What is the location of Nama 5 by Alef Group?

Nama 5 by Alef Group is located in the Al Mamsha Raseel community in Sharjah, a well-connected area that emphasizes a pedestrian-friendly lifestyle. With close proximity to University City and other major Sharjah destinations, the development offers residents easy access to essential services and city highlights.

What types of properties are offered at Nama 5 by Alef Group?

Property at Nama 5 at Al Mamsha Raseel offers a choice of 1-, 2-, and 3-bedroom apartments, each with spacious layouts and modern designs. The variety of sizes makes it suitable for a range of needs, whether for singles, couples, or families looking for property in Sharjah.

What are the details of starting prices for property at Nama 5 by Alef Group?

Starting prices for apartments at Nama 5 at Al Mamsha Raseel depend on the type of unit. A 1-bedroom apartment starts at AED 729,000 (around $198,500), 2-bedroom units from AED 1,349,000 (approximately $367,300), and 3-bedroom units begin at AED 1,649,000 (about $449,000), catering to various budget needs.

What is the expected handover date for Nama 5 by Alef Group?

The anticipated handover for Nama 5 at Al Mamsha Raseel is set for Q3 2028, allowing buyers sufficient time to plan their move.

What payment plans are offered for buying property at Nama 5 by Alef Group?

Alef Group provides flexible payment options. For 1-bedroom units, the plan includes 10% down payment, 40% during construction, 20% at handover, and 30% post-handover. For 2- and 3-bedroom units, it includes a 10% down payment, 40% during construction, 10% at handover, and 40% post-handover. These payment options aim to make it easier for both local and international investors to buy property at Nama 5 at Al Mamsha Raseel.

Who would be best suited for buying an apartment at Nama 5 by Alef Group?

Apartments at Nama 5 by Alef are ideal for individuals and families seeking a lifestyle-focused property in Sharjah. It also appeals to investors due to its well-rounded amenities, convenient location, and investment potential in an established, freehold community.

Nama 5 by Alef Group — Apartments in Sharjah, Al Mamsha Raseel

Nama 5 by Alef Group is a newly launched residential development located within the pedestrian-friendly community of Al Mamsha Raseel in Sharjah. Known for creating thoughtfully designed living spaces, Alef Group brings a modern approach to architecture.

The property at Nama 5 by Alef offers a selection of 1-, 2-, and 3-bedroom apartments. These residences feature open layouts and floor-to-ceiling windows, allowing natural light to enhance the interiors. With varying apartment sizes, from 646 sqft (60 m2) to 1,798 sqft (167 m2), the development caters to different preferences, providing both compact units for individual buyers and spacious options for families.

Nama 5’s design incorporates high-quality materials, including full-body ceramic flooring and Italian fixtures, and each apartment at Nama 5 by Alef is equipped with home automation systems that enable easy control of essential functions. Amenities are abundant, with multiple swimming pools, a children’s water park, landscaped green spaces, and pedestrian-shaded pathways. Residents will also benefit from underground parking, advanced CCTV security, and energy-efficient building features.

The payment plan for Nama 5 involves a 10% down payment, 40% during construction, and the remaining balance divided between handover and post-handover periods, providing flexible options based on the unit type. Nama 5 at Al Mamsha Raseel is expected to handover in Q3 2028. Located near key landmarks like the University City of Sharjah and Sharjah Healthcare City, the development promises an ideal balance of convenience, comfort, and lifestyle amenities in a prime Sharjah setting.

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Al Mamsha Raseel is a vibrant residential community located in the heart of Sharjah, close to key landmarks and urban conveniences. Positioned along Sheikh Mohammed bin Zayed Road, this development enjoys easy access to other parts of Sharjah and neighboring emirates, making it particularly appealing to those seeking a modern property in Sharjah with accessibility and an enriched lifestyle. Just minutes away from University City, the area is surrounded by some of the region's most prestigious educational institutions, including the University of Sharjah and the American University of Sharjah, making it ideal for families and students.

One of Al Mamsha Raseel’s biggest advantages is its pedestrian-friendly design, which offers safe, shaded walkways that connect residents to various amenities and entertainment options. The community features a blend of retail and dining establishments, from cafes and restaurants to boutiques and essential services, all located within walking distance. Additionally, those owning property in Al Mamsha Raseel have convenient access to numerous shopping centers, ensuring that residents are well-connected to groceries, fashion outlets, and specialty stores.

For healthcare, Al Mamsha Raseel is strategically located near Sharjah Healthcare City, offering residents top-tier medical services and quick access to clinics and hospitals. Recreational options are abundant, with parks, children’s play areas, and family-friendly entertainment facilities, creating a lively and engaging environment for all ages. The community’s emphasis on aqua-themed amenities, including water parks and pools, adds an extra dimension of leisure. Overall, Al Mamsha Raseel combines convenience, safety, and an active lifestyle, making it one of Sharjah’s most dynamic residential communities.

Nama 5 at Al Mamsha Raseel offers a strong economic appeal for investors and residents seeking apartments in Sharjah. Situated in a freehold area, the development provides property ownership opportunities for both UAE nationals and foreign buyers, giving them full rights to their investments. This adds to the appeal for international investors looking to establish a secure base in the UAE.

An attractive aspect of investing in apartments at Nama 5 by Alef is the opportunity to obtain a UAE residency visa. Investors buying property at Al Mamsha Raseel valued at AED 750,000 (~$204,000) or above qualify for a 2-year UAE residency visa. This visa provides the flexibility of long-term residence in the UAE, allowing for multiple entries and exits, making it an ideal option for both frequent travelers and those planning extended stays.

The expected return on investment (ROI) in apartments at Al Mamsha Raseel is competitive within the Sharjah real estate market. Given its strategic location, modern infrastructure, and proximity to educational institutions, healthcare centers, and retail hubs, the development attracts both local and international tenants. Nama 5 is ideally suited for a range of buyers, from families looking for a safe and community-oriented living environment to young professionals and students who value accessibility to University City and Sharjah’s business centers.