The success of Ajwan Khorfakkan is reflective of the region's impressive performance overall, with Khorfakkan recording AED 262.4 million in transactions during Q1-Q3 2024.
Ajwan Khorfakkan offers incredible amenities, including direct access to a private beach and a boardwalk with stunning Marina views, ensuring residents can enjoy exclusive waterfront living.
Sharjah, UAE; 28 January 2025: Shurooq's flagship development Ajwan Khorfakkan has successfully concluded its participation at ACRES 2025 at Expo Centre Sharjah, marking a significant milestone with the launch of Mawj and Ghadeer – the two new residential towers, and achieving over 70% booking rate during the event.
H.E. Ahmed Obaid Al Qaseer, Chief Executive Officer of Shurooq, said: “We have received an overwhelming response to Mawj and Ghadeer towers at ACRES 2025, reflecting the growing confidence in Khorfakkan's real estate market and Sharjah's vision for sustainable development. Ajwan Khorfakkan stands as a testament to Shurooq's commitment to developing community-centric projects that blend luxury with wellness. Through this development, we aim to provide both local and international buyers with unique investment opportunities and second-home options, offering a lifestyle defined by relaxation, comfort, and long-term value. Alongside our other pioneering developments, such as Sharjah Sustainable City and Maryam Island, we continue to set new benchmarks for innovative, sustainable living spaces in the region, all empowered by the visionary Leadership of Sharjah.”
The success of Ajwan Khorfakkan reflects the impressive overall performance, with Sharjah’s real estate transactions reaching a volume of AED 40 billion in 2024, representing a 48% growth compared to 2023. During ACRES 2025, prospective buyers benefited from a 50% discount on property registration fees, making it an exceptional opportunity for investment in the UAE’s hottest and most picturesque emerging destination. Ajwan Khorfakkan by Shurooq Achieves Over 70% Sales at ACRES 2025
The newly launched towers are part of Ajwan's masterplan spanning 65,269 sqm, which will ultimately feature six residential buildings offering 185 premium apartments. Each residence within Mawj and Ghadeer has been meticulously designed to maximize views of either the Arabian Sea or Khorfakkan's mountain landscape, offering a range of two, three, and four-bedroom apartments alongside premium duplexes.
Ajwan, which derives its name from the Arabic word "Jawn" meaning a small bay, represents a cornerstone development in Shurooq's portfolio. The project offers direct beach access, a marina boardwalk, and world-class amenities, establishing new standards for luxury waterfront living in the UAE's emerging East Coast destination.
Ajwan Khorfakkan offers a variety of apartment types, including two-bedroom, three-bedroom, and four-bedroom apartments, as well as three-bedroom and four-bedroom duplexes. The development offers incredible amenities, including direct access to the private beach and a boardwalk with stunning Marina views, ensuring residents can enjoy exclusive waterfront living.
Additionally, sales remain open for the remaining units in phase-1's Al Joon and Saahil towers, providing investors further opportunities to participate in this landmark development.
For more information about Ajwan Khorfakkan, please call 800 AJWAN (25926).
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