Al Mamsha Raseel
Project Overview
Al Mamsha Raseel is the third phase of the Al Mamsha residential project from the developer Alef, in the heart of Sharjah. The project consists of a complex of 13 buildings, including a ground floor and 7-9 residential floors, which include apartments with 1-3 bedrooms, as well as commercial premises. The exterior of the buildings is characterized by a modern and elegant design that harmoniously fits into the surrounding landscape. The facades of the buildings are decorated in bright colors, creating a feeling of lightness and spaciousness. A landscaped area with greenery and recreation areas complements the overall picture. The interiors of the apartments are made using high-quality materials and modern design solutions. The well-thought-out layout allows for the most efficient use of space. Large windows provide good natural light. Numerous amenities and services are available to residents, including swimming pools, fitness centers, children's playgrounds, barbecue areas and walking paths. There are shops, restaurants and cafes on the territory of the complex, providing comfortable accommodation. Al Mamsha Raseel is advantageously located in terms of transport accessibility and proximity to major infrastructure facilities. University City of Sharjah or 06 Mall can be reached in 5 minutes, Sharjah International Airport in 10 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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Official Documents
Download official marketing materials from Alef.
Payment Structure
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Amenities & Lifestyle
Location
Nearby Destinations
Developer and Project Facts
Al Mamsha Raseel by Alef
Located in Muwaileh Commercial
Starting from AED 929,000
Unit mix includes 1 BR, 3 BR, Apartments
Expected handover: May 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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