UAE-based Ajmal Makan Real Estate Development has announced that work is in full swing on its $6.8 billion coastal development, Ajmal Makan City, which, once completed, will be the largest mixed-use residential, commercial and tourism project in Sharjah.
With over 60 million sq ft of mixed-use residential, commercial, and tourism facilities, Ajmal Makan City – Sharjah Waterfront is expected to transform the emirate's landscape.
The development includes 1,500 villas, mid-rise buildings, hotels, and retail spaces, a university, schools a theme park, and other attractions that will be an addition to Sharjah’s real estate landscape.
"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," remarked Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development.
"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," he stated.
The project will accommodate over 60,000 residents across eight islands, blending modern urban living with sustainable, eco-friendly practices, he added.
Giving a project update, Al Shakrah said it had 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, comprising three phases, has seen Phase 1 delivered, with Phase 2 and 3 completed ahead of schedule and set for delivery, he stated.
"Ajmal Makan City is more than just a new urban development - it’s a catalyst for economic growth," remarked Al Shakrah.
"With the creation of thousands of jobs, both in construction and through the businesses and services that will operate within the city, we are not only expanding Sharjah’s real estate sector but also contributing to overall economic prosperity," he added.
According to the developer, the key project will add 36km of coastline, a marina with 800 yacht berths, and a 1.6-million-sq-ft theme park.
A 3-million-sq-ft shopping mall is also being planned, along with waterfront dining and entertainment venues, it added.
Ajmal Makan said 60% of the land area had been allocated to green spaces, beaches, and public areas, aligning with Sharjah’s sustainability goals.
The project’s modern infrastructure, eco-conscious design, and waterfront living options position it as a key destination for residents, tourists, and investors, it added.-TradeArabia News Service
