OffplanIndex
Sharjah · Off-plan project · July 2026

Sawa phase 4 By Alef Group

Muwaileh · by Alef · Sharjah

Likely sold outUnder constructionHandover Q4 20261 priced units1 unit plansLimited data

This project sits outside the full evidence tier: it is in Sharjah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.

Price from
AED 590K
AED 590,000, in the Under AED 1M band
Median AED/sqft
881
across 1 priced records
Paid before handover
40%
40% of it falls after the keys
Scheduled handover
Q4 2026
developer-published date for 2026
Everything the corpus holds on this project

The record

DeveloperAlef
CommunityMuwaileh
CitySharjah
Sale statusLikely sold out
ConstructionUnder construction
ClassificationOff-plan
Property typesApartment
Bedrooms offered1, 2, 3
Priced unit records1
Unit plans listed1

Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 881 per sqft, 32% below the Muwaileh median, and 56% below the Dubai median.

AED 881
This project, AED 881Muwaileh median, AED 1,294Middle half of Muwaileh, AED 1,249 to 1,368Dubai median, AED 2,021
Against Muwaileh
-32%
on a median of AED 1,294 from 515 priced units
Against Dubai
-56%
on a median of AED 2,021 from 42,490 priced units
Position in Muwaileh
1 of 22
priced projects in the community ask less per sqft than this one

AED per sqft of built-up area, the median across 1 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.

Alef publishes 326 priced records across 15 projects in Muwaileh, at a median of AED 1,277 per sqft, 1% below the rate for the address as a whole. The full benchmark, every rival builder in Muwaileh beside it, is on Alef in Muwaileh.

What is due before the keys, and what is not

The payment plan

What the plan is worth
3.25%
plan discount at 5.0% a year
AED 570,817
effective price, against AED 590,000 headline
852
effective AED/sqft

This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 3.25% less than the headline, or AED 19,183 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.

This plan states a post-handover tail without saying how long it runs, so it is priced over 24 months, the shorter of the two lengths the corpus states. The real discount is probably deeper than shown. Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.

Sawa phase 4 By Alef Group
40%
20%
40%
40%
Before handover
20%
On handover
40%
After handover

On the published entry price of AED 590,000 that is AED 236,000 before handover and AED 236,000 after the keys. Run other prices through the payment plan calculator.

Median plan structure across 48 published plans in Muwaileh
44%
50%
On booking 6%During construction 44%On handover 50%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 31% of plans in Muwaileh schedule instalments after the keys.

The rest of the community, on the same measures

More in Muwaileh

All 43 projects
Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Muwaileh, Sharjah 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.

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.