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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.
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Location
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Developer
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Property typeApartments Duplexes Villas
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Number of bedrooms2-4
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Area from
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HandoverQ4 2026
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Payment Plan30/70
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Number of units185
Gallery
Ajwan Residences by SHUROOQ
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!
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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.
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Private Beach
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Marina
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Beach Access
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Gym
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Kids Playgrounds
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Multifunctional Hall
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Retail Area
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Access to 5-star hotels
Amenities
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Private Beach
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Marina
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Beach Access
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Gym
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Kids Playgrounds
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Multifunctional Hall
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Retail Area
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Access to 5-star hotels
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Metropolitan Premium Properties
Real Estate team
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Location
Explore the AreaClick a pin to see route and travel time
About the Developer
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.
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Completed projects
FAQ
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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.
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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.
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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.
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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.
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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.
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When will construction at Ajwan Residences be completed?
Handover is scheduled for December 2026.
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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.
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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.
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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.
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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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18+
years of experience
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7000+
listings in the database
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120+
industry awards
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500+
agents across all offices
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
Ina Stas
July 19, 2026
I had a really great experience with the purchase of two apartments as well as renting out especially with Maria Fuset who is extremely helpful and very communicative!!
Golden Safety
July 17, 2026
It is indeed very good
Elif Dogan
July 17, 2026
We cannot recommend Vian highly enough! From the very beginning, she went above and beyond to make our dream of finding the perfect home a reality. Thanks to her dedication, we found our ideal home in Arabian Ranches.
What truly sets Vian apart is that her support didn't stop once we...
Anil Kumar
July 16, 2026
Excellent service from start to finish. Raghu was professional, responsive, and made the property buying process smooth and stress-free. Highly recommended!
Sushil Agarwal
July 9, 2026
Excellent.
Madhu Borra
July 9, 2026
Raghu’s service has been great.
Jens Engelhardt
July 9, 2026
I have made very good experiences with Metropolitan Properties. I have worked with Raghu Nair - he is very responsive and available 24/7, he has the right instict for the best units and fights like a tiger to get them for his clients :-)
Виктория Куличкова
July 9, 2026
Top company, I recommend
Arun Gupta
July 8, 2026
Excellent service from Raghu Nair at Metropolitan Premium Properties. He was professional, responsive, and guided us smoothly throughout the entire process. Highly recommended!
Abbas Vora
July 7, 2026
I recently bought a secondary unit with Raghu. I had a seamless experience and he tries to be as helpful as possible. Would 100% recommend working with them especially for secondary sales.
Munaf Gasgous
July 7, 2026
Raghu is the best of the best sales person and always doing the close follow up
Highly recommended
Suzan Abuhaniyeh
July 7, 2026
I want to share my experience with Mr. Raghu Nair, his excellence in the way to bring exactly what the customer need , his support 24/7 , he can advice with any questions regarding documents, payments, locations . Thank you
Sajna Mohammed
July 7, 2026
Had a great experience with Metropolitan properties especially with Mr Raghu Nair who is hardworking sincere and honest in his dealings with clients. From assisting in looking out for options to helping get tenants for my apartment to getting mortgage loans, he has been meticulously h...
AMIR AHMED
July 6, 2026
Mr Raghu Nair was extremely helpful, courteous, honest and guided us all along to complete the transaction. He answered all our queries and was available 24/7.
payam eftekhar
July 6, 2026
They are the best
I had deal with them many times
Many Thanks
Specifically mr Raghu Nair
Ajwan Residences by SHUROOQ
New Launch in Khorfakkan by SHUROOQ Explore premium Apartments, Duplexes, Villas starting from 2-4 bedrooms Positioned in the vibrant Khorfakkan area, where the launch price averages 1.79m
This project offers a perfect balance of luxury and value Move-in ready by Q4 2026
Thank you for your interest!
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Consultation
Jamie Lane
Real Estate agent
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Floor plans
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Presentation
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