Alef Hamsa 3 in Al Mamsha, Sharjah is a new residential project by Alef Group in Sharjah. It is part of Al Mamsha, a large mixed-use community built around homes, shops, restaurants, open spaces and walkable streets.
The project comes at a time when Sharjah’s property market is gaining strength. The emirate recorded AED 65.6 billion in real estate trading value in 2025. This was a 64.3% rise from 2024. The number of transactions also increased by 26.3% to 132,659.
The market remained strong in 2026. Savills reported that Sharjah recorded AED 18.5 billion in real estate trading value in Q1 2026, up 40.7% from the same period in 2025.
This makes Hamsa 3 worth a closer look for both homebuyers and investors.
For end-users, the project offers modern apartments in a planned community. For investors, the main questions are price, rental income, future demand and the payment plan.
Quick Overview
| Factor | Hamsa 3 Al Mamsha |
| Developer | Alef Group |
| Location | Al Mamsha, Sharjah |
| Property type | Apartments |
| Configurations | 1, 2 and 3 bedrooms |
| Starting price | Around AED 919,000 |
| Publicly listed range | Around AED 919,000–AED 1.839 million |
| Payment plan | 40/60 |
| Expected handover | 2029 |
| Community | Al Mamsha Raseel |
| Ownership | Freehold in the designated development framework |
Public listings show Hamsa 3 starting at about AED 919,000. The project offers 1-, 2- and 3-bedroom apartments with a reported 40/60 payment plan.
Prices and unit availability can change. Buyers should confirm the latest figures before making a reservation.
Why This Project Matters
Hamsa 3 is part of Al Mamsha Raseel, one of the newer sections of the Al Mamsha master community.
Al Mamsha covers about 3 million sq. ft. It was designed as Sharjah’s first fully walkable community. The master plan combines homes with shops, dining, green areas and pedestrian routes.
This gives the project a different feel from a typical apartment building.
Residents have access to daily services and leisure areas within the wider community. This can be useful for families and tenants who want fewer car trips for short journeys.
The wider Muwaileh market also supports the project. In 2025, the average apartment price in Muwaileh was about AED 964,000. The area recorded an estimated ROI of 4.40%. Average prices reached about AED 999 per sq. ft., up 1.58% from 2024.
For buyers, Hamsa 3 is therefore entering a market with an existing residential base and rising demand.
Location Benefits
Location is one of Hamsa 3’s main advantages.
The project is in Muwaileh, Sharjah, close to Sheikh Mohammed Bin Zayed Road, also known as E311. It is also close to University City.
Al Mamsha connects to Khalid Bin Sultan Al Qasimi Boulevard. This gives residents road access to several parts of Sharjah and nearby areas.
Key destinations include:
- University City
- Sharjah International Airport
- Al Zahia
- Aljada
- Education and employment areas in Sharjah
- Dubai through E311
University City is especially important for rental demand. It brings students, teachers, staff and families into the wider area.
Sharjah International Airport is another advantage. It serves both residents and businesses and is also going through major expansion.
The airport expansion has a reported cost of AED 2.4 billion. It is designed to increase annual passenger capacity to more than 25 million by 2027.
Road access is strong, but public transport is a weaker point. There is no metro station directly at Al Mamsha. Muwaileh Bus Terminal is the closest major bus facility. Most residents are likely to rely on cars, taxis or ride-hailing services.
Nearby Landmarks
Hamsa 3 is close to several useful destinations.
- University City Sharjah: A major education hub.
- Sharjah International Airport: An important regional airport.
- 06 Mall: A nearby retail and entertainment destination.
- City Centre Al Zahia: Around five minutes from Al Mamsha.
- Aljada: A large mixed-use community nearby.
- Sharjah Cricket Stadium: Around 10 minutes by car.
- Schools and nurseries in Muwaileh: Useful for family demand.
These locations add practical value for both residents and tenants.
For families, schools and retail are important. For investors, nearby education and business areas can help support rental demand.
Property Types and Floor Plans
Hamsa 3 offers 1-, 2- and 3-bedroom apartments.
Current published examples include:
- 1-bedroom: From about AED 919,000, with examples around 593 sq. ft.
- 2-bedroom: Around AED 1.389 million, with examples around 1,056 sq. ft.
- 3-bedroom: Around AED 1.839 million, with examples around 1,557 sq. ft.
These figures are examples, not fixed prices. The final price can change based on the floor, view, layout and availability.
Buyers should also compare the price per sq. ft. A lower total price does not always mean better value.
The 1-bedroom units may suit investors who want a lower entry price. Two-bedroom apartments can attract a wider family tenant base. Three-bedroom homes are more likely to appeal to larger families and end-users.
Lifestyle and Amenities
Al Mamsha is built around a walkable lifestyle.
Residents can access landscaped areas, shops and leisure spaces within the wider community. This is one of the project’s main selling points.
Expected facilities include:
- Swimming pools
- Gym
- Landscaped gardens
- Water features
- Children’s play areas
- Walking paths
- Retail shops
- Cafes and restaurants
- Underground parking
- Outdoor community areas
Al Mamsha has more than 7,000 basement and podium parking spaces across the community.
The design also focuses on natural light, balconies and open areas. The aim is to create homes that feel connected to the surrounding community.
This makes Hamsa 3 suitable for several buyer groups. Young professionals may prefer the 1-bedroom apartments. Families may choose two- or three-bedroom homes. Investors can focus on units with strong rental demand.
Architecture and Design
Hamsa 3 uses a modern design that focuses on practical community living.
The buildings feature contemporary lines, landscaped areas and water elements. The elevated podium helps separate private residential areas from the public spaces below.
The main design benefits include:
- Natural light.
- Green areas.
- Walkable spaces.
- Shared facilities.
- Nearby retail.
- Modern interiors.
The value of the design comes from the full community, not just the building itself.
Payment Plan
The reported payment plan for Hamsa 3 is 40/60. Some listings also show a 5% booking or initial payment as part of the overall structure.
A 40/60 plan can reduce the amount a buyer needs to pay at the start. However, it also means the buyer must plan carefully for later payments.
For example, on a property priced at AED 919,000:
- 40% = AED 367,600
- 60% = AED 551,400
This example shows why cash-flow planning matters.
The exact payment dates and percentages should be confirmed in the sale and purchase agreement. Plans can vary by unit and release.
For investors, the main benefit is that the property can be bought before completion without paying the full price at once. The main risk is the large amount that may be due closer to handover.
Investment Analysis
The rental market is one of the main reasons to consider Hamsa 3.
In 2025, average annual rents in Muwaileh were about:
- 1-bedroom: AED 38,000
- 2-bedroom: AED 54,000
One-bedroom rents rose 5.56% year-on-year. Two-bedroom rents increased 10.20%.
Bayut’s current Al Mamsha data shows estimated apartment ROI of:
- Studio: 5.86%
- 1-bedroom: 4.59%
- 2-bedroom: 3.79%
- 3-bedroom: 4.43%
If a 1-bedroom Hamsa 3 unit costs AED 919,000 and rents for AED 38,000 a year, the gross rental yield would be about 4.1%.
At a 4.59% yield, annual rental income would be around AED 42,200.
These numbers show why investors should use local rental data rather than rely on high advertised returns.
A reasonable planning range for Hamsa 3 is around 4–6% gross rental yield. The actual return could be higher or lower. It will depend on the purchase price, unit size, rent, service charges, vacancy and property condition.
Capital growth may add to the return. Sharjah strong 2025 market and rising rents support the wider investment case.
Still, price growth should not be treated as guaranteed.
Hamsa 3 vs Competing Developments
| Project | Starting price | Payment plan | Positioning |
| Hamsa 3 | ~AED 919K | 40/60 | Modern mid-market community |
| Hamsa 2 | ~AED 794K | 40/60 | Lower entry price |
| Nama Phase 6 | ~AED 729K | 5/5/90 | Lower entry, large final payment |
| Palace Residences Al Mamsha | ~AED 1.65M | 10/30/60 | Premium residential segment |
Hamsa 3 sits in a middle position.
Hamsa 2 and Nama Phase 6 may suit buyers focused on a lower entry price. Hamsa 3 may suit buyers who prefer a newer phase and are willing to pay more.
Palace Residences is aimed at a higher-end buyer. It is less relevant to investors looking for an entry price below AED 1 million.
The right choice depends on the unit price, payment terms, expected rent and expected holding period.
Who Should Consider This Project?
First-Time Investors
A 1-bedroom apartment may be the most practical option. The entry price is below AED 1 million, while Muwaileh already has an active rental market.
Families
Two- and three-bedroom apartments are better suited to families. Nearby schools, University City, shops and community facilities support daily life.
Dubai-Based Buyers
Muwaileh can offer a lower entry point than many new Dubai developments. Buyers who work in Dubai but want more affordable property may find the area worth considering.
Long-Term Investors
Hamsa 3 is more suitable for investors who can wait through construction and hold the property after completion.
It is not designed for buyers who need rental income immediately.
End-Users Seeking a Walkable Community
The project is a good match for buyers who value shops, restaurants, outdoor areas and leisure facilities close to home.
Conclusion
Alef Hamsa 3 in sharjah is worth considering in 2026 for buyers who want a modern apartment in a planned community.
Its main strengths are its Muwaileh location, access to University City, road links to Dubai, nearby retail and the walkable design of Al Mamsha. The starting price of around AED 919,000 also gives investors an entry point below AED 1 million for selected 1-bedroom units.
For investors, the numbers need careful review.
Muwaileh has an active rental market. Sharjah’s wider property market also showed strong growth in 2025 and early 2026. But buyers should use a realistic 4–6% gross rental yield range when planning rather than relying on aggressive return claims.
Hamsa 3 may work best for buyers with a 3–5 year holding period, enough capital to meet the later payment stages and a clear plan for either rental income or resale.
Before buying, compare the exact unit with Hamsa 2, Nama and completed Al Mamsha properties. Check the price per sq. ft., floor plan, view, payment schedule, service charges and expected rent.
The project may look attractive at the headline level. The real value depends on the specific unit and the price you pay for it.
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