OffplanIndex
Prices on this site were last read 30 July 2026, 64 days ago.New launches added up to 30 September 2026.
Sharjah · Off-plan project · July 2026

Souq Al Mamsha

Muwaileh · by Alef · Sharjah

Likely sold outUnder constructionHandover Q4 20261 payment planLimited 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 629K
AED 629,000, in the Under AED 1M band
Median AED/sqft
Not published
no priced units published
Paid before handover
40%
from its published plan, nothing after the keys
Scheduled handover
Q4 2026
developer-published date for 2026
Everything the corpus holds on this project

The record

Developer
Alef
Community
Muwaileh
City
Sharjah
Sale status
Likely sold out
Construction
Under construction
Classification
Off-plan
Property types
Apartment
Bedrooms offered
Studio, 1, 2
Priced unit records
0
Payment plans listed
1
Sub-community
Al Mamsha
Ownership
Freehold

StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30

Blank means the developer published nothing, not that the answer is zero.

What can and cannot be said about this price

Where this price sits

No priced unit records have been published for Souq Al Mamsha, so there is no median AED/sqft to compare and we will not estimate one. What can be said is the ground it sits on: the 515 priced off-plan units in Muwaileh run at a median of AED 1,294 per sqft, with the middle half between AED 1,249 and AED 1,368, against a Dubai median of AED 2,021.

The one published price is the entry point, AED 629,000. Without a unit size it cannot be turned into a price per sqft, so it is left as it was published.

Fewer than eight priced units are published for Souq Al Mamsha, which is not enough to draw an honest spread, so this page draws none. The Muwaileh distribution above the community page is the closest evidence there is. What we do and do not compute.

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.

Share of the price at each stage, as the developer publishes it

The published payment plan

PlanDown paymentDuring constructionOn handoverAfter handoverStructure
Standard5%35%60%none40/60

Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape. Its handover quarter has a payment calendar page for Q4 2026: what every tracked project owes in that quarter.

What is due before the keys, and what is not

The payment plan

What the plan is worth
1.01%
plan discount at 5.0% a year
622,672AED
effective price, against AED 629,000 headline

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 1.01% less than the headline, or AED 6,328 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.

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.

Souq Al Mamsha
40%
60%
40%
Before handover
60%
On handover
0%
After handover

On the published entry price of AED 629,000 that is AED 251,600 before handover. 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 projects nearest this one on entry price, on the same measures

More in Muwaileh

All 43 projects

The same slice of Muwaileh: starting under AED 1M 23, handing over in 2026 8, with 5% or less down 15.

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.