Sharjah’s real estate market is undergoing a significant transformation with the launch of Ajmal Makan City – Sharjah Waterfront, a $6.8 billion coastal development in Al Hamriyah.

Spanning over 60 million square feet, the project will feature a blend of residential, commercial, and tourism facilities.

“As construction progresses, Ajmal Makan City will play a key role in Sharjah’s real estate sector expansion, creating thousands of jobs across various industries, including real estate, infrastructure, retail, hospitality, education, healthcare, entertainment, and services,” he said.

He noted that this large-scale freehold development has already drawn strong interest from both local and international investors, reinforcing its role in Sharjah’s economic diversification strategy.

Ajmal Makan Real Estate Development has also unveiled three new projects: Al Thuraya Island, The View Island, and Blue Beach Residence. Meanwhile, the first and second phases of Sun Island are complete, and the Blue Bay Walk project, developed in three phases, is ahead of schedule. The second and third phases are currently being handed over.

The project will expand Sharjah’s coastline by 36 kilometers and include a marina with 800 yacht berths, a 1.6-million-square-foot theme park, a 3-million-square-foot shopping mall, and a vibrant selection of waterfront dining and entertainment venues.

Aligned with Sharjah’s sustainability vision, 60% of the development will be dedicated to green spaces, beaches, and public areas, creating a balanced and eco-friendly urban environment.