Nama Phase 3 by Alef Group: Apartments in Al Mamsha, Sharjah from AED 819K
Alef Group's Nama Phase 3 sits in Al Mamsha, a planned residential community within Muwaileh, Sharjah. Construction broke ground in February 2025, and the project targets handover in January 2028. For a buyer entering now, that means roughly two and a half years to completion, a standard off-plan horizon that gives the project time to appreciate while the payment schedule runs.
Al Mamsha, Muwaileh: What Living Here Actually Means
Al Mamsha is Alef Group's own master-planned walkable district in Muwaileh. Muwaileh sits in the University City corridor of Sharjah, adjacent to Mohammed Bin Zayed Road (E311), which is one of the main arteries connecting Sharjah to Dubai. The commute to Dubai's eastern suburbs (Academic City, Silicon Oasis) runs under 20 minutes. Business Bay and Downtown Dubai are roughly 35 to 45 minutes depending on traffic.
Sharjah's property market sits well below Dubai in price per square foot, which draws end-users who work in Dubai but find Dubai's entry costs steep. Buyers looking for genuine residential infrastructure at a Sharjah price point have several options in Muwaileh, and Al Mamsha's pedestrian-first layout adds appeal for families.
Getting In for 10%
| Stage | Share |
|---|---|
| Down payment | 10% |
| During construction | 40% |
| On handover | 10% |
| Post-handover | 40% |
The 10% down payment keeps initial cash commitment lean. The structure spreads the bulk of payments across the construction period and after handover.
40% due post-handover means a buyer who is financing can either settle that tranche from rental income or use it as a structured bridge before refinancing. For an investor, the post-handover portion reduces the pre-handover cash commitment further. For an end-user funding from savings, it requires cash availability that extends beyond the handover date.
What AED 819K to AED 1.6M Buys Here
The price range runs from AED 819,000 at the entry point to AED 1,599,000 at the top. That is a spread of roughly AED 780,000, which is substantial for an apartment-only project and signals real differences in unit size or floor.
At the lower end, buyers are likely looking at compact one-bedroom or studio units, accessible to first-time buyers or investors targeting the rental market. At AED 1.6 million, the buyer is likely acquiring a larger two- or three-bedroom apartment, which suits a family end-user or an investor aiming for longer-term tenancies at higher absolute rents.
The Resident Profile the Amenities Suggest
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor & Social | Landscaped Gardens, Barbecue Area |
| Family | Children's Play Area |
| F&B | Restaurants |
| Security | CCTV Security |
The indoor pool is a differentiator. Outdoor pools are standard; indoor pools raise operating costs and signal a project oriented toward year-round comfort rather than seasonal use. Combined with the gymnasium and landscaped gardens, the amenity set targets residents who want daily convenience within the community rather than relying on external facilities.
The children's play area and barbecue area reinforce a family orientation. This is not a project aimed at single professionals looking for nightlife adjacency. It is built for households who want greenery, security, and kid-friendly infrastructure close to home. The on-site restaurants add practical day-to-day utility that reduces dependence on driving out for meals.
Timeline: Where the Project Stands
Construction started in February 2025 and the expected completion date is January 2028. That is a 36-month build programme. At the time of writing, the project is roughly six months into construction. A buyer entering now joins during the active build phase, which is typically when units are still available at pre-completion pricing before the developer adjusts closer to handover.