Olfah Phase 5 is the newest addition to the revolutionary Olfah masterplan by Alef Group, positioned in the heart of the Muwaileh Commercial district, Sharjah. This particular AED 2.5 billion development is a first-of-its-kind “forest-designed” community, emphasizing wellness, sustainability, and pedestrian-first urban planning. The project showcases 12 buildings integrated onto a single-level platform, keeping all vehicular traffic underground to create a safe, 100% car-free ground level for residents.

The highlight of Olfah Phase 5 is its connection to the biggest private community park in Sharjah, spanning over 26,000 square meters. Each particular residence is meticulously designed to provide panoramic views of lush greenery, infinity pools, and the surrounding skyline. With high-quality finishes, Italian-inspired interiors, and a location adjacent to Sharjah’s educational and healthcare hubs, Olfah Phase 5 represents a unique investment in “New Sharjah.” Construction is active, with an estimated completion date set for March 2029.

Property Details

Location & Connectivity

Olfah Phase 5 located at the crossroads of Sharjah’s most major academic and commercial districts:

• 05 mins – University City of Sharjah & Zero 6 Mall
• 05 mins – Sharjah Industrial Area & Al Zahia
• 10 mins – Sharjah International Airport
• 10 mins – Sharjah National Park
• 15 mins – Dubai International Airport (DXB)
• 25 mins – Downtown Dubai & Burj Khalifa

Why Invest in Olfah Phase 5

• First Walkable Concept: Pedestrian-only communities traditionally see higher property appreciation and lower vacancy rates.
• Academic Proximity: Being just 5 minutes from University City ensures a permanent rental pool of students and academic professionals.
• Green Premium: Living within the largest private park in Sharjah is a unique selling point that cannot be replicated by competitors.
• High Net ROI: Projected net rental yields in Muwaileh for smart, park-facing units range between 7.5% and 8.5%.
• Zero Car Traffic: The car-free ground level makes it the most family-safe community in Sharjah, driving long-term demand from expatriate families.

End Description

Features

Card Down payment: 10%

Card During Construction: 50%

Card On Completion: 40%

Location

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Floor Plan Tab

For: 1 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,080 Sq. Ft.

For: 2 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,550 Sq. Ft.

For: 3 Bedroom Apartment
Starting Price: Call Us
Average Area: 3,169 Sq. Ft.