His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has inaugurated the AED700 million ($190.6 million) Khorfakkan Resort, a major waterfront destination developed by Asas Real Estate (
@ASASDevelopment), the property arm of Sharjah Islamic Bank (
@shjislamicbank), in the presence of H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah.
Located on Khorfakkan Beach near the Khorfakkan Amphitheatre and waterfall, Khorfakkan Resort includes 573 residential units, 16 retail outlets, a private beach and a wide range of leisure and hospitality amenities designed to strengthen tourism and investment in Sharjah’s eastern region.
According to WAM, the project offers freehold ownership for all nationalities, further enhancing the appeal of Khorfakkan Resort as Sharjah continues to expand high-quality tourism and residential developments beyond its larger urban centres.
The launch of Khorfakkan Resort reinforces Khorfakkan’s growing position as a coastal lifestyle and tourism destination, supported by continued infrastructure investment, waterfront development and integrated urban planning.
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#Sharjah #KhorfakkanResort #WaterfrontDevelopment #UAERealEstate