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Palace Residences Al Mamsha

Muwaileh Commercial, Sharjah · Alef Group

Price from AED 1,445,000

Project facts

Developer
Alef Group
Emirate
Sharjah
Status
Under construction
Handover
Q4 2029
Price per m²
AED 17,507
Units
266
Floors
9
Project area
27,660 m²
Project type
Residential building
Ownership
Freehold
Service charge
161 AED per m² per year

Floor plans and prices

TypeAvailableAreaPrice
1 bedroom5176–83 m² (815+ sq ft)AED 1,445,000 – AED 1,630,000
2 bedrooms25109–129 m² (1,169+ sq ft)AED 2,035,000 – AED 2,430,000
3 bedrooms5177–201 m² (1,901+ sq ft)AED 3,155,000 – AED 3,520,000

Developer payment plan

  • 14%on booking
  • 30%during construction
  • 60%on handover

On top of the price: SLD fee 4%

About the project

Palace Residences Al Mamsha is a residential project under construction in Muwaileh Commercial, Sharjah, developed by Alef Group with Emaar Hospitality Group, which owns the Palace brand. This will be the first residential building under the Palace brand in Sharjah. Handover is planned for Q4 2029.

Apartments and Sizes The project will have 266 units across 9 floors, in one, two and three bedroom layouts. One bedroom apartments range from 75.73 m² to 83.09 m² and start at 1,445,000 AED. Two bedroom apartments range from 108.57 m² to 128.6 m² and start at 2,035,000 AED. Three bedroom apartments range from 176.62 m² to 201.06 m² and start at 3,155,000 AED. Every apartment will have a balcony, with balcony sizes from 12 to 50 m².

Ownership and Payment All apartments are sold as freehold. The payment plan is split into 14% on booking, 30% during construction and 60% on handover, so most of the price is paid when the keys are received. The service charge is 161.46 AED per m² per year.

The Pedestrian District Al Mamsha is the first district in Sharjah planned around the pedestrian, with paths free of cars, and the building stands on its southern side. Boulevards will be planted with greenery and shaded alleys will run alongside them, and a network of shaded paths will cross the project's own grounds. The garden will use local drought tolerant plants to reduce water use. 06 Mall and Al Mamsha Souks are nearby, and the building has a direct exit onto University City Road.

Podium Garden and Amenities Two towers will rise above a shared landscaped podium, which will hold shops and restaurants at its level, with parking and communal rooms inside it. Above, there will be shaded seating, planted terraces and quiet paths. The project includes a pool for adults and a family pool, a gym in a glass enclosure facing the garden, children's play areas and family seating zones.

Interiors and Parking Apartments will have floor to ceiling windows, built in wardrobes, an open living and dining room and a modern kitchen, finished in white, grey and natural wood tones with light blue and milky tile accents. Kitchens and bathrooms will have Corian counters, and each apartment will be ready for smart home connection. Two levels of underground parking will serve residents and guests, with security, access control and video surveillance.

Amenities

  • Kids' play area
  • Landscaped garden
  • Gym
  • Pool

Location

Muwaileh Commercial, Sharjah. Open on the map

Questions and answers

How much does a home in Palace Residences Al Mamsha cost?

Prices start from AED 1,445,000.

When is the handover of Palace Residences Al Mamsha?

The planned handover date is Q4 2029.

Who is the developer of Palace Residences Al Mamsha?

The project is developed by Alef Group.

What is the payment plan for Palace Residences Al Mamsha?

14% on booking · 30% during construction · 60% on handover.

Where is Palace Residences Al Mamsha located?

Muwaileh Commercial, Sharjah.

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