Comprehensive assessment of developer's core competencies
Ajmal Makan is a Sharjah-based master-planned community developer established around 2014, focusing on waterfront residential and mixed-use projects. Its flagship development, Ajmal Makan City (Sharjah Waterfront City), spans approximately 60 million sq ft across eight artificial islands, designed to accommodate around 60,000 residents with 1,500 villas and 95 mid-rise buildings. Key completed and in-progress developments include Sun Island smart villas, Blue Bay Walk towers, Blue Pearls apartments, Al Thuraya Island villas, and View Island homes — all emphasizing green spaces, canals, private beaches, and smart-home features.
Ajmal Makan leverages private capital and repeated project launches to fund its developments. Its City project is among the largest in the Gulf region (~59–60 million sq ft), and the company has received awards for excellence. While it does not publish financial statements, its sustained operations, multi-phased delivery, and numerous ongoing projects suggest stable funding and operational capacity.
The developer emphasizes luxury, waterfront living with integrated eco-design—smart villas, landscaped parks, private beaches, canals, and quality finishes define its offering. Projects like Sun Island have delivered smart-home systems, while Blue Bay Walk and Al Thuraya Island provide seamless indoor-outdoor lifestyles.
Ajmal Makan secures standard development approvals and award recognition. No public records of legal or regulatory infractions are noted. The company’s commitment to launching infrastructure ahead of sales—roads, utilities, canal systems—helps with early regulatory alignment.
Community feedback is mixed. Online forums highlight investment potential and rental yields (first-year ROI up to 15%, long-term yield 7–8%). Some buyers report frustration accessing sites (gated access requiring permission) and long project timelines due to scale. However, Sun Island is said to be completed and handed over.
Ajmal Makan is seen as a leading non-Dubai developer innovating Sharjah’s waterfront landscape. It has received regional awards (e.g., Arabian Business Best Waterfront Project, Al Leem Excellence Awards) and has strong brand presence for integrated coastal communities.
The developer integrates sustainability through eco-friendly canal systems, green zoning, and energy-efficient design. Solar-smart systems and smart-home technologies are embedded in many projects. Recognitions include Al Leem awards for water and energy initiatives.