Palace Residences Al Mamsha by Alef – Apartments for Sale in Sharjah

Palace Residences Al Mamsha is a branded residential development at Al Mamsha in Sharjah. The project is being developed by Alef Group in partnership with the Palace hotel brand, part of Emaar Hospitality Group. The project comprises two residential towers connected by a shared podium with shops and restaurants. The residential development will offer one-, two- and three-bedroom apartments.

The architecture of the development emphasises a contemporary urban style. The towers are elongated, the facades are finished in light sandy tones, and large windows provide plenty of natural light. All apartments at Palace Residences Al Mamsha by Alef Group have balconies and terraces. The podium houses boutiques, a supermarket, cafes and signature restaurants. The inner courtyards will feature landscaped areas with lawns, trees, landscaping and small water features. There will also be playgrounds and cosy areas with benches where you can work on your laptop, read or simply relax. The roof of the podium and the upper levels will feature terraces with views of the Sharjah skyline.

The area of one-bedroom apartments at Palace Residences Al Mamsha by Alef Group starts at approximately 796 sqft (74 m²), two-bedroom apartments start at 1162 sqft (108 m²), and three-bedroom apartments start at 1377 sqft (128 m²). The layouts of these properties in Sharjah include a full living room, spacious kitchen, large bedrooms and additional space for a workspace or walk-in wardrobe. Many apartments at Palace Residences Al Mamsha by Alef Group have master bedrooms with en-suite bathrooms, separate storage rooms and built-in wardrobes. Prices for apartments at Palace Residences Al Mamsha by Alef Group start at 1 650 000 AED (449 300 $). Alef Group offers a 40/60 interest-free payment plan with a 10% down payment for this property in Sharjah. The completion date for these apartments at Al Mamsha is scheduled for Q1 2029.

The finishes of the properties at Palace Residences Al Mamsha by Alef Group feature light-coloured flooring in large-format porcelain or stone, neutral walls in beige and cream tones, and warm wood accents in kitchens and storage areas. The kitchens are open-plan, often with an island or peninsula. Modern built-in appliances and tall cabinets reaching almost to the ceiling are provided in all apartments at Palace Residences Al Mamsha by Alef Group. The bathrooms are fitted with high-quality sanitary ware and carefully designed lighting for niches and mirrors.

A particular advantage of this property in Sharjah is the large windows and French balconies in some of the layouts. They visually enlarge the space and offer views of the green courtyards, pedestrian walkways and the surrounding area of Al Mamsha. Even the smaller apartments at Palace Residences Al Mamsha by Alef Group feel more spacious thanks to the light and thoughtful layout.

Residents of apartments at Palace Residences Al Mamsha by Alef Group will have access to a wide range of amenities. The development will feature spacious lobbies in the Palace brand style with a reception area, concierge service and comfortable waiting areas. There will be modern fitness rooms for men and women, separate rooms for yoga and stretching, an adult pool with sun loungers and a children's pool. Gardens and terraces with barbecue areas and small party areas are being planned for the roof and podium.

The Al Mamsha district, where the apartments at Palace Residences by Alef Group are located, is the first completely pedestrianised and almost car-free community of its kind in Sharjah. It combines residential properties, shops, restaurants, offices, entertainment and public spaces. The area is divided into several zones, including Al Mamsha Souks with shopping malls, family-oriented neighbourhoods and water features in other phases of the project. The area is already actively developing: cafes, shops and service companies are opening, and street events, festivals and sports activities are being held.

Al Mamsha is located at Muwaileh, next to University City Road and not far from Sheikh Mohammed Bin Zayed Road. The university city, home to the University of Sharjah, American University of Sharjah, Skyline University and other educational institutions, is only a 5-minute drive away. It takes approximately 10-15 minutes to reach Sharjah International Airport, about 20-25 minutes to Dubai International Airport, and about 30 minutes to Dubai's business districts. The large shopping centres 06 Mall and City Centre Al Zahia are approximately 5-10 minutes away.

The investment potential of property at Al Mamsha is evident from the dynamics of demand. Apartments in Sharjah show an average gross rental yield of 6.5-8.5% per annum, and in some projects up to 9%, depending on the type and size of the property, its appearance, whether it is furnished, and other factors. Al Mamsha stands out in the property market in Sharjah because it combines a pedestrian-friendly format, modern architecture and a clear target audience: students, teachers, employees of companies in Sharjah and Dubai, families from the emirate and other countries. For investors, this means more predictable returns and potential growth in the value of apartments at Al Mamsha.

Frequently Asked Questions of Palace Residences Al Mamsha by Alef Group