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    “Ajmal Makan” Showcases Waterfront Projects in the Al Hamriyah Area of Sharjah

    Emirates News Agency

    Ajmal Makan” Showcases Waterfront Projects in the Al Hamriyah Area of Sharjah

    Sharjah, April 22 / WAM /Ajmal Makan Real Estate Development showcased its new residential projects on the man-made islands along the Hamriyah coast in Sharjah during an exclusive exhibition held today. The projects are valued at AED 25 billion and were presented in the presence of a number of investors from the UAE, GCC countries, India, Pakistan, Russia, China, and Europe, who are seeking long-term investment value and rental returns.

    Sultan Al Shakrah, CEO of Ajmal Makan Real Estate Development, stated that demand for waterfront properties in Sharjah is witnessing significant acceleration. This is attributed to the limited supply and growing interest in lifestyle-focused investments. Through this event, we are able to provide a firsthand look at projects that represent architectural excellence and offer long-term value, while also contributing to the development of vibrant residential communities

    The exhibition is expected to highlight Sharjah’s rising status in the luxury waterfront real estate scene, especially with hundreds of investors registered and strong interest from both regional and international buyers. With robust prospects for capital growth and strategic coastal expansion, Sharjah is emerging as an attractive destination for global investors amid the steady growth of its real estate sector driven by increasing local and international buyer interest.
    Coastal properties are experiencing high demand across the UAE. According to statistics from Property Monitor, waterfront residential projects have seen a 17% year-on-year price increase, while selected areas in Sharjah have recorded growth of up to 20%. Sharjah remains one of the few emirates that offer freehold ownership of beachfront properties to all nationalities—an important factor attracting global investors seeking capital growth and a desirable lifestyle. Estimates from Bayut and Dubizzle indicate that rental yields for waterfront properties in Sharjah range between 5% and 8%, further reinforcing Ajmal Makan’s position as an attractive investment opportunity.
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