Sharjah’s Alef Group launches $435mn Al Mamsha Raseel at Al Mamsha Sharjah development

Sharjah real estate developer Alef Group has launched Zone 3 of its Al Mamsha Sharjah development, which is being developed at an investment of $435.6mn. Also known as Al Mamsha Raseel, Zone 3 will comprise 2,210 units, offering a range of one-, two- and three-bedroom apartments with their own private terraces.

Zone 3 is part of the larger Al Mamsha Sharjah masterplan, which is valued at $1.3bn. The project is taking shape in the Al Muwaileh area of Sharjah and is billed as the city’s first fully walk-able community.

In April 2021, the developer announced the completion of Phase One of Al Mamsha. One month earlier, it began work on Phase III of Al Mamsha.

Issa Ataya, CEO of Alef Group said, “We are thrilled to announce the launch of Al Mamsha Raseel (Zone 3). The development will embody key elements of Sharjah’s rich history. It will highlight Sharjah’s leadership in the fields of culture, education, and urbanisation. Al Mamsha Sharjah will undoubtedly make a positive contribution to the development of our city.”

Al Mamsha Raseel will also feature a range of water features, including interactive fountains in play areas. These attractions will serve to enhance the setting of the mixed-use buildings and homes surrounding them, the developer said.

Earlier this year, in March 2022, the developer launched the new $1.03bn Hayyan project in Sharjah.

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