Off-planapartmentAlef Group

Palace Residences 2

Sharjah · Muwaileh · Al Mamsha

Key facts

Handover
Q1 2029
Status
Under construction
Ownership
freehold
Property types
apartment
Availability
Limited availability - confirm with us

Payment plan

Standard

10%

Down payment

30%

During construction

60%

On handover

Available units

TypeArea (sqft)BathroomsLayoutsStarting price
1 bedroom86821AED 1,700,000
2 bedroom1,31831AED 2,100,000
3 bedroom1,92741AED 3,100,000

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

About the project


Palace Residences 2 – Refined Residential Living in Sharjah


Palace Residences 2 is an off-plan residential development by Alef Group, set within one of Sharjah's most thoughtfully planned communities. Designed in collaboration with Emaar Hospitality, the project brings together 1, 2, and 3-bedroom apartments that prioritize spatial flow, natural light, and day-to-day comfort. Every layout has been considered with real living in mind — open interiors, well-proportioned rooms, and a quiet residential atmosphere that feels removed from the noise of the city without sacrificing access to it.


Whether you are a young professional seeking a first home, a growing family in need of more space, or an investor looking for a well-positioned asset in the UAE, Palace Residences 2 offers a compelling combination of design quality, community amenities, and long-term value.


Prime Location: Sharjah


Sharjah has steadily grown into one of the most livable emirates in the UAE, offering a blend of cultural richness, green open spaces, and a strong sense of community that distinguishes it from its neighbors. Palace Residences 2 sits within this fabric, benefiting from Sharjah's continued investment in infrastructure, education, and residential development.


The location places residents close to established retail corridors, schools, healthcare facilities, and leisure destinations, while maintaining the calm, residential character that makes Sharjah an attractive alternative to the faster pace of Dubai or Abu Dhabi. It is a setting that suits families and professionals alike.


Connectivity and Accessibility to Key Locations


Palace Residences 2 benefits from Sharjah's well-developed road network, making it easy to move between the emirate and the wider region. Key connections include:


  • Direct access to Sheikh Mohammed Bin Zayed Road, linking Sharjah to Dubai and other northern emirates
  • Proximity to Emirates Road, offering a straightforward route toward Ajman and Umm Al Quwain
  • Convenient distance from Dubai International Airport, reachable within approximately 30 to 40 minutes depending on traffic
  • Close to Sharjah International Airport, ideal for frequent travelers
  • Easy reach of Sharjah city center, including key retail, dining, and business districts


Property Types and Sizes


Palace Residences 2 offers a focused selection of apartment configurations designed to suit different lifestyles and household sizes. Each unit has been sized to allow genuinely comfortable living rather than maximizing unit count at the expense of space.


  • 1-bedroom apartments from 868 sq ft — ideal for singles or couples seeking a well-proportioned home
  • 2-bedroom apartments from 1,318 sq ft — suited to small families or those who value extra room for guests or a home office
  • 3-bedroom apartments from 1,927 sq ft — generously scaled layouts for families who need space to grow


Detailed Amenities and Facilities


Residents of Palace Residences 2 will have access to a well-rounded range of on-site facilities designed to support both an active lifestyle and quiet relaxation:


  • Indoor swimming pool for year-round use regardless of weather
  • Fully equipped gymnasium for fitness routines and training
  • Landscaped gardens offering green, shaded outdoor space for leisure and walking
  • Children's play area providing a safe, dedicated environment for younger residents
  • On-site restaurants for casual dining without leaving the community
  • CCTV security systems ensuring consistent monitoring and peace of mind throughout the development


Unique Architectural Features and Design Elements


Palace Residences 2 has been designed with a clear focus on internal coherence and visual calm. Apartment layouts follow a logical flow that moves naturally from shared living spaces into private areas, reducing the feeling of compartmentalization that affects many urban developments.


Façades are composed with a restrained elegance, favoring clean lines and considered proportions over decorative excess. Large windows bring in generous natural light, and the overall architectural language reflects a development that is built to age well — both aesthetically and structurally.


Lifestyle and Community Aspects


Life at Palace Residences 2 is shaped by a strong sense of place and community. The development has been planned to encourage a balanced daily rhythm — active when you want it to be, and quiet when you need it.


  • Landscaped communal areas create natural gathering points for neighbors and families
  • On-site dining and recreational facilities mean fewer reasons to leave the community for everyday needs
  • A family-oriented environment supported by children's facilities and safe open spaces
  • Proximity to Sharjah's cultural venues, parks, and educational institutions enriches daily life beyond the compound itself


Investment Potential and Market Value


Sharjah's residential property market has shown consistent resilience, supported by affordable entry points relative to Dubai, a growing population of end-users rather than purely speculative buyers, and government-led initiatives that continue to improve infrastructure and quality of life. Palace Residences 2, as an off-plan project from a recognized developer, sits at a favorable point in this trajectory.


The combination of a credible developer, a well-connected location, and a practical mix of unit sizes makes this development particularly appealing for both owner-occupiers and buy-to-let investors. Demand for quality rental stock in Sharjah remains steady, and apartments within established communities consistently attract reliable tenants from the emirate's large professional and family population.


Developer Profile: Alef Group


Alef Group is a Sharjah-based real estate developer with a track record of delivering large-scale, community-focused projects across the emirate. The group is known for its long-term approach to placemaking — developing not just buildings, but complete living environments with the infrastructure and amenities that residents actually need.


Their flagship project, Hayyan, demonstrated a clear ability to execute on ambitious community visions, and Palace Residences 2 reflects the same philosophy applied to a more intimate residential scale. With Emaar Hospitality brought in as a collaborator, the project also benefits from hospitality-led thinking around service standards and resident experience — an advantage that distinguishes it within Sharjah's growing off-plan market.

Frequently asked

Where is Palace Residences 2 Located?+

Palace Residences 2 is located in Sharjah, UAE, with direct road access connecting residents to neighboring emirates.

What are the housing options of Palace Residences 2?+

Palace Residences 2 offers three apartment configurations to accommodate different household sizes and lifestyle needs. One-bedroom apartments start from 868 square feet, offering a well-proportioned layout suited for singles or couples seeking a practical urban residence in Sharjah. The unit count available in this category is 2. Two-bedroom apartments are sized at 1,318 square feet, providing additional living space with room configurations designed around everyday functionality. These units are available in 3 configurations, making them a practical choice for small families or professionals requiring a dedicated home office or guest room. Three-bedroom apartments span 1,927 square feet, delivering the most generous floor plans within the development. With 4 units in this category, they are designed for families who prioritize space, internal flow, and open outlooks. All unit types are built with layouts that reflect a clear focus on spatial efficiency, natural light, and livability within a quiet residential setting.

Who is the owner of Palace Residences 2?+

Palace Residences 2 is developed by Alef Group, a Sharjah-based real estate developer with an established track record of delivering large-scale residential communities in the emirate. The project is developed in collaboration with Emaar Hospitality, bringing additional expertise to the development's residential and lifestyle standards.

Is Palace Residences 2 a good investment?+

Palace Residences 2 stands out as a calculated investment in one of the UAE's steadily growing residential markets. Developed by Alef Group in partnership with Emaar Hospitality, it carries the credibility of two established names in regional real estate. The development offers 1, 2, and 3-bedroom apartments built with spatial efficiency in mind, appealing to end-users and tenants alike. Amenities including adult and children's swimming pools, a landscaped podium with shaded relaxation zones, fitness facilities, and resident lounges add measurable lifestyle value that supports rental demand. Its direct road connectivity linking Sharjah to other emirates widens the tenant pool and strengthens long-term capital appreciation potential.

Is Palace Residences 2 Freehold or Leasehold?+

Palace Residences 2 is a freehold development, allowing buyers to hold full ownership of their unit. ## بالاس ريزيدنسز 2 –

What is Palace Residences 2's starting price?+

Apartments at Palace Residences 2 start from AED 1,700,000.

What is the Payment Plan of Palace Residences 2?+

Palace Residences 2 offers a structured payment plan designed to ease the buying process. Buyers pay 10% as a down payment at sales launch, followed by 30% distributed across the construction period, with the remaining 60% due upon handover.

Palace Residences 2 is an off-plan development by Alef Group in Al Mamsha, priced from AED 1,700,000 with handover in Q1 2029. See more Alef Group projects. Data sourced from the developer/Property Finder and last refreshed 20 Jul 2026 — confirm current details with us before making a decision.