Project Overview
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.
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
Nearby Destinations
Developer and Project Facts
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
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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