The Sharjah-based developer Alef Group, a pioneer in developing premier lifestyle communities, destinations and experiences through investment and strategic joint ventures, has announced that 68% of construction on the first phase of the multi-use project “Al Mamsha” has been completed. The phase one consist of 7 buildings, 693 housing units and 88 A commercial stores, all spanning an area of 629,000 square feet.
Listed as one of the unique projects in the Emirate, Al Mamsha boasts of high-end residential units ranging from studio, 1, 2 & 3 BR’s, emulating the highest standards of quality lifestyle.
His Excellency Issa Ataya, Managing Director, Alef Group, said: “The project will be delivered at the end of this year, as per our scheduled plan. In order to ensure everything aligns with our plans, we are ensuring that our team follows the necessary precautionary measures and procedures to align with the protocols set by the Ministry of Health and Community Protection.”
Ataya explained that the group is providing a variety of services, offers and discounts, offering housing units for sale at competitive prices appropriate, especially considering how the current conditions have affected the vital sectors and the general economic situation.
“The group of facilities and exemptions included in the stimulus package recently launched for investors by the Sharjah Government, under the wise guidance of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, would assist in economic development, by simplifying business procedures and help project owners work on the construction and delivery of their developments in time,” he added.
The Sharjah Government has undertaken several initiatives during the current circumstances that has helped renew the confidence of project owners to invest the Emirate. Known for its flexible laws and legislation, Sharjah is known to provide assistance to investors in difficult conditions. Providing tremendous opportunities within the government and private sectors, over the years Sharjah has been successful in attracting investors from the region and internationally.
Al Mamsha project boasts of a strategic location, providing the best of health and recreational facilities, such as walking and biking paths, children’s play areas, restaurants, cafes and various stores. All residential units on the property will be equipped with electrical appliances such as oven, gas and fridge, providing an integrated living experience.