Palace Residences - Al Mamsha
Project Overview
Palace Residences – Al Mamsha is the first branded residential development within the Al Mamsha community in Sharjah. The project is developed by Alef in collaboration with the Palace brand of Emaar Hospitality Group. Located in the southern part of Al Mamsha — the city’s first fully walkable district — the complex consists of two residential towers connected by a shared ground and podium levels with nine residential floors, featuring landscaped courtyards and well-designed communal spaces. The project offers one-, two-, and three-bedroom apartments. The interiors are designed in calm tones of white, grey, and natural wood, with open layouts, abundant natural light, and thoughtful ergonomics. Soft textures and high-quality materials create an atmosphere of modern comfort. Amenities include adult and children's pools, modern fitness facilities, lounge areas, family recreational zones, shaded walkways, and landscaped terraces. Retail and dining options are integrated into the podium level, enhancing everyday convenience for residents. Palace Residences – Al Mamsha has direct access to University City Road, one of Sharjah’s main urban arteries, and is located near 06 Mall and Al Mamsha Souks. Sharjah International Airport is 12 minutes away, while Dubai International Airport is 30 minutes away, ensuring excellent connectivity to key destinations across the region.
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.
Request a verified price comparisonGallery
Astraterra Properties
Official Documents
Download official marketing materials from Alef.
Payment Structure
Published payment summary
Request the current developer schedule for booking, construction, handover and any post-handover instalments. Terms and availability must be confirmed.
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Amenities & Lifestyle
Location
Nearby Destinations
Developer and Project Facts
Palace Residences - Al Mamsha by Alef
Located in Muwaileh Commercial
Starting from AED 1,445,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Jan 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Get Qualified for Palace Residences - Al Mamsha
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Explore Similar Projects
Other projects in this area, ordered by proximity to the starting price. Availability must be confirmed.