Alef Group Announces the Completion of 92% Of the Second Phase of Al Mamsha Sharjah

Press release
Published May 24th, 2022 - 06:59 GMT
Alef Group Announces the Completion of 92% Of the Second Phase of Al Mamsha Sharjah
Al Mamsha Souks Main Entrance.
Highlights
Alef Group announced the completion of 92% of the second phase of Zone 1 of Al Mamsha Sharjah

After completing the first phase by 100% and handing over 82% of it to investors, Alef Group, the leading real estate development company in the Emirate of Sharjah, announced the completion of 92% of the second phase of Zone 1 of Al Mamsha Sharjah, the mixed-use project that combines modern life, retail and entertainment facilities.

The first and second phase of Al Mamsha Souks extend within Al Mamsha Sharjah project, the first and only fully walkable vehicle-free community in the emirate, includes 1,576 housing units spread over 15 buildings. The units of the second phase have also been gradually delivered to owners and investors, noting that the group has recently completed the handover of 82% of the housing units of the first phase.

Issa Ataya, CEO of Alef Group, said: “We continue our work on the second phase of Al Mamsha, according to plan and in line with the highest quality standards in design and construction. The project which remains consistent with the rich history of Sharjah, and its leading role in celebrating culture, education and urbanism, makes it the preferred choice for those looking for a unique destination that meets all their needs in one location.”

Ataya pointed out that Al Mamsha contains a group of entertainment facilities to suit different age groups, tastes, nationalities and cultures. The development includes a shopping centre, sports clubs and international health resorts, a fully equipped yoga centre, restaurants catering to different tastes, and the finest cafes. In addition, it includes entertainment areas for children, service areas, offices for telecommunications companies, and prayer areas for women and men. 

The residential units and retail stores are connected to a network of walking paths, providing elements of natural shade, natural cool ventilation, water and green bodies, and the privacy of residents. The project includes a wide range of housing options, including studio units and one, two and three-bedroom apartments with various designs.

Background Information

Alef Group

Alef Group is a privately held lifestyle experience provider founded by Sheikh Khalid Sultan Al Qasimi in 2013. Headquartered in Sharjah UAE, Alef Group is a pioneer in developing premier lifestyle communities, destinations and experiences through investment and strategic joint ventures. With AED 4 billion worth of assets and a land bank of AED 1 billion, Alef Group’s premium developments lead the way in business and leisure projects complemented by the creation of high-quality residential communities. Capitalizing on the consistent growth of the emirate and its unique geographical position as the connecting link between Dubai and the Northern Emirates, Alef Group recognizes the exceptional potential of this evolving modern metropolis.

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