возможных! Все в срок, с соблюдением договоренностей, ответственно и профессионально
    In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
    We purchased our house in 2025 through this company, and our experience was truly excellent. Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
    I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
    Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
    It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
    Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
    Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
    I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
    Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову. Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
    A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova. From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
    Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...