Alef Group Completes Phase One Sales of $1.1bn Sharjah Project

Summary:

Alef Group has successfully sold out Phase One of Linar, a waterfront residential development in Al Mamzar, valued at AED 4 billion ($1.1 billion). The project includes five towers offering 2,620 residences, featuring one-, two-, and three-bedroom apartments and penthouses. Strong demand led to the release of Towers D and E, emphasizing the project's exclusivity on a prime waterfront plot. Prices start at AED 945,000 for one-bedroom units. The development's appeal is bolstered by strategic location, quality design, and upcoming infrastructure improvements, underscoring confidence in Sharjah's real estate market.