Page 8 - AJMAL MAKAN PR REPORT - OCTOBER 2024

Press Release

AJMAL MAKAN Real Estate Development completes 85

per cent of ‘Blue Pearls’ and ‘Blue Waves’ projects

Bolstered by this remarkable progress, AJMAL MAKAN is on track to

complete both projects ahead of schedule in 2025

16 October 2024: AJMAL MAKAN Real Estate Development, a leading real estate
developer of versatile mixed-used urban cities and communities, announced that it has

successfully completed 85 per cent construction of its flagship projects ‘Blue Pearls’
and ‘Blue Waves,’ located within the expansive AJMAL MAKAN City – Sharjah

Waterfront project.

The developer further stated that all residential units in ‘Blue Waves’ and the majority
of units in ‘Blue Pearls’ have already been sold, as AJMAL MAKAN is currently in

the final stages of project completion. This extraordinary achievement enables the

developer to complete both projects by the first quarter of 2025 as opposed to the
original schedule, which aimed for project handover by the fourth quarter of next

year.

His Excellency Sultan Al Shakrah, CEO of AJMAL MAKAN Real Estate

Development, said, “We are delighted to announce the rapid progress achieved in the

construction of ‘Blue Pearls’ and ‘Blue Waves’ projects, which exemplify our
commitment to elevating benchmarks of excellence and efficiency, while facilitating

best-in-class comfort for residents. Both projects harmonise opulent living and state-
of-the-art amenities, showcasing exquisite designs and panoramic views of the ocean.

The remarkable success of these ventures reaffirms our enduring efforts to consolidate

AJMAL MAKAN’s position as an industry leader in developing opulent real estate
properties, integrated urban projects, waterfront developments and iconic landmarks

that further enrich Sharjah’s unique architectural landscape.”

Farid Jamal, the General Manager of Sales and Marketing at AJMAL MAKAN
Real Estate Development, said: “We are pleased to announce that 85 per cent of our

projects ‘Blue Waves’ and ‘Blue Pearls’ have been successfully completed, with all