Shurooq, the Sharjah Investment and Development Authority, has launched Phase 3 of Ajwan Khorfakkan residences, introducing two new residential towers, Layan and Juman, on the Emirate’s East Coast. The development is gaining attention as a growing destination for residents and investors.
New residential towers
Phase 3 offers a mix of two, three, and four-bedroom apartments, alongside premium three- and four-bedroom duplexes. Layan provides direct access to the seafront boardwalk and nearby commercial spaces, while Juman features marina views and waterfront promenades.
Darwish Engineering Emirates has been appointed as the main contractor for the project. Baha Nahawi, General Manager of Darwish Engineering Emirates, said: “We are proud to be appointed as the main contractor for Ajwan Khorfakkan residences, a project that reflects the ambitious vision for Sharjah’s East Coast. We thank Shurooq for placing their trust in us, and we are committed to delivering exceptional quality that complements the natural beauty and potential of this unique destination, while meeting the expectations of future homeowners.”
Project features
The development spans 89,100 sqm across six residential buildings with 185 apartments. Amenities include a private marina, beach access, swimming pools, gyms, landscaped areas, and retail and F&B outlets. The project is designed to combine resort-style living with community-focused spaces.
Yousif Ahmed Al Mutawa, Chief Real Estate Officer at Shurooq, said: “We are delighted to launch Phase 3 of Ajwan Khorfakkan residences, marking a significant milestone for the project and the realization of Shurooq’s vision for Khorfakkan’s transformation into a premier coastal destination.
“The two new towers, Layan and Juman, offer a harmonious blend of sophisticated design and natural beauty, presenting an incredible investment opportunity in scenic Khorfakkan. With the appointment of Darwish Engineering Emirates as the main contractor, we are confident in our ability to deliver a project that reflects Shurooq Real Estate’s commitment to quality and community-centric development, supported by world-class amenities, superb connectivity, and a lifestyle enriched by nature.”
Market context
Earlier phases of Ajwan Khorfakkan have seen strong sales, reflecting growing demand for beachfront properties in Sharjah. The emirate’s real estate market recorded property transactions worth Dhs 44.3 billion during the first nine months of 2025, a 58.3 percent increase compared to the same period in 2024.
Ajwan Khorfakkan residences form part of Shurooq’s broader real estate portfolio, which includes Maryam Island and Sharjah Sustainable City, emphasizing sustainable and lifestyle-oriented living.
tanvir@dubainewsweek.com
