Compliance & specs
About
Project general facts
Palace Residences Al Mamsha stands as a distinguished branded residential address, marking the first collaboration in Sharjah between Alef and Emaar Hospitality Group’s Palace brand. Positioned at the southern gateway of Al Mamsha, Sharjah’s first fully walkable community, the project reflects refined architectural elegance rooted in cultural identity and contemporary urban design. The twin residential towers, connected by a thoughtfully designed podium, create a landmark presence that blends openness, natural light, and greenery, echoing the region’s traditional courtyard-inspired living.
The residences offer a selection of one-, two-, and three-bedroom apartments crafted with understated luxury and functional sophistication. Interiors are defined by serene palettes of white, grey, and natural wood, open-plan layouts, and soft textures that enhance comfort and connection. Bedrooms feature built-in wardrobes and warm finishes, while kitchens and bathrooms balance calming tones with premium materials, creating harmonious living spaces designed for everyday ease and refined living.
Life at Palace Residences Al Mamsha centers around a community-driven lifestyle enriched by curated amenities and walkable surroundings. Residents enjoy green courtyards, sky terraces, family recreation areas, modern fitness facilities, adult and children’s pools, sky gardens, shaded walkways, and dedicated lounges. Retail and dining at the podium level add daily convenience, while the project’s prime location near Al Mamsha Souks, University City Road, and key urban destinations completes an elegant living experience shaped by connection, comfort, and timeless Palace hospitality.
Location description and benefits
As the Cultural Capital of the Arab World, Sharjah proudly preserves its historical legacy. The Heart of Sharjah, a charming historic district, invites you to wander through its narrow alleys adorned with restored heritage buildings, such as the Al Hisn Fort and the Sharjah Heritage Museum. This commitment to cultural heritage is further exemplified by the Sharjah Art Museum, a hub for artistic expression housing an impressive collection of both classical and contemporary artworks.
Education thrives in Sharjah, with institutions like the American University of Sharjah and the University of Sharjah providing world-class learning environments. The annual Sharjah International Book Fair, a celebrated literary event, underscores the emirate's dedication to knowledge and intellectual pursuits.
Sharjah's commitment to family values is reflected in its numerous parks and recreational spaces, including Al Montazah Parks and Sharjah National Park. The awe-inspiring Sharjah Mosque stands as an architectural masterpiece, symbolizing the emirate's reverence for Islamic heritage.
Available unit types
3 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building , the developer's full floor-plan pack below covers every variant.
1 bedroom
815-894 sqft
Range across 11 layout variants
2 bedrooms
1169-1384 sqft
Range across 11 layout variants
3 bedrooms
1901-2164 sqft
Range across 3 layout variants
Payment PlanInterest-free during construction
- 1.10%
On booking
- 2.30%
During construction
- 3.60%
Upon Handover (Q1 2029)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 144,500 | 39,347 | 39,347 |
| 2 | Between booking and Q1 2029 | During construction | 30% | 433,500 | 118,042 | 157,389 |
| 3 | Q1 2029 | Upon Handover (Q1 2029) | 60% | 867,000 | 236,084 | 393,474 |
| Total | 100% | AED 1,445,000 | USD 393,474 | |||
Cash-flow shape: 40% during the construction period (10% upon booking, 30% across milestones), 60% at handover (Q1 2029).
0% interest during construction , no APR, no compounding.
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Amenities
5 features
Location
25.30583, 55.47163
About Alef Group
Alef Group is a UAE real-estate developer active across Al Mamzar-1 and Muwaileh Commercial, behind projects including New Project by Alef Group, Olfah and Hayyan.
Building details
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 1 | 1 |
| Apartment | 2 | 1 |
| Apartment | 3 | 2 |
Marketing brochure
Frequently asked questions
About Palace Residences Al Mamsha
What is the starting price for Palace Residences Al Mamsha?
Prices at Palace Residences Al Mamsha start from AED 1,445,000. Off-plan inventory moves with availability, so confirm the current entry price with a Casadior broker before deciding.
What is the payment plan for Palace Residences Al Mamsha?
Palace Residences Al Mamsha is offered with the Payment Plan. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page.
When does Palace Residences Al Mamsha hand over?
Handover of Palace Residences Al Mamsha is planned for Q1 2029. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.
Who is the developer behind Palace Residences Al Mamsha?
Palace Residences Al Mamsha is developed by Alef Group. The developer's track record and full project list are on our Alef Group page.
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.
Price
from AED 1,445,000
≈ USD 393,473
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