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Shurooq’s visionary Ajwan Khorfakkan grabs interest at IREIS RAK

November 04, 2025 / 5:41 PM
Shurooq’s visionary Ajwan Khorfakkan grabs interest at IREIS RAK
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Sharjah 24: The Sharjah Investment and Development Authority (Shurooq), through its real estate arm, showcased Ajwan Khorfakkan at the International Real Estate Investment Summit (IREIS) by Cityscape, held on 30–31 October in Ras Al Khaimah, UAE.

During the event, hundreds of delegates from different countries visited the Ajwan Khorfakkan stand to inquire about this upcoming luxury beachfront development and explore Shurooq’s vision for a refined luxury coastal lifestyle.

The two-day global investment event, which brought together over 500 delegates, 200 global investors, and 40 expert speakers, served as a prominent platform to highlight projects such as Ajwan Khorfakkan, emphasizing the importance of investing in wellbeing-focused luxury beachfront developments with strong ROI potential.

Commenting on the occasion, Yousif Ahmed Al Mutawa, Chief Real Estate Officer at Shurooq, said: “Ajwan Khorfakkan is a well-thought-out, strategically located project and the first residential development of its kind at Khorfakkan Beach. The global event IREIS was the perfect platform to showcase the vision behind this project and what it offers. Under Shurooq’s real estate portfolio, all our projects are designed to meet growing demand, whether for beachfront luxury living, wellness-focused communities, sustainable design, or smart technologies. The event, which focused on investment outlook and the future of real estate, including emerging investment destinations across the region, aligned perfectly with Shurooq’s commitment to enhancing the long-term investment prospects that Sharjah and Khorfakkan offer. We at Shurooq remain dedicated to driving innovation and sustainability in every project, ensuring lasting value for our stakeholders and the communities we serve.”

Spanning 89,100 sqm, Ajwan Khorfakkan features a unique collection of apartments with spectacular views of the Gulf of Oman and Khorfakkan’s dramatic mountain landscape. Comprising 185 beautifully designed apartments across six residential buildings, the upcoming development is emerging as one of the UAE’s most desirable destinations for residents and investors. It envisions a thriving, family-friendly community designed to cater to modern lifestyles and experience-driven living.

The project stands as testament to Shurooq’s unwavering commitment to pioneering coastal development in the region. By integrating innovative technologies and prioritizing community wellbeing without compromising on luxury and high-quality craftsmanship, Ajwan Khorfakkan not only redefines modern living standards but also set a benchmark for sustainable growth.

The emirate of Sharjah continues to attract visionary investors and residents, with the real estate sector showing significant growth. In the first nine months of 2025, property transactions reached AED 44.3 billion, a 58.3% increase compared to the same period in 2024, with investors representing 121 nationalities. Building on this strong market momentum, Shurooq Real Estate remains dedicated to delivering developments that contribute positively to both the economy and the environment.

November 04, 2025 / 5:41 PM

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