Ajmal Makan City Apartment 12.5% Below OP, Sharjah Waterfront City

Property Overview

This 624 sq ft apartment at Ajmal Makan City, Sharjah Waterfront City, is offered at AED 370,000, against an agent-stated 2023 purchase price of AED 423,000. The asking price is AED 53,000 (12.5%) below the original price, and the agent describes a balcony with a partial sea view.

Property Highlights

• Property type: Apartment (resale; bedroom count not supplied)
• Project: Ajmal Makan City, Sharjah Waterfront City
• Size: 624 sq ft
• View: Partial sea view from the balcony (agent-stated)
• Asking price: AED 370,000
• Original purchase price (agent-stated, 2023): AED 423,000
• Saving versus original price: AED 53,000 (12.5%)
• Price per sq ft: approximately AED 593

Why the Price Qualifies as Below OP

The agent brief states the seller bought the unit in 2023 for AED 423,000 and is now asking AED 370,000. The difference is AED 53,000, or 12.5% below the original price, matching the agent's stated AED 53,000 reduction. Dividing the asking price by 624 sq ft gives approximately AED 593 per sq ft.

The benchmark is the seller's 2023 purchase price as supplied in the agent brief received on 13 October 2026, not a Sharjah Land Department (SLD) transaction record or independent valuation. Buyers should confirm the original price against the SPA or title deed and compare recent SLD-registered transactions for similar units.

About the Project and Community

Ajmal Makan City is a residential project within Sharjah Waterfront City, a waterfront development in Sharjah. Building amenities, construction status and the exact building or phase for this unit were not supplied and should be confirmed with the agent and developer.

Layout, Floor and View

The agent gives the size as 624 sq ft and describes a balcony with a partial sea view. The bedroom count, floor level, bathroom count, furnishing and parking were not supplied and should be confirmed from the SPA or title deed and a viewing.

Status, Payment and Transfer

The brief does not state whether the unit is completed or still under construction, and no payment status, occupancy or service charge was supplied. Sharjah property transfers are registered with the Sharjah Land Department rather than the Dubai Land Department, so buyers should confirm the applicable SLD fees and any developer transfer charges before committing.

Location and Connectivity

Sharjah Waterfront City is located in Sharjah, United Arab Emirates. Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (project, size, view, 2023 purchase price and asking price) come from the agent brief received on 13 October 2026.
• The saving, percentage and price per sq ft are DPF calculations based on those supplied figures.
• No bedroom count, completion status, photographs or documents were supplied with this brief.