Handover Q4 2028 Updated 09.09.2026

Palace Residences Al Mamsha

Muwaileh, Sharjah · developer Alef Group

Palace Residences Al Mamsha
In short

Palace Residences Al Mamsha is a new development by Alef Group in Muwaileh, Sharjah. Prices from AED 1.65M, layouts 1–3 BR, handover Q4 2028, 10/30/60 payment plan, 10% down payment. Freehold: foreign buyers can own the unit outright.

Key facts

  • HandoverQ4 2028
  • Bedrooms1–3 BR
  • ConstructionUnder construction
  • OwnershipFreehold
  • Payment plan10/30/60
  • Down payment10%
  • Buyer commission0%
  • Unit sizes796–1,377 sq.ft

About the project

Palace Residences Al Mamsha is a new residential development in the UAE.

This page presents the project description, location context, floor-plan guidance and purchase considerations. Confirm current availability and terms before booking.

Amenities

As listed by the developer
  • CCTV Security
  • Children's Play Area
  • Gymnasium
  • Indoor Swimming Pool
  • Landscaped Gardens
  • Restaurants

Floor plans & prices

Developer data as of 09.09.2026
TypePrice fromSizeAction
1 bedroom apartment AED 1 650 000 796 sq.ft
2 bedroom apartment On request 1,162 sq.ft
3 bedroom apartment On request 1,377 sq.ft

Total purchase cost

Unit price
—
DLD fee 4%
—
DXB Residence commission
0%
Total with DLD
—
Plus registration admin fees, confirmed in your quote. DXB Residence commission: 0%. Get this calculation on WhatsApp
Payment plan · 10/30/60
Due today—Based on the selected payment plan
  1. 10% Down paymentBy construction stage AED 165 000
  2. 30% During constructionBy construction stage AED 495 000
  3. 60% On handoverBy construction stage AED 990 000
Calculated from the starting project price and subject to confirmation.

Timeline

  1. 28.12.2025 Construction started Completed
  2. 31.12.2028 Expected handover Planned

Project details

Developer
Alef Group
Area
796–1,377 sq.ft
Ownership
Freehold
Handover
Q4 2028
Construction status
Under construction
Developer availability
Available from developer
Buildings
1
Data updated
09.09.2026

Loading the map and nearby amenities…

Address: Sharjah · Muwaileh · Al Mamsha · Palace Residences Al Mamsha · 25.305777, 55.471057

Frequently asked questions

How much does an apartment in Palace Residences Al Mamsha cost?

Prices at Palace Residences Al Mamsha start from AED 1.65M. That is about AED 2 073 per sq ft for the entry layout. Unit sizes range from 796 to 1 377 sq ft.

When is Palace Residences Al Mamsha handed over?

Planned handover of Palace Residences Al Mamsha is Q4 2028. The developer sets the timeline, and buyer payments are held in a DLD-regulated escrow account.

What is the payment plan at Palace Residences Al Mamsha?

10/30/60 payment plan: 10% Down payment; 30% During construction; 60% On handover. Down payment is 10%.

Who is the developer of Palace Residences Al Mamsha?

Alef Group is the developer. Its other projects are listed on the developer page in the DXB Residence catalogue.

Can foreigners buy in Palace Residences Al Mamsha?

Yes. Palace Residences Al Mamsha is in a freehold zone, so non-residents can own the unit outright with DLD registration.

What costs are there on top of the price?

The main cost is the 4% Dubai Land Department transfer fee plus registration admin fees. DXB Residence charges buyers 0% commission.

Developer

Alef Group 9 projects in the catalogue · AED 754K – AED 2.92M All developer projects
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