PRESSR: Alef Group witnesses strong demand for Sharjah properties at ACRES in Dubai

Dubai: Alef Group, the leading real estate company in the Emirate of Sharjah has concluded its participation in the Acres Real Estate Exhibition in Dubai with a strong demand for its Sharjah properties.

The event, which attracted local and international investors and real estate agents, took place at the Dubai World Trade Center from May 16 to 19, 2024.

“We are delighted to have participated in the first edition of Acres Real Estate Exhibition in Dubai. We showcased our key real estate projects, Al Mamsha Sharjah and Hayyan, which were well-received. We are pleased with the big figures from the sales transactions, demonstrating the steady appeal of our projects,” said Issa Ataya, CEO of Alef Group.

Alef Group announced that it sold out 32 residential units from the Al Mamsha Sharjah and Hayyan projects at the event.

Al Mamsha Sharjah and Hayyan have emerged as the Emirate’s latest premier destinations for residents seeking an enhanced living experience. Situated conveniently close to Sharjah International Airport, children’s school complexes, the University of Sharjah, and Sharjah Healthcare City, these two distinguished residential and retail projects attract investors interested in upscale living.

Al Mamsha

Al Mamsha, the AED5 billion project, based in the Al Muwaileh area, will be the city’s first fully walkable community. It brings together modern living, retail, and leisure in an upscale pedestrian-friendly and tech-savvy environment. Spanning 3 million square feet, Al Mamsha is a destination that combines 3 different zones that are dedicated to buildings that contain a variety of residential units’ options and retail stores.

Hayyan

Hayyan, a AED3.5-billion development is spanning about 8.7 million square feet includes 1,882 villa units distributed over three different areas. The project, comprising 80,000 square feet of organic edible crops and more than 40,000 green trees, enhances the vision of the Emirate of Sharjah to achieve a sustainable green environment with globally applicable environmental standards.

Hayyan represents a unique experience of forming the green heart of Sharjah. The project includes the largest swimming lake in the emirate, open spaces with football, basketball, volleyball and tennis courts, a gymnasium, and 6 km of running and cycling tracks. Multiple options of restaurants, cafes, and a gym to provide its residents with integrated facilities overlooking the lake. In essence, Hayyan offers an integrated and exceptional experience combining nature, green spaces, modern facilities, and various services that meet all needs in one place.

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About Alef Group

The Alef Group, founded by the late visionary Sheikh Khalid Bin Sultan Al Qasimi in 2013, stands today as a testament to his pioneering spirit in the realm of lifestyle experience provision. Operating from its central hub in Sharjah, UAE, this privately-owned entity has carved a niche for itself as a trailblazer in the creation of premier lifestyle communities, destinations, and experiences. The group’s strategy hinges on insightful investment choices and the cultivation of strategic joint ventures, paving the way for innovation and excellence in the sector.

With a commanding presence reflected in a robust AED 10 billion asset base and extensive land bank, Alef Group’s premium developments are at the forefront, driving progress in both business and leisure initiatives. These developments are complemented by the group’s dedication to building high caliber residential communities that set industry benchmarks.

For a comprehensive overview of Alef Group’s endeavors and to stay abreast of their latest developments, please visit our website at www.alefgroup.ae. You are also encouraged to engage with us on our social media platforms, where we continuously share insights into our projects and community engagements: find us on LinkedIn (@AlefGroup), follow our Instagram feed (@AlefGroup), and subscribe to our YouTube channel (@AlefGroupLLC).

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