Sharjah $1.1B Waterfront Project Sells All 2,683 Homes

Alef Group sells all 2,683 homes at its AED 4 billion Linar waterfront development in Al Mamzar, Sharjah, before construction begins, reflecting strong demand from domestic and international buyers.

Alef Group has sold all 2,683 residential units at Linar, its AED 4 billion ($1.1 billion) waterfront development in Al Mamzar, Sharjah, before construction begins. The complete sell-out follows strong demand for the first three residential towers and the subsequent sale of units in the final two towers. Construction is scheduled to commence this year.

Linar comprises five residential towers forming part of a wider mixed-use waterfront development. The project is positioned along the Al Mamzar waterfront and benefits from approximately 325 metres of sea-facing frontage. Earlier plans for the development included residential apartments, penthouses, retail and service spaces, creating an integrated community environment.

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The residential offering includes one-, two- and three-bedroom apartments, along with a limited collection of penthouses. The first phase, covering Towers A, B and C, records strong investor interest, prompting Alef Group to expand sales to Towers D and E. The final two towers subsequently sell out, completing the residential sales programme.

Demand for Linar comes from a diverse buyer base, including domestic purchasers, international business owners and executives, and overseas investors. According to Alef Group, the broad participation reflects interest in waterfront residential communities and Sharjah’s growing appeal among buyers seeking long-term property investment opportunities.

The project occupies a strategic waterfront location and represents Alef Group’s first comprehensive urban coastal master plan. The development is designed around premium waterfront living while integrating sustainability measures into its construction and infrastructure. These include the use of low-carbon concrete incorporating recycled materials, rubberised asphalt for internal roads and solar panels within the infrastructure.

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Linar forms part of Alef Group’s wider portfolio of integrated communities in Sharjah, which includes developments such as Al Mamsha and Hayyan. The company is positioning its projects around different lifestyle concepts while expanding residential and community infrastructure across the emirate.

With all 2,683 homes now sold, Linar moves into its construction phase. The development’s pre-construction sell-out provides an indication of the demand being generated by large-scale waterfront residential projects in Sharjah, while the project continues to advance as part of the emirate’s broader urban development programme.