Palace Residences at Al Mamsha Raseel, Sharjah
Project Details
Project Name:
Palace Residences
Location:
Al Mamsha Raseel
Developer:
Alef Group
Property Type:
Apartments
Available Units:
1, 2 & 3 Bedroom
Payment Plan:
60:40
Down Payment:
10%
Starting Price:
AED 1,700,000
Handover Date:
Q1 2029
Payment Plan
A flexible Payment plan at Palace Residences will help you secure your future home easily. You can finance the payment with easy installments. This usually involves a small down payment, then structured payments during construction, and a final amount upon completion. This approach makes luxury living accessible to both end-users and savvy investors.
10%
Down Payment
On Booking Date
30%
During Construction
In Small Installments
60%
On Handover
On 100% Completion
Key Highlights
- Exclusive Collection Of Luxury Branded Apartments.
- Excellent Location Within The Al-Mamsha Community.
- Direct Access To Premium Retail & Dining Outlets.
- Sophisticated Interiors With High-End Finishes.
- A Walkable Urban Environment With Green Areas.
- Developed By Alef Group.
- Modern Architectural Design Focused On Natural Light.
- A Secure, Family-Friendly Gated Community.
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Brief Overview
Palace Residences Al Mamsha is a new residential project by Alef Group in partnership with Emaar Hospitality Group. In this development, urban living becomes “walkable,” where car keys are exchanged for a stroll along landscaped pathways. It’s a place where morning coffee and evening walks are like getaways at your doorstep.
This design philosophy strives for a community feel. And you aren’t buying a home alone. You join an art, culture & leisure neighborhood. In terms of amenities, this development offers elegantly designed sky terraces, landscaped courtyards, children’s and adult pools, community gardens, and a vibrant selection of curated retail and dining options. For the professional who wants a quiet retreat or the family who wants a safe place to grow, this project has the right balance of energy and peace.
Starting Price
Find luxury at the right price. The competitive starting price at The Palace Residences, makes it an entry point to one of Sharjah’s most sought-after residential areas. Here, investing means securing a piece of premium real estate with lifestyle benefits and good ROi. Price ranges on units and views – so there are options for all types of investment goals.
AED 1,700,000
Floorplan
The floor plan of the Palace Residences makes the most of every square inch for light and airy living spaces. From small one-bedroom apartments to sprawling family homes, you choose the layout. Each unit has open plan kitchens with large windows for natural light and private balconies with views of the community.

Photo Gallery
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