
Olfah is a community surrounded by nature from Alef in Muwaileh, Sharjah. The complex consists of 12 buildings of different storeys, including a ground floor and from 9 to 11 residential floors with various residential facilities with 1-3 bedrooms. The project is designed in a modern architectural style with an emphasis on conciseness and functionality. The exterior of the buildings is characterized by large windows and freely open facades, which provide improved light and air circulation, as well as breathtaking panoramic views. The interiors are made using light colors and high-quality materials. The space is designed with maximum functionality and comfort in mind. The residence layouts include laundry rooms and balconies, while the 3-bedroom apartments have additional staff rooms. Various amenities are provided for residents of the complex, such as: a playground with water activities, green hills, walking paths, a children's playground, a climbing wall, several pools, an amphitheater and barbecue areas. Olfah is located in an attractive location next to the Sharjah Academy for Astronomy, Space Sciences and Technology. University City of Sharjah can be reached in 2 minutes, Sharjah Airport in 5 minutes, Dubai Airport in 15 minutes, and Dubai Downtown in 25-30 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Olfah launch basis | 999 | AED 899,000 | Current launch / asking basis |
| Muwaileh Commercial ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Muwaileh Commercial premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Muwaileh Commercial
Olfah by Alef
Located in Muwaileh Commercial
Starting from AED 899,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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