Phase III of Al Mamsha breaks ground following increase in sales for first two phases
Alef Group, the UAE-based real estate development company, has announced the beginning of work on Phase III of its $58 million mixed-use project, Al Mamsha, which is located in Sharjah.
Once completed, the project will feature a total of 612 residential units spread over six buildings. The offerings will be a mix of studios, one-bedroom, two-bedroom, and three-bedroom apartments, a statement from the developer says.
Announcing the ground-breaking, Alef Group said this comes following the increase in sales achieved in the previous two phases.
This success highlights the growing demand for residential units in a strategic and vital area that sets the heartbeat and defines the pulse of Sharjah, the developer added.
According to Alef, the Al Mamsha Phase III, which extends over 818,634 sqft, will provide residential units overlooking views of swimming pools, open spaces, and kids areas. It will also host a combination of retails that span 1,852 sqm area, it concluded.