Sharjah’s $6.8b coastal development to enhance its real estate landscape

Ajmal Makan City ~ Sharjah Waterfront, a $6.8 billion (Dh35 billion) coastal development, is expected to transform Sharjah’s landscape with over 60 million square feet of mixed-use residential, commercial, and tourism facilities. The update of this development was announced by Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development.

- 

The project will accommodate over 60,000 residents across eight islands, blending modern urban living with sustainable, eco-friendly practices.

“As construction progresses, Ajmal Makan City will not only expand Sharjah’s real estate sector but will continue to the creation of thousands of jobs across diverse industries such as real estate, infrastructure, retail, hospitality, education, healthcare, entertainment, and services.” said Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development. He further explained, “The project's freehold status and scale have already drawn interest from local and international investors, with developers positioning it as a key contributor to Sharjah’s economic diversification strategy.”

‘Ajmal Makan Real Estate Development Company, the project's developer, has launched three new projects, Al Thuraya Island, The View Island and Blue Beach Residence, while the first and second phases of Sun Island have already been delivered. Additionally, Blue Bay Walk, compromising three phases, has seen Phase | delivered, with Phase 2.and 3 completed ahead of schedule and set for delivery.

‘Once completed, Ajmal Makan City~Sharjah Waterfront will be the largest mixed-use residential, commercial, and tourism project in Sharjah. The City is expected to become a benchmark for sustainable urban living, blending modernity with environmental consciousness.