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Off-plan
Delivery Date: Q1 2029

Palace Residences 2

Launch price 1.7M AED*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Alef Group developer Logo
Developer
Alef Group
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Key information

  • Delivery date

    January 2029

  • Location
  • Payment plan
  • Number of buildings
  • Property types

    Apartment

  • Ownership type

    Freehold

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Payment plan

  • 10%

    Down payment

    At sales launch

  • 30%

    During construction

  • 60%

    On handover

  • Project timeline

    • Project announcement

    • Construction Started

    • Expected Completion

    About the project


    Palace Residences 2 – Refined Residential Living in Sharjah


    Palace Residences 2 is an off-plan residential development by Alef Group, set within one of Sharjah's most thoughtfully planned communities. Designed in collaboration with Emaar Hospitality, the project brings together 1, 2, and 3-bedroom apartments that prioritize spatial flow, natural light, and day-to-day comfort. Every layout has been considered with real living in mind — open interiors, well-proportioned rooms, and a quiet residential atmosphere that feels removed from the noise of the city without sacrificing access to it.


    Whether you are a young professional seeking a first home, a growing family in need of more space, or an investor looking for a well-positioned asset in the UAE, Palace Residences 2 offers a compelling combination of design quality, community amenities, and long-term value.


    Prime Location: Sharjah


    Sharjah has steadily grown into one of the most livable emirates in the UAE, offering a blend of cultural richness, green open spaces, and a strong sense of community that distinguishes it from its neighbors. Palace Residences 2 sits within this fabric, benefiting from Sharjah's continued investment in infrastructure, education, and residential development.


    The location places residents close to established retail corridors, schools, healthcare facilities, and leisure destinations, while maintaining the calm, residential character that makes Sharjah an attractive alternative to the faster pace of Dubai or Abu Dhabi. It is a setting that suits families and professionals alike.


    Connectivity and Accessibility to Key Locations


    Palace Residences 2 benefits from Sharjah's well-developed road network, making it easy to move between the emirate and the wider region. Key connections include:


    • Direct access to Sheikh Mohammed Bin Zayed Road, linking Sharjah to Dubai and other northern emirates
    • Proximity to Emirates Road, offering a straightforward route toward Ajman and Umm Al Quwain
    • Convenient distance from Dubai International Airport, reachable within approximately 30 to 40 minutes depending on traffic
    • Close to Sharjah International Airport, ideal for frequent travelers
    • Easy reach of Sharjah city center, including key retail, dining, and business districts



    Property Types and Sizes


    Palace Residences 2 offers a focused selection of apartment configurations designed to suit different lifestyles and household sizes. Each unit has been sized to allow genuinely comfortable living rather than maximizing unit count at the expense of space.


    • 1-bedroom apartments from 868 sq ft — ideal for singles or couples seeking a well-proportioned home
    • 2-bedroom apartments from 1,318 sq ft — suited to small families or those who value extra room for guests or a home office
    • 3-bedroom apartments from 1,927 sq ft — generously scaled layouts for families who need space to grow



    Detailed Amenities and Facilities


    Residents of Palace Residences 2 will have access to a well-rounded range of on-site facilities designed to support both an active lifestyle and quiet relaxation:


    • Indoor swimming pool for year-round use regardless of weather
    • Fully equipped gymnasium for fitness routines and training
    • Landscaped gardens offering green, shaded outdoor space for leisure and walking
    • Children's play area providing a safe, dedicated environment for younger residents
    • On-site restaurants for casual dining without leaving the community
    • CCTV security systems ensuring consistent monitoring and peace of mind throughout the development



    Unique Architectural Features and Design Elements


    Palace Residences 2 has been designed with a clear focus on internal coherence and visual calm. Apartment layouts follow a logical flow that moves naturally from shared living spaces into private areas, reducing the feeling of compartmentalization that affects many urban developments.


    Façades are composed with a restrained elegance, favoring clean lines and considered proportions over decorative excess. Large windows bring in generous natural light, and the overall architectural language reflects a development that is built to age well — both aesthetically and structurally.


    Lifestyle and Community Aspects


    Life at Palace Residences 2 is shaped by a strong sense of place and community. The development has been planned to encourage a balanced daily rhythm — active when you want it to be, and quiet when you need it.


    • Landscaped communal areas create natural gathering points for neighbors and families
    • On-site dining and recreational facilities mean fewer reasons to leave the community for everyday needs
    • A family-oriented environment supported by children's facilities and safe open spaces
    • Proximity to Sharjah's cultural venues, parks, and educational institutions enriches daily life beyond the compound itself



    Investment Potential and Market Value


    Sharjah's residential property market has shown consistent resilience, supported by affordable entry points relative to Dubai, a growing population of end-users rather than purely speculative buyers, and government-led initiatives that continue to improve infrastructure and quality of life. Palace Residences 2, as an off-plan project from a recognized developer, sits at a favorable point in this trajectory.


    The combination of a credible developer, a well-connected location, and a practical mix of unit sizes makes this development particularly appealing for both owner-occupiers and buy-to-let investors. Demand for quality rental stock in Sharjah remains steady, and apartments within established communities consistently attract reliable tenants from the emirate's large professional and family population.


    Developer Profile: Alef Group


    Alef Group is a Sharjah-based real estate developer with a track record of delivering large-scale, community-focused projects across the emirate. The group is known for its long-term approach to placemaking — developing not just buildings, but complete living environments with the infrastructure and amenities that residents actually need.


    Their flagship project, Hayyan, demonstrated a clear ability to execute on ambitious community visions, and Palace Residences 2 reflects the same philosophy applied to a more intimate residential scale. With Emaar Hospitality brought in as a collaborator, the project also benefits from hospitality-led thinking around service standards and resident experience — an advantage that distinguishes it within Sharjah's growing off-plan market.

    Palace Residences 2 masterplan

    image of Palace Residences 2 by Alef Group, Sharjah,Muwaileh,Al Mamsha — [1]

    Palace Residences 2 is an off-plan residential development by Alef Group in collaboration with Emaar Hospitality, part of the Palace Residences 2 masterplan in Sharjah, offering apartments designed for spatial efficiency and comfortable everyday living, located in the prestigious Sharjah masterplan.


    As a part of Sharjah's masterplan, Palace Residences 2 draws on a rare partnership between Alef Group and Emaar Hospitality, bringing hotel-influenced residential design to a quiet, well-connected Sharjah district. The development balances open outlooks with internal flow, creating a residential character that stands apart from typical off-plan offerings in the emirate.



    Key Features


    Location & Nearby Attractions


    • Sharjah City Centre – 10 minutes
    • Sharjah International Airport – 15 minutes
    • Dubai International Airport – 25 minutes
    • Al Majaz Waterfront – 10 minutes
    • University City Sharjah – 15 minutes
    • Direct road connectivity to Dubai and other emirates


    Amenities


    • Children's Play Area
    • Restaurants
    • Gymnasium
    • Landscaped Gardens
    • Indoor Swimming Pool
    • CCTV Security
    • Landscaped podium with shaded relaxation areas
    • Adult and children's swimming pools
    • Resident lounges for communal use


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    Location

    Map preview

    Living in Muwaileh

    Muwaileh

    About Muwaileh

    Learn more

    Muwaileh features 24 buildings.

    • Properties Listed1,463
    • Price range325K - 65M
    4.3
    1 Review

    Score Breakdown

    Connectivity & Traffic
    3.7
    Peace & Quiet
    4.3
    Parks nearby
    4.5
    Family friendly
    5.0
    Maintenance
    4.3
    Parking area
    4.3
    Amenities
    4.0

    Amenities

    • Indoor Swimming Pool
    • Landscaped Gardens
    • CCTV Security
    • Gymnasium
    • Restaurants
    • Children's Play Area

    Units

    from developer

    apartment

    Layout typeSize (sqft)No. of BathroomsFloor plan
    Type 18682
    Layout typeSize (sqft)No. of BathroomsFloor plan
    Type 11,3183
    Layout typeSize (sqft)No. of BathroomsFloor plan
    Type 11,9274

    available in this project.

    This project might be sold out. Contact an agency for more information or similar projects.

    Frequently asked questions

    This project might be sold out. Contact an agency for more information or similar projects.