Sharjah real estate developer Alef has broken ground on Al Mamsha Raseel, the third zone of its landmark “Al Mamsha” development located in Muwaileh, Sharjah.
Sharjah Real Estate: Alef Group Breaks Ground on $300 Million Al Mamsha Raseel Development
Sharjah, June 2025 — Alef Group, a leading real estate development company in the Emirate of Sharjah, has officially broken ground on its ambitious Al Mamsha Raseel project, a $300 million mixed-use development poised to transform urban living in the emirate. The announcement marks a major milestone in Sharjah’s evolving real estate landscape, reaffirming Alef’s vision to build innovative and integrated community destinations.
A New Chapter for Al Mamsha
Al Mamsha Raseel is the latest phase of the award-winning Al Mamsha master plan — a fully walkable community that blends residential, retail, and leisure spaces in a modern, car-free environment. The new Raseel phase will span over 820,000 square feet and include:
- Over 1,200 residential units ranging from studio apartments to three-bedroom homes
- Retail and F&B outlets across a vibrant boulevard
- Landscaped parks, interactive fountains, and pedestrian-friendly walkways
- Health and wellness facilities including gyms, pools, and green rooftops
- Smart home technologies integrated throughout the development
According to Alef Group officials, Raseel will be a “city within a city,” designed with sustainability and modern living in mind.
Strategic Investment in Sharjah’s Future
Valued at $300 million (AED 1.1 billion), Al Mamsha Raseel represents one of the largest private sector investments in Sharjah’s real estate sector this year. The project aligns closely with the emirate’s broader urban development strategy, which focuses on sustainable growth, lifestyle enhancement, and economic diversification.
“This groundbreaking is a reflection of our commitment to pushing the boundaries of residential development in Sharjah,” said Issa Ataya, CEO of Alef Group. “Al Mamsha Raseel is more than just a real estate project — it’s a future-ready community where comfort, technology, and sustainability come together.”
Location Advantage
The Al Mamsha Raseel project is strategically located in the Muwaileh area, near the Sharjah University City and just minutes from Sharjah International Airport. The location ensures easy connectivity to key destinations across Sharjah, Dubai, and the Northern Emirates, making it ideal for both residents and investors.
A Step Toward Smart Urbanism
In line with the UAE’s smart city goals, Alef Group is embedding the latest smart infrastructure and sustainable technologies into the Raseel development. Features will include:
- Energy-efficient building designs
- Advanced waste and water management systems
- Solar-powered amenities and lighting
- Smart access and security systems for residents
These innovations are part of Alef’s broader vision to set new standards in urban design and contribute meaningfully to Sharjah’s future as a sustainable and smart emirate.
Real Estate Market Impact
Sharjah’s real estate market has been experiencing robust growth, fueled by increasing demand for affordable yet high-quality housing options. The launch of Al Mamsha Raseel is expected to attract both regional and international investors looking to capitalize on the emirate’s strong rental yields, lifestyle appeal, and pro-investor regulations.
Industry analysts anticipate that the development will boost the local job market, attract expatriates, and provide a model for future mixed-use projects in the UAE.
About Alef Group
Established in 2013, Alef Group is one of Sharjah’s premier property developers, committed to creating lifestyle-focused communities with modern architecture, integrated smart technologies, and world-class amenities. The company is known for its portfolio of innovative projects, including the flagship Al Mamsha and Hayyan communities.
In Summary
Alef Group’s $300 million investment in Al Mamsha Raseel reflects a bold vision for the future of Sharjah’s real estate. With cutting-edge infrastructure, sustainable design, and prime location, the development is set to become a landmark community — redefining urban living in the emirate and supporting its journey toward a smarter, greener future.
