Gulf Today

Alef la unches Da rb 3 in Al M a sha Ra seel

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SHARJAH: Alef Group, the leading real estate developer in Sharjah, has launched Darb 3 in Al Mamsha Raseel (Zone 3), following record sales achieved with Al Mamsha Raseel - Darb 1 developmen­t project, to be delivered on time in the last quarter of 2024.

The launch of Darb 3 coincides with recent amendments to Sharjah property ownership laws to encourage internatio­nal and expat investment to the Emirate.

Alef Group said, “We are happy to report that we have achieved record sales with our Darb 1 developmen­t in Al Mamsha Raseel Zone 3, of the Al Mamsha Sharjah developmen­t, and are now thrilled to announce the launch of the third building, Darb 3, in the same cluster.”

Darb 3 is the third building in the Darb Cluster in Zone 3 of the company’s Al Mamsha Raseel developmen­t. The Dhs1.6 billion project will be the city’s first fully walkable community.

“We strive to provide the Emirate with a unique lifestyle experience, with access to world-class retailers and entertainm­ent for families and investors to enjoy, and highlighti­ng Sharjah’s advancemen­ts and excellence in the fields of culture, education, and urbanisati­on. The new developmen­t will showcase and embody key elements of Sharjah’s rich history and culture.”

Local and internatio­nal investors will benefit in this project by recent amendments made to property ownership laws in the Emirate of Sharjah. Darb 3 comprises 213 units, offering a variety of modern one-, two-, and three-bedroom apartments with private terraces and outdoor spaces and interactiv­e water features.

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