Limited availability
Ajwan Residences Khorfakkan
Where mountains meet the Gulf of Oman, in a gated beachfront community. Private beach, marina and a 5-star hotel anchor on Khorfakkan's East Coast.
LAUNCH PRICE
AED 1.79M
PAYMENT PLAN
30/70
HANDOVER
Dec 2026
ROI POTENTIAL
~5%
About the Project
Overview of Ajwan Residences
Ajwan Residences by SHUROOQ is a residential project with 2–4 BR apartments and duplexes — including garden and sky villas — ranging from 1,267 to 3,251 sq.ft, across 6 low-rise buildings on Khorfakkan's East Coast. The project is built around a dynamic coastal-style design, with large terraces facing the coast. Around the buildings — a private beach, marina, boardwalk and landscaped courtyards. The residences open onto views of the sea, beach, port, mountain, garden and marina.
Al Rabi hiking trail — 3 min
Khorfakkan Waterfalls & Amphitheatre — 5 min
Al Rafisah Dam — 8 min
Al Suhub rest area — 10 min
Sharjah International Airport — 60 min
Dubai — 90 min
Project Details
Starting Price
AED 1.79M (2BR)
Handover
Q4 2026
Payment Plan
30/70
Area
1,267 – 3,251 sq.ft
Property Type
Apartments & Duplexes
Bedrooms
2–4 BR
Developer
SHUROOQ
Location
Khorfakkan Beach, East Coast, Sharjah
Signature Features & Resort-Style Amenities
Ajwan's setting works harder than its amenity list: low-rise buildings sit between the Hajar Mountains and the Gulf of Oman, with Al Rabi hiking trail 3 minutes away, Khorfakkan Waterfalls at 5, Al Rafisah Dam at 8 — within a 65,000 sqm beachfront community anchored by a 16,800 sqm waterpark. Daily life splits between on-site leisure and the landscape outside the gate. For families, the appeal is range: a multipurpose hall and retail cover daily needs, while weekends extend into the mountains.
- Private Beach
- Marina & Boardwalk with Beach Access
- Waterpark
- Indoor & Outdoor Gymnasiums
- Swimming Pools
- Kids' Play Area
- Multipurpose Hall
- Landscaped Areas
- Retail Shops & Dining Outlets
- 5-Star Hotel
Property Types
Ajwan Residences offers 2–4 BR apartments and duplexes — including garden and sky villas — with views of the sea, beach, port, mountain, garden and marina: 2 BR homes from 1,268 to 2,487 sq.ft, 3 BR from 1,724 to 2,885 sq.ft, 4 BR from 2,244 to 3,251 sq.ft, 3 BR duplexes from 2,109 to 2,680 sq.ft, and 4 BR duplexes from 2,629 to 3,154 sq.ft. Every residence is built with a multi-layered coastal-style structure, designed to maximise natural light through large terraces facing the coast.
Payment Plan
Buyers are offered a 30/70 payment plan tied to construction progress, with the balance due on handover: 10% is paid on booking, 20% — during construction, and the remaining 70% on handover.
10%
Down Payment
20%
During Construction
70%
On Handover
Investment Potential
Ajwan enters the market in Sharjah's freehold segment, priced below comparable beachfront product in Dubai and Ras Al Khaimah. Even so, Khorfakkan is increasingly framed by Shurooq and UAE media as the emirate's emerging tourism frontier on the East Coast. The main driver behind it is government-backed development of the area: Shurooq's own real estate portfolio has grown at a 48.9% compound annual rate since 2018, with AED 5.8 billion invested and 96% of units sold across its three flagship projects to date. Ajwan itself has sold 104 of its 185 units for AED 271 million (USD 73.8 million) as of December 2025. Rental demand is likely to rest mainly on tourism and holiday stays tied to the beach, marina and mountains.
As of 2026:
- 100% freehold ownership for international buyers
- Government-backed development under Shurooq's East Coast tourism strategy
- 185 residences in total, with 104 already sold — leaving 81 units available.
- Resort-level infrastructure — private beach, marina and a 5-star hotel anchor
- 30/70 payment plan with the balance due on handover
- 56% of units already sold, reflecting strong absorption since launch
- Yield potential from holiday rentals and capital appreciation, per the developer
Flexible Financing Options
Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.
- Secure a mortgage during construction to maximize leverage
- Combine developer payment plans with tailored bank financing
- Get pre-approved in as little as 3 days
- Conventional and Sharia-compliant financing available
- No hidden fees or added costs
Gallery
Exteriors
Interiors
About Khorfakkan
Ajwan Residences sits on Khorfakkan's East Coast, part of Sharjah's government-led tourism push under Shurooq. Framed by the Hajar Mountains on one side and the Gulf of Oman on the other, with Khorfakkan Beach, the Amphitheatre and Al Rafisah Dam nearby. Connected to Sharjah International Airport in 60 minutes and Dubai in 90.
About Khorfakkan
Ajwan Residences sits on Khorfakkan's East Coast, part of Sharjah's government-led tourism push under Shurooq. Framed by the Hajar Mountains on one side and the Gulf of Oman on the other, with Khorfakkan Beach, the Amphitheatre and Al Rafisah Dam nearby. Connected to Sharjah International Airport in 60 minutes and Dubai in 90.
Natural & Coastal Attractions
Outdoor escapes around Ajwan:
- Al Rabi Hiking Trail
- Khorfakkan Waterfalls & Amphitheatre
- Al Rafisah Dam
- Al Suhub Rest Area
- Metro Connectivity
Premier Healthcare
Top-quality medical care nearby:
- Khorfakkan Hospital
- Khorfakkan Public Health Center
Elite Education
International schools within easy reach:
- East Coast English School
- Khorfakkan Private School
- Victoria International School Khorfakkan
About the Developer
About the Developer
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.
FAQ — Ajwan Residences
Where is Ajwan Residences located?
Ajwan Residences sits on Khorfakkan Beach on the UAE's East Coast, in Sharjah. Al Rabi hiking trail, Khorfakkan Waterfalls & Amphitheatre and Al Rafisah Dam are all close by.
Who is the developer of Ajwan Residences?
Ajwan Residences is developed by SHUROOQ — the Sharjah Investment and Development Authority, the government body behind Maryam Island, the Heart of Sharjah and Khorfakkan Beach. Its real estate portfolio has delivered AED 5.8 billion in investments, with 96% of units sold across its three flagship projects to date.
What property types are available at Ajwan Residences?
Ajwan Residences offers 2–4 BR apartments and duplexes — including garden and sky villas — ranging from 1,268 to 3,251 sq.ft across six low-rise buildings. Residences open onto views of the sea, beach, port, mountain, garden and marina.
What is the starting price at Ajwan Residences?
Prices at Ajwan Residences start from AED 1.79M for a 2 BR apartment.
When is completion planned at Ajwan Residences?
Handover at Ajwan Residences is scheduled for Q4 2026 (December 2026).
What ROI can investors expect at Ajwan Residences?
The developer points to appreciation and holiday-rental potential tied to Khorfakkan's growth as a tourism destination; no fixed yield percentage is published for Ajwan Residences.
Can foreigners buy property at Ajwan Residences?
Yes. Ajwan Residences sits in a freehold zone, so foreign nationals can own property outright.
Can you get a residency visa when buying property in Sharjah, where Ajwan Residences is located?
Buyers investing AED 2M or more may be eligible to apply for the 10-year UAE Golden Visa, subject to current eligibility criteria, covering the owner, their family and household staff.
What amenities are available to residents of Ajwan Residences?
Residents of Ajwan Residences have access to a private beach, marina and boardwalk, a waterpark, gyms, multiple swimming pools, a kids' play area, a multipurpose hall, landscaped areas, retail shops and dining outlets, anchored by a 5-star hotel.
Are there medical centres near Ajwan Residences?
Yes — Khorfakkan Hospital and Khorfakkan Public Health Center are both in Khorfakkan.
Are there schools near Ajwan Residences?
Yes — nearby schools include East Coast English School, Khorfakkan Private School and Victoria International School Khorfakkan.
Is Ajwan Residences a good place to live?
Ajwan Residences sits between the Hajar Mountains and the Gulf of Oman, with hiking trails, waterfalls and a private beach within a few minutes of the gated community. Daily life splits between on-site leisure — the waterpark, pools and gym — and the open landscape just outside the gate, in a town considerably quieter than Dubai or the West Coast. It suits buyers looking for a slower, nature-oriented pace rather than an urban lifestyle.
What payment plan does the developer offer at Ajwan Residences?
Buyers at Ajwan Residences are offered a 30/70 payment plan tied to construction progress, with the balance due on handover: 10% is paid on booking, 20% during construction, and the remaining 70% on handover (Dec 2026).
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