A
ReadyApartments
Al Mamsha
Muwaileh, Sharjah · Sharjah — by Alef Group
Price from
AED 620K – AED 1.9M
Bedrooms
Studio–3 BR
Handover
Ready
Price / sqft
~7% yield
Al Mamsha is Sharjah's first fully pedestrianised freehold community, delivered by Alef Group in Muwaileh from 2022. Studios to 3-bed apartments sit above a car-free retail promenade, freehold to all nationalities, from about AED 620,000. Strong walk-up retail and tenant demand supports 7% gross yields.
Why it makes lists
- Sharjah's first fully walkable freehold community
- Car-free retail promenade at ground level
- Freehold for all nationalities
Payment structure
Cash / Mortgage
Booking / down payment100% · AED 620,000
Delivered stock; mortgage-eligible resale. Figures shown against the entry price; confirm the current schedule with our desk.
DLD fee (4%)
AED 24,800
Trustee + admin
≈ AED 4,500
All-in entry estimate
AED 649,300
AG
Alef Group
Tier 2 developer · Sharjah developer managing over AED 12bn in assets; developer of Al Mamsha and Hayyan · since 2013
Runs in the same set
A
Off-Plan
Muwaileh, Sharjah · Sharjah
Al Mamsha Seerah
Alef Group
AED 700K – AED 2.4M
Studio–3 BR · 50/50
A
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Majid Al Futtaim (Sharjah Holding)
AED 1.6M – AED 5M
1 BR apts & 3–5 BR villas · Cash / Mortgage
Z
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Studio–3BR · Ready — mortgage/cash