Olfah by Alef | 1BR from AED 240K Before Handover | 30/70 Plan

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

8th November 2026

Completion Status

Off-Plan

Payment Plan

60/40

Handover

Q1 2029

Developer

Alef Group

Project Name

Olfah 6

Discover Olfah by Alef, a new residential community in Muweilah, Sharjah, strategically located opposite University City and close to major road connections.

Olfah is designed as a modern, gated and walkable community, offering residents a lifestyle centered around landscaped green spaces, leisure facilities and pedestrian-friendly surroundings. The development features 1, 2 and 3-bedroom residences with a wide range of lifestyle amenities, including swimming pools, woodland walks, an amphitheatre, BBQ areas, children's play areas, landscaped green spaces and recreational facilities.

PROPERTY HIGHLIGHT
• 1 Bedroom apartments starting from AED 800,000
• Only AED 240,000 payable before completion
• Flexible 30/70 payment plan
• Handover expected in Q1 2029
• Freehold ownership
• Prime Muweilah location
• Approximately 2 minutes from University City
• Close access to E311
• Developed by Alef Group

PAYMENT PLAN – 30/70
10% Down Payment
AED 80,000
20% During Construction
AED 160,000 spread across the construction period of approximately 3 years
TOTAL BEFORE COMPLETION: 30%
AED 240,000
70% On Completion
AED 560,000

This means buyers can secure a 1-bedroom residence from AED 800,000 while paying only 30% of the property value during the construction period, with the remaining 70% payable upon completion.
COMPLETION
Q1 2029 / March 2029

Posted on: 7th November 2026