Alef off-plan projects: AED 1,269/sqft
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Developer portalAlef has 40 off-plan projects in our July 2026 dataset across 4 communities (most in Muwaileh, Hayyan, Al Mamzar - Sharjah), ranking #15 by project count among UAE developers we track.
Across 344 priced unit records the median asking price is AED 1,269 per sqft (37% below the Dubai-wide off-plan median), with the middle half between AED 1,188 and AED 1,597.
The median unit is AED 1.49M for 1,169 sqft.
Alef payment plans typically ask 10% on booking and 40% before handover; 44% include post-handover instalments.
Its heaviest handover year is 2029 with 13 projects due.
Scorecard
| Measure | This developer | Base | What it says, and does not |
|---|---|---|---|
| Completions on record | 7 | 40 off-plan | Buildings the corpus records as handed over, 2024 to 2025, 7 of them since 2024. It is a count of completions, not a punctuality record: see the note below. |
| Past its stated handover | 0 of 39 | 0% vs 6% market | Off-plan projects whose own published handover date has passed while the source still records them as under construction. One observation cannot separate a delayed building from a listing nobody refreshed, so this is a flag to check, not a finding: a proxy for on-time delivery, never a rate. Ranked across every developer at the delivery track record page. |
| Price against neighbours | 0.91x | 16 projects | Each project’s median rate per sqft over the median of the other builders in the same community, then the median of those. The developer’s own projects are excluded from the benchmark. Middle half 0.80x to 1.14x. |
| Payment plan discount | 8.04% | 29 schedules | How much less the unit costs in today’s money than its headline, once the published schedule is discounted. Market median 5.13%. Terms, not price: the full ranking. |
| Community footprint | 4 communities | 39 located projects | A concentrated book: 87% of it sits in Muwaileh. Concentration is a fact about exposure, in either direction, not a verdict. |
| Listing completeness | 86% | 40 off-plan | Share of five listing facts published across its own projects: price 78%, handover date 98%, unit inventory 90%, payment plan 73%, coordinates 90%. Market 86%. This scores disclosure, not the buildings. |
The scorecard does not measure whether Alef hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,030 of the 1,083 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.
Price trend
One snapshot so far: AED 1,269 per sqft median over 344 priced units on 2026-07-30. A trend needs a second read; it is drawn here the day the next snapshot lands, one point per read, never interpolated.
Stated handover dates, read twice
This is not a delivery record and not an on-time rate. Across every developer, 362 stated handover dates read earlier against 105 that read later, so a difference is at least as likely to be two portals disagreeing as a builder revising. No handover in this set has been observed happening. How this is read, and every developer at once.
At the launch stage
| Project | Developer | Community | Handover | From AED | Priced units | Stage |
|---|---|---|---|---|---|---|
| Suroor 4 | Alef | Muwaileh | Q4 2026 | 515K | 1 | Booking open |
| Sawa 1 | Alef | Not stated | Q4 2026 | 590K | 2 | Booking open |
| Nama Phase 4 By Alef Group | Alef | Muwaileh | Q1 2028 | 729K | 1 | Booking open |
| Al Mamsha Hamsa | Alef | Muwaileh | Q1 2029 | 919K | 0 | Booking open |
| Linar by Alef | Alef | Al Mamzar - Sharjah | Q2 2031 | 849K | 1 | Booking open |
Status as each listing stated it on the read date. Each handover quarter with a page: Q4 2026, Q1 2028, Q1 2029. The whole launch calendar.
Where the prices sit
239 of the 344 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.
By bedroom count
| Type | Units | Median rateAED/sqft | Middle halfAED/sqft | Median priceAED | Median sizesqft | EntryAED, p25 |
|---|---|---|---|---|---|---|
| 1 BR | 149 | 1,368 | 1,277 to 1,772 | 729K | 668 | 729K |
| 2 BR | 132 | 1,258 | 1,249 to 1,329 | 1.55M | 1,187 | 1.47M |
| 3 BR | 50 | 1,180 | 1,152 to 1,194 | 1.89M | 1,634 | 1.82M |
| 4 BR | 7 | 1,008 | 1,006 to 1,008 | 5.17M | 5,126 | 3.96M |
| 6+ BR | 4 | 862 | 862 to 862 | 8.11M | 9,405 | 8.11M |
SourceOffplanIndex corpus, July 2026n = 342 priced unit recordsasking prices, not transactionsMethod
By property type (median AED/sqft): Apartment 1,276 (330), Villa 947 (9), Townhouse 984 (4).
Payment plan norms
Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.
Alef launch terms
Down payment mix: of Alef’s 29 off-plan projects with a readable payment plan, the number offering a plan with each deposit due on booking. A project can sit in more than one band.
Service charge, as Alef states it at launch: a median of AED 10 per sqft a year across 5 projects. Not the RERA index. Every community compared.
Counted from the same readable plans and the same band tests as the payment plan pages, off-plan projects only. Each part appears once three projects support it.
Delivery pipeline
Alef by address
A community earns a page here at 25 or more priced records across two or more Alef projects. Each one holds the builder still and compares it with everyone else selling at the same address.
Where Alef builds
Every Alef off-plan project
| Project | Community | Type | From | Median AED/sqft | Pre-handover | Handover | Status |
|---|---|---|---|---|---|---|---|
| Olfah | Muwaileh | Apartment | AED 904K | 1,255 | 30% | Q4 2029 | On sale |
| Palace Residences Al Mamsha | Muwaileh | Apartment | AED 1.45M | 1,772 | 40% | Q1 2029 | On sale |
| Nama Phase 4 By Alef Group | Muwaileh | Apartment | AED 729K | 1,328 | 70% | Q1 2028 | Booking open |
| Al Mamsha Sharjah | Muwaileh | AED 999K | 1,180 | 34% | Q4 2029 | On sale | |
| Hayyan | Hayyan | Townhouse, Villa | AED 2.92M | 1,005 | 39% | Q4 2028 | On sale |
| Al Mamsha Hamsa | Muwaileh | Apartment | AED 919K | 1,439 | n/a | Q1 2029 | Booking open |
| Nama Phase 3 By Alef Group | Muwaileh | Apartment | AED 819K | 911 | 50% | Q1 2028 | Likely sold out |
| Linar by Alef | Al Mamzar - Sharjah | Apartment | AED 849K | 1,140 | 30% | Q2 2031 | Pre-sale |
| Nama Phase 5 By Alef | Muwaileh | Apartment | AED 709K | 1,045 | 50% | Q3 2028 | Likely sold out |
| Palace Residences 2 | Muwaileh | Apartment | AED 1.70M | 1,609 | 40% | Q1 2029 | On sale |
| Deem | Hayyan | Townhouse, Villa | AED 1.69M | 920 | 50% | Q4 2026 | On sale |
| Al Mamsha Hamsa Phase 2 By Alef Group | Muwaileh | Apartment | AED 794K | 1,173 | 40% | Q2 2029 | Likely sold out |
| Nama Phase 6 By Alef Group | Muwaileh | Apartment | AED 729K | 1,189 | 10% | Q4 2028 | Likely sold out |
| Sawa 1 | Sharjah | Apartment | AED 590K | 1,071 | 40% | Q4 2026 | Booking open |
| Sawa phase 2 By Alef Group | Muwaileh | Apartment | AED 590K | 1,054 | 40% | Q4 2026 | Likely sold out |
| Sawa phase 3 By Alef Group | Muwaileh | Apartment | AED 590K | 1,042 | 40% | Q4 2026 | Likely sold out |
| Sawa phase 4 By Alef Group | Muwaileh | Apartment | AED 590K | 881 | 40% | Q4 2026 | Likely sold out |
| Suroor 4 | Muwaileh | Apartment | AED 515K | 801 | 40% | Q4 2026 | Booking open |
| Suroor Phase 2 By Alef Group | Muwaileh | Apartment | AED 515K | 1,645 | 40% | Q4 2026 | Likely sold out |
| Arim | Barashi | AED 1.40M | n/a | n/a | Q4 2026 | Not stated | |
| Arim Villas And Townhouses | Sharjah | Townhouse, Villa | AED 1.40M | n/a | 39% | Q4 2025 | Likely sold out |
| Darb By Alef Group | Muwaileh | Apartment | AED 639K | n/a | 36% | Q4 2025 | Likely sold out |
| Darb Phase 2 By Alef Group | Muwaileh | Apartment | AED 695K | n/a | 50% | Q1 2028 | Likely sold out |
| Darb Phase 3 By Alef Group | Muwaileh | Apartment | AED 799K | n/a | 100% | Q4 2025 | Likely sold out |
| Darb Phase 4 By Alef Group | Muwaileh | Apartment | AED 769K | n/a | 50% | Q4 2024 | Likely sold out |
| Darb Phase 5 By Alef Group | Muwaileh | Apartment | AED 739K | n/a | 0% | Q4 2025 | Likely sold out |
| Edge 2 | Muwaileh | n/a | n/a | n/a | n/a | Not stated | |
| Hamsa | Muwaileh | n/a | n/a | n/a | Q1 2029 | Not stated | |
| Hamsa 3 | Muwaileh | Apartment | AED 919K | n/a | n/a | Q4 2029 | On sale |
| Nama Phase 1 By Alef Group | Muwaileh | Apartment | AED 875K | n/a | 100% | Q4 2027 | Likely sold out |
| Nama Phase 2 By Alef Group | Muwaileh | Apartment | AED 729K | n/a | n/a | Q2 2028 | Likely sold out |
| Olfah 10 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 11 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 12 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 6 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 7 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 8 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah 9 | Muwaileh | Apartment | n/a | n/a | 60% | Q2 2030 | Likely sold out |
| Olfah Phase 2 by Alef | Muwaileh | Apartment | AED 689K | n/a | n/a | Q1 2029 | Likely sold out |
| Olfah Phase 3 by Alef | Muwaileh | Apartment | AED 754K | n/a | n/a | Q1 2029 | On sale |
| Olfah Phase 4 by Alef | Muwaileh | Apartment | AED 879K | n/a | n/a | Q1 2029 | On sale |
| Olfah Phase 5 by Alef | Muwaileh | Apartment | AED 844K | n/a | n/a | Q1 2029 | Likely sold out |
| Palace Residences 1 | Muwaileh | AED 1.70M | n/a | n/a | Q1 2029 | Not stated | |
| Samr | Hayyan | Townhouse | AED 2.39M | n/a | 40% | Q4 2028 | On sale |
| Souq Al Mamsha | Muwaileh | Apartment | AED 629K | n/a | 40% | Q4 2026 | Likely sold out |
| Suroor By Alef Group | Muwaileh | Apartment | AED 515K | n/a | 30% | Q4 2024 | Likely sold out |
| Suroor Phase 3 By Alef Group | Muwaileh | Apartment | AED 515K | n/a | n/a | Q4 2024 | Likely sold out |
Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.
Developers at a similar price point
Alef side by side
Questions this data answers
What is Alef's average off-plan price per sqft?+
Across 344 priced units in 43 Alef projects (July 2026), the median asking price is AED 1,269 per sqft, with the middle half between AED 1,188 and AED 1,597.
Where is Alef building off-plan?+
Alef has projects in 4 communities. The largest concentrations are Muwaileh (40), Hayyan (3), Al Mamzar - Sharjah (1), Barashi (1).
What payment plan does Alef usually offer?+
Across 43 published Alef payment plans the median structure is 10% on booking, 35% during construction and 20% on handover, so 40% before keys. 44% of plans include post-handover instalments.
When are Alef's off-plan projects handing over?+
Scheduled handovers by year: 2024: 3, 2025: 4, 2026: 9, 2027: 1, 2028: 8, 2029: 13, 2030: 7, 2031: 1. Dates are as published by the developer and can move.
How much does a Alef off-plan unit cost?+
1 BR: median AED 729,000 for 668 sqft; 2 BR: median AED 1,554,000 for 1,187 sqft; 3 BR: median AED 1,889,000 for 1,634 sqft; 4 BR: median AED 5,169,000 for 5,126 sqft; 6+ BR: median AED 8,113,000 for 9,405 sqft.
Read next
The full report: every community, every developer, ranked.
Alef in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
Source: OffplanIndex derived analytics, built 2026-10-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.