Spacious 1-3 Bedroom

Apartments by Alef Group

at Al Mamsha, Sharjah

Palace Residences Al Mamsha is a residential development by Alef Group and Palace in the pedestrianised Al Mamsha district of Sharjah. The project consists of two towers with a shared podium featuring shops and cafes, green courtyards, rooftop swimming pools and all the necessary amenities for comfortable living.

40/60

Payment Plan

Q1 2029

Handover

AED 1,650,000

Starting Price

Palace Residences Al Mamsha by Alef Group at Al Mamsha, Sharjah

Palace Residences Al Mamsha is a residential development by Alef Group and hotel brand Palace in the pedestrianised Al Mamsha district of Sharjah. The project comprises two modern towers connected by a shared podium. The buildings are designed in a classic style: light-coloured facades, large windows, and smooth lines of balconies and terraces. The entrance lobbies resemble those of hotels: spacious halls, a reception desk, comfortable waiting areas, and a concierge service to assist residents with their daily tasks.

Palace Residences Al Mamsha offers 1-, 2- and 3-bedroom apartments. The area of 1-bedroom apartments starts at approximately 796 sqft (74 m²), 2-bedroom apartments at 1162 sqft (108 m²) and 3-bedroom apartments at 1377 sqft (128 m²). The layouts of these properties in Sharjah are designed for comfortable living, with open-plan kitchens connected to the living room, master bedrooms with en-suite bathrooms, and space for wardrobes and storage systems. Large windows provide plenty of natural light and views of the green courtyards and pedestrian streets of Al Mamsha. The interior design of properties at Palace Residences Al Mamsha by Alef Group uses a neutral colour palette — light stone and tiles, warm wooden elements, and soft lighting.

Residents of the apartments at Palace Residences Al Mamsha by Alef Group can enjoy adult and children's swimming pools, gyms, yoga and stretching rooms, gardens and rooftop lounges, as well as family playgrounds and green courtyards. Shops, cafes and restaurants will operate on the podium level.

For buyers of apartments at Palace Residences Al Mamsha by Alef Group, the developer offers a 40/60 interest-free payment plan with a 10% down payment: part of the amount is paid during construction and the remainder after completion. Construction of this property at Al Mamsha is expected to be completed in Q1 2029.

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    Renders may look slightly different than real life photos

    Renders may look slightly different than real life photos

    Floor Plans of Palace Residences Al Mamsha

    1-Bedroom

    2-Bedroom

    3-Bedroom

    1-Bedroom Apartment

    FROM AED 1,650,000 ($449,300)

    Total Area: 796 sqft (74 m²)

    2-Bedroom Apartment

    Total Area: 1162 sqft (108 m²)

    3-Bedroom Apartment

    Total Area: 1377 sqft (128 m²)

    Invest with Attractive 
    40/60 Payment Plan

    Invest with Free-Interest 
    40/60 Payment Plan

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    Property Location
    is Al Mamsha

    Al Mamsha is a modern pedestrian area at Muwaileh in Sharjah, next to University City Road and close to Sheikh Mohammed Bin Zayed Road. The area is designed with walking in mind: it is easy to get around on foot or by bicycle, with cars mainly kept outside the perimeter and in underground car parks. Al Mamsha by Alef Group covers a large area and combines residential complexes, shops, cafes, offices and walking areas in one place.

    The main advantage of Al Mamsha is that it combines a new, convenient lifestyle with a great location. The area has a modern look: wide pedestrian boulevards, shade from trees, small water features, and green courtyards between buildings. At the same time, Muwaileh is located near the university city of Sharjah, so the University of Sharjah and the American University of Sharjah are only a few minutes away by car.

    Inside Al Mamsha and around it, there is already all the infrastructure necessary for life. There is a BinSina Pharmacy and a Modern Clinic, and nearby at Muwaileh there are the Aster Clinic and Medcare Medical Centre Al Zahia, which are a 5-10 minute drive away. Residents of apartments at Al Mamsha most often go shopping at City Centre Al Zahia, Safari Mall and 06 Mall. These shopping centres have supermarkets, clothing stores, children's entertainment and cinemas. Muwaileh is home to the popular GEMS Millennium School Sharjah and Delhi Private School Sharjah. There are private kindergartens for young children.

    The well-known Lebanese restaurant Allo Beirut has already opened at Al Mamsha, and new cafes and family restaurants are popping up around it. On weekends, you can visit Madar at Aljada, Sharjah National Park, and in 15-20 minutes you can reach Al Majaz Waterfront, Al Noor Island and Al Montazah Parks by the lagoon, where there are promenades, attractions and parks.

    Al Mamsha is conveniently located for transport due to its proximity to Sheikh Mohammed Bin Zayed Road. Sharjah Airport is usually about 10-15 minutes away by car, Dubai International Airport is about 20-25 minutes away, and Dubai's main business districts are about half an hour away. There are buses within Muwaileh, but most residents use private cars or taxis.

    Distance from Palace Residences Al Mamsha to Key Locations in Sharjah

    20 MINUTES

    10 MINUTES

    5 MINUTES

    10 MINUTES

    15 MINUTES

    Why Invest in Real Estate
    at Al Mamsha
    ?

    Property at Al Mamsha is considered a good investment primarily due to the steady demand for rentals and the clear returns for owners. The area is located on the freehold zone of Muwaileh, where foreign buyers can register full ownership of apartments. Nearby is a large university town with the University of Sharjah and the American University of Sharjah, as well as many schools, so there is constant demand for housing among students, teachers and employees working in both Sharjah and Dubai. Apartments at Al Mamsha show an average gross yield of around 5.8% per annum: approximately 5.89% is provided by studios, one-bedroom and two-bedroom apartments.

    It is worth noting the overall dynamics of the property market in Sharjah. The volume of property transactions in the emirate has grown significantly over the past year, with an increase in the number of foreign buyers and the share of free sales. Rental rates for apartments in popular areas in 2024 showed double-digit growth — approximately 15% to 25% and above, while prices for property in Sharjah are still significantly lower than in Dubai.

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    Palace Residences Al Mamsha

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