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Home Sector Real Estate Sharjah’s Alef Group signs real estate transactions worth $373 million

Sharjah’s Alef Group signs real estate transactions worth $373 million

The Group launched Al Mamsha Hamsa, attracting significant interest and positive feedback from investors
Sharjah’s Alef Group signs real estate transactions worth $373 million
Alef Group showcased the Olfah project and Hayyan community, noted for their unique designs and modern amenities. (Photo Credit: WAM)

Alef Group, a premier real estate developer in the emirate of Sharjah, reached a milestone during the ACRES 2025 Sharjah Real Estate Exhibition by signing 1,006 sales and purchase agreements (SPAs) with a total value of AED1,371,547,922 ($1.37 billion or roughly $373 million). This achievement underscores the robust demand for Alef Group’s innovative, community-centric developments.

Showcasing new projects

During the four-day event at the Sharjah Expo Centre, Alef Group introduced its latest project, Al Mamsha Hamsa, which garnered considerable interest and favorable feedback from both investors and visitors.

The company also highlighted its recently launched Olfah project and the Hayyan villa community, both of which continued to attract attention due to their distinctive designs, modern amenities, and emphasis on creating high-quality, vibrant living environments.

Read more: Sharjah’s Alef Group launches $680 million Olfah residential project

Confidence in Alef Group’s vision

Issa Ataya, CEO of Alef Group, remarked, “This achievement at ACRES 2025 reflects the confidence that investors and residents place in Alef Group’s vision of redefining modern living. The launch of Al Mamsha Hamsa, alongside the sustained interest in Olfah and Hayyan, underscores our commitment to delivering sustainable and innovative developments that align with the aspirations of Sharjah’s residents and elevate the emirate’s real estate landscape.”

Al Mamsha Hamsa: A new benchmark

Al Mamsha Hamsa, the newest addition to Alef Group’s portfolio, merges contemporary living with pedestrian-friendly spaces and family-oriented amenities, establishing a new benchmark for lifestyle communities. Olfah presents a serene retreat with a harmonious blend of nature and modern design, while Hayyan remains a distinguished villa community in Sharjah, celebrated for its expansive green spaces, privacy, and top-tier amenities.

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