Al Mamsha Hamsa
Project Overview
Al Mamsha Hamsa is the fourth phase of the Al Mamsha residential project from the developer Alef in the heart of Sharjah. The complex is a residential area consisting of three buildings, including a basement parking floor, a ground floor, a podium and 8 residential levels. The exterior of the buildings of the project is characterized by a modern and elegant design. The buildings are organically integrated into the landscape, complemented by beautiful greenery and water elements, creating a calm and refreshing atmosphere. The project includes apartments with 1-3 bedrooms, as well as commercial premises. All the residences have a modern design. Elegantly proportioned windows overlooking the park and spacious balconies with outdoor seating areas complement the sophistication of the interiors. Residents of the complex have access to a modern gym and swimming pool, as well as a lively shopping area where they can easily purchase all the necessary goods. The project is strategically located, which provides convenient access to the main attractions. Just 4 minutes to University City of Sharjah, 5 minutes to Sharjah School's Complex, 8 minutes to 06 Mall and 5 minutes to 311 Sheikh Mohammad Bin Zayed Road. Sharjah International Airport can be reached in 9 minutes and Dubai International Airport in 15 minutes.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Alef.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Muwaileh Commercial
Nearby Destinations
Developer and Project Facts
Al Mamsha Hamsa by Alef
Located in Muwaileh Commercial
Starting from AED 919,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Nov 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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