ReadyApartments
Al Mamsha
Muwaileh, Sharjah · Sharjah · by Alef Group
Details are indicative, confirm with our desk before transacting
Price from
AED 620K
to AED 1.9M
Bedrooms
Studio-3 BR
Apartments
Handover
Ready
Ready
Est. gross yield
7%
indicative
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 the list
- Sharjah's first fully walkable freehold community
- Car-free retail promenade at ground level
- Freehold for all nationalities
Payment structure
Cash / Mortgage
Modelled on entry price AED 620K
Booking / down payment100% · AED 620,000
Delivered stock; mortgage-eligible resale. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.
Cost to entry
What it takes to secure a unit at Al Mamsha: the down payment plus government and trustee costs, before the mortgage question.
Down payment100%
AED 620,000
DLD fee4%
AED 24,800
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 649,300
Down payment 100% + DLD 4% + trustee. Indicative, not financial advice.
AG
Developer
Alef Group
Tier 2 developer · Sharjah developer managing over AED 12bn in assets; developer of Al Mamsha and Hayyan · since 2013
Same set · Sharjah
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