Nama 5 at Al Mamsha Raseel – Eco-Conscious Aqua Living by Alef Group

Alef Group
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Starting Price

709,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Nama Phase 5 is a flagship residential building within the Al Mamsha Raseel (Zone 3) masterplan, by the Alef Group. Located in the thriving Muwaileh district, Nama 5 is part of Sharjah’s first fully walkable community, where all vehicular traffic is diverted underground to create a safe, pollution-free ground level for residents. The project is crafted around the concept of “Aqua Living,” blending serene water features and interactive fountains into the modern architectural landscape.

Comprising 190 premium units, Nama 5 features 1, 2, and 3-bedroom apartments characterized by 3.2-meter high ceilings, Italian-designed bathrooms, plus smart home automation. The building’s orientation is strategically planned to enhance natural ventilation and wind flow, significantly lowering energy consumption. With construction already underway, the project is scheduled for estimated completion by September 1, 2028, featuring a future-ready lifestyle for families and professionals.

 

Property Details

Feature Details
Developer Alef Group
Location Al Mamsha Raseel, Muwaileh, Sharjah
Property Type Luxury Smart Apartments
Starting Price AED 709,000
Government Fee 4% (Registration Fee)
Unit Status Off-Plan / Under Construction
Ownership Freehold for all Nationalities
Estimated Completion September 1, 2028
Views Al Mamsha Water Features, Landscaped Parks, and Shaded Sidewalks

Location & Connectivity

Nama Phase 5 provides a central position in “New Sharjah,” ensuring residents are minutes away from the city’s academic and commercial cores:

  • 05 mins – Sharjah Mosque & University City of Sharjah
  • 07 mins – Zero 6 Mall by Alef Group
  • 10 mins – Sharjah Healthcare City & College of Medicine
  • 12 mins – Sharjah International Airport
  • 20 mins – Al Khan Beach
  • 35 mins – Dubai International Airport (DXB)

Why Invest in Nama Phase 5

  • Strategic Rental Yield: Located next to University City (hosting 30,000+ students and staff) and Sharjah Healthcare City, ensuring high occupancy rates.
  • Capital Appreciation: Al Mamsha is one of Sharjah’s most sought-after communities, with earlier phases seeing significant price growth before completion.
  • Eco-Efficient Design: High-performance insulation and natural ventilation systems reduce long-term utility costs for owners and tenants.
  • Unique Lifestyle: The first-of-its-kind walkable and tech-integrated neighborhood in the Northern Emirates provides a “Dubai-style” lifestyle at Sharjah prices.
  • Flexible Entry: The 30% post-handover payment plan lowers the barrier for first-time buyers and improves cash flow for seasoned investors.

End Description

Features

Card Down payment: 10%

Card During Construction: 40%

Card On Completion: 50%

Location

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Floor Plan Tab

For: 1 Bedroom Apartment
Starting Price: Call Us
Average Area: 950 Sq. Ft

For: 2 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,400 Sq. Ft.

For: 3 Bedroom Apartment
Starting Price: Call Us
Average Area: 2,000 Sq. Ft.

Gallery:

Floor Plan

Features & Amenities

Awesome Image BBQ Stations
Awesome Image Yoga Garden
Awesome Image Gym
Awesome Image Padel Courts
Awesome Image Calm Palm Garden
Awesome Image Q1: Is Nama Phase 5 a freehold property for expats?
Awesome Image Q2: What makes Phase 5 different from previous phases?
Awesome Image Q3: Is the smart home system included in the price?

Payment Plan:

Down Payment

During Construction

On Completion

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Starting Price

709,000

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Property Type

1-2 BR Apartments

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Payment Plan

60/40

Frequently Asked Questions:

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