Palace Residences Al Mamsha

Palace Residences Al Mamsha offers a carefully curated selection of apartments designed for comfort, functionality, and refined living. The project features one-, two-, and three-bedroom apartments, each thoughtfully designed with open-plan layouts, premium finishes, and modern interiors that combine elegance with everyday practicality.

• One-bedroom apartments span 796 sqft, 1650000 AED providing a compact yet luxurious space ideal for singles or couples.
• Two-bedroom apartments measure 1,162 sqft, offering additional space for small families or professionals seeking extra room for work-from-home setups.
• Three-bedroom apartments cover 1,377 sqft, designed for larger families or residents who value generous living and entertaining spaces.

All units incorporate natural light, built-in wardrobes, well-appointed kitchens, and premium bathroom finishes. Residents also benefit from access to the project’s curated amenities, including landscaped courtyards, pools, fitness facilities, sky terraces, and retail options within the podium.

Prices for each apartment type are available upon inquiry, allowing buyers to explore tailored options according to their budget and lifestyle preferences. This combination of variety, quality, and branded living makes the housing options at Palace Residences Al Mamsha highly appealing for both residents and investors.

The starting price of Palace Residences Al Mamsha is AED 1,700,000, offering buyers access to a branded residential development in a prime walkable community in Sharjah.

Palace Residences Al Mamsha is owned by Alef Group, a Sharjah-based real estate developer known for delivering master-planned communities and high-quality residential projects. Alef Group focuses on long-term urban development, design integrity, and creating sustainable living environments that align with modern lifestyle expectations.

Palace Residences Al Mamsha is scheduled for delivery in January 2029. The project is progressing steadily, with construction timelines aligned to provide residents with high-quality, ready-to-move-in apartments within a vibrant, walkable community in Sharjah. This timeline ensures careful attention to design, finishes, and amenities, maintaining the premium standards expected from a Palace-branded development.

The payment plan for Palace Residences Al Mamsha is structured as follows:

• 10% down payment is paid at the time of sales launch to secure the unit.
• 30% is paid in installments during the construction period.
• 60% is paid upon handover of the property.

This plan allows buyers to pay a portion upfront, spread payments during construction, and complete the majority of the payment when the property is ready for handover.

Yes, Palace Residences Al Mamsha is a strong investment opportunity due to its branded residence status, prime location, and lifestyle-driven design. As the first Palace-branded residential project in Sharjah, developed in collaboration with Alef and Emaar Hospitality Group, it benefits from brand credibility and long-term value. The project is located within Al Mamsha, Sharjah’s first fully walkable community, which supports consistent rental demand and resale appeal. High-quality finishes, efficient layouts, curated amenities such as pools, fitness facilities, sky terraces, landscaped courtyards, and integrated retail enhance tenant satisfaction and asset performance over time.

Palace Residences Al Mamsha is located in Sharjah, within the city’s first fully walkable community, offering convenient access to key destinations.

Palace Residences Al Mamsha is a freehold property, allowing both UAE nationals and expatriates full ownership rights over their apartments.