So youβre thinking of investing in Sharjah real estate? It can be like finding a needle in a haystack, right? Especially with the market here so hot and attracting so much international attention this year. Just to give you a better idea, Sharjah real estate saw a massive AED5.5 billion across 8,415 transactions. With such strong performance and rental yields of 4.26% (and higher in areas like Muwaileh) Sharjah is a very attractive place to invest.
Among all the options Al Mamsha Raseel and Sharjah Waterfront City are definitely two of the top ones. But how do you really choose the one thatβs right for your investment goals? This guide will walk you through what makes each project special. Weβll compare their features, highlight their pros and cons and make you feel 100% confident in your decision in Sharjahβs property market.
About Al Mamsha Raseel
Al Mamsha Raseel is a lively mixed-use development located in Muveleh Commercial, Sharjah. It is part of the big Al Mamsha community which spans 3 million sqft and is the first walkable community. Developed by Alef Group , Al Mamsha Raseel has a pedestrian friendly walkway, green spaces and focus on wellness. It is located away from Sheikh Mohammed bin Zayed Road (E311) which offers great connectivity. Al Mamsha Raseel is Zone 3 of Al Mamsha development with 13 apartment buildings in 3 phases: Darb, Nama and Hamsa. It offers modern life with high ceilings, large windows and advanced security systems which creates a comfortable and safe environment for the residents.
Al Mamsha Raseel Features
- Designed with wide walkways and sidewalks, promoting a healthy active lifestyle.
- Residential, retail and entertainment spaces within the community.
- Studios, 1, 2 and 3 bedroom apartments with high-end finishes, smart home systems and spacious layouts.
- It is close to Sheikh Mohammed Bin Zayed Road (E311), Sharjah International Airport (10 minute drive), University City Sharjah (8 minute drive).
- Open air shopping streets, cafes and restaurants within Al Mamsha Souks retail zone.
About Sharjah Waterfront City
Sharjah Waterfront City is a massive multi-billion dollar project located on the north-eastern coast of the emirate. It is the third largest mixed-use project in the Gulf region and is developed by Sharjah Oasis Real Estate Development. This waterfront destination will have 10 islands and a built up area of over 60 million sq ft offering a unique coastal living experience. The project offers residents beaches, shopping and leisure options and a range of residential properties including apartments and villas. All residential units in Sharjah Waterfront City will have sea views.
Sharjah Waterfront City Features
- One of the largest mixed-use projects in the Gulf, spread over 10 islands.
- 36 kilometers of coast with sea views properties.
- Apartments (studio, 1, 2-bedroom) and villas (3, 4, 5, 6-bedroom).
- Open spaces, green landscaped areas and community parks.
- Freehold property types with great investment potential driven by its waterfront location.
- Located in Al Hamriyah, Sharjah, with easy access to Ajman, Umm Al Quwain, Ras Al Khaimah, and Emirates Road.
Why Invest in Al Mamsha Raseel?
Investing in Al Mamsha Raseel is a great opportunity especially for those who want a modern, community centric and walkable lifestyle.
- Walkable Community Concept: As Sharjahβs first fully walkable community, it offers a unique lifestyle that promotes health and convenience for families and professionals who want an urban lifestyle.
- Strong Developer: Developed by Alef Group, a well known developer in Sharjah, ensures quality and timely delivery.
- Variety of Units: Studios, 1, 2 and 3 bedroom apartments to cater to different investor needs and budgets from single professionals to small families.
- Modern Amenities: Multiple swimming pools, gyms, parks and retail outlets within the community makes living and renting more appealing.
- Strategic Location & Connectivity: Close to Sheikh Mohammed Bin Zayed Road (E311), Sharjah International Airport and University City Sharjah makes it very accessible and desirable for those working or studying in these areas.
- High Rental Yield: With modern amenities, strategic location and walkable concept, properties in Al Mamsha Raseel will command strong rental yields especially in Muwaileh area which is known for good returns.
- Family Friendly: Emphasis on green spaces, play areas and safe environment makes it perfect for families, so demand will be consistent.
Why Invest in Sharjah Waterfront City?
Sharjah Waterfront City is a unique investment opportunity due to its waterfront location and grand vision.
- Waterfront Lifestyle: The biggest draw is its 36-kilometre-long waterfront; every residential unit will have sea views. This is a luxury and leisure destination.
- Large Master Planned Development: One of the largest projects in the Gulf, it means long term vision and big investment, a complete and self sufficient city when completed.
- Variety of Properties: Apartments to villas and townhouses, it caters to all types of investors, even those looking for high end luxury properties.
- Capital Growth: With limited large scale waterfront developments in the region and Sharjahβs growing real estate demand and investor friendly policies, there is good potential for capital growth.
- Tourist and Leisure Destination: The focus on beaches, shopping and leisure activities will attract tourists which can lead to short term rentals and higher property values.
- Freehold Ownership: Freehold properties available for investors ensures ownership security for local and international buyers.
- Coastal Location: Close to other Northern Emirates like Ajman and Umm Al Quwain and connected to major roads.
Comparative Analysis: Al Mamsha Raseel vs. Sharjah Waterfront City
Choosing between Al Mamsha Raseel and Sharjah Waterfront City depends heavily on your investment priorities and lifestyle preferences. Hereβs a detailed comparison:
Size and Scale
Al Mamsha Raseel is a smaller development with a focused urban concept. Itβs a cohesive community with integrated amenities and services. Sharjah Waterfront City is a larger development with multiple neighborhoods and property types. So more choices at different price points and styles across a bigger footprint.
Price Point
Property prices start from different levels in each development:
- Al Mamsha Raseel: Apartments from AED 709,000 for 1 bedroom, larger units proportionally higher.
- Sharjah Waterfront City: Studios from AED 379,000, more affordable for entry level investors.
This means different initial capital requirements for investors considering either location.
Investment Potential
Al Mamsha Raseel: Strong rental yield potential due to walkable concept, modern amenities, proximity to educational institutions and business hubs. Caters to families and working professionals.
Sharjah Waterfront City: Capital appreciation potential due to waterfront location, large scale and scarcity of such developments. Luxury and high end lifestyle, self sufficient city.
Return on Investment
Al Mamsha Raseel: 6-8% rental yields for apartments. Community concept and central location means consistent rental demand.
Sharjah Waterfront City: 5-7% yields, waterfront properties stronger for capital appreciation over time. Premium positioning means lower immediate returns but better long term value growth.
Target Market
Al Mamsha Raseel is mainly connected with families, young professionals, and urban lifestyle. The community concept attracts end users and investors for long term rentals. Sharjah Waterfront City targets luxury buyers, waterfront enthusiasts, premium properties. Also holiday rentals due to tourism amenities.
Location & Connectivity
Al Mamsha Raseel: In Muwaileh Commercial, Sharjah with inland connectivity via Sheikh Mohammed Bin Zayed Road (E311). It is also close to educational institutions (University City) and Sharjah International Airport.
Sharjah Waterfront City: On the north-eastern coast in Al Hamriyah, Sharjah, with direct access to the Arabian Gulf. More coastal living focused and connectivity to other Northern Emirates like Ajman and Umm Al Quwain.
Transportation & Parking Spaces
Al Mamsha Raseel features underground and podium parking (over 7,000 spaces) so itβs very convenient for car owners. Public transportation is limited within the community but Muwaileh Bus Terminal is 9 minutes walk away and connects to intercity buses. The community is designed to be walkable internally.
Each building in Sharjah Waterfront City has dedicated parking and villas have private garages for multiple cars. Public transportation is limited as the community is still under development so private cars are recommended for easy movement. The nearest bus stop is Hamriya Bus Stop, 5 minutes drive.
Amenities & Lifestyle
Al Mamsha Raseel promotes a walkable community lifestyle with open air retail streets (Al Mamsha Souks), cafes, restaurants and plenty of green spaces. Itβs all about wellness with gyms, pools and tracks. Itβs an urban community.
Sharjah Waterfront City offers a waterfront lifestyle with stunning beaches and sea views from all units. Itβs all about leisure, shopping and a family friendly environment with open spaces and green landscaped areas. Itβs a self-contained city with future amenities coming up.
Education & Healthcare
Al Mamsha Raseel: Jumeirah International Nurseries (JINS) is within the community and SABIS International School Aljada is 5-7 minutes drive. BinSina Pharmacy and Modern Clinic are within the project and Aster Clinic and Medcare Medical Centre are nearby.
Sharjah Waterfront City: Nurseries and schools like Kids Club Nursery and Al Ameer Secondary School are 15 minutes drive. Dr. Asish Medical Center is the nearest clinic 16 minutes away.
Shopping, Dining & Nightlife
Al Mamsha Raseel has a vibrant retail and dining scene within its Al Mamsha Souks with various cafes and restaurants. City Centre Al Zahia is 5 minutes away and Safari Mall is 9 minutes away.
On the other hand, Sharjah Waterfront City has limited options within the development, most supermarkets and restaurants are along King Faisal Street (11-15 minutes drive). Mall of UAQ is 16 minutes away. More retail and dining options will be available as the project develops.
Leisure Activities & Nearby Landmarks
Al Mamsha Raseel: Has Al Mamsha Boulevard for relaxation and socializing. Sharjah Cricket Stadium is 10 minutes drive. Itβs all about outdoor activities with shaded walkways, parks and childrenβs play zones.
Sharjah Waterfront City: Its main leisure attraction is the beach and sea views. Nearby attractions are Al Hamriyah Public Beach (15 minutes), Ajman China Mall (17 minutes), Al Zorah Natural Reserve (13 minutes). Fantastico Splash waterpark is also nearby.
| Feature | Al Mamsha Raseel | Sharjah Waterfront City |
|---|---|---|
| Location Type | Inland, Urban, Walkable Community (Al Mamsha Muwaileh Sharjah) | Coastal, Waterfront Master-Planned City (Ajmal Makan City - Sharjah) |
| Developer | Alef Group | Ajmal Makan (Sharjah Oasis Real Estate Development) |
| Property Focus | Apartments (Studio, 1, 2, 3 Bed) | Apartments (Studio, 1, 2 Bed), Villas/Townhouses (3, 4, 5, 6 Bed) |
| Key Lifestyle | Active, Community-oriented, Pedestrian-friendly, Retail-integrated | Luxurious, Beachfront, Leisure-focused, Self-contained city |
| Connectivity | Excellent road network (E311), close to Airport & University City | Coastal access, connects to Northern Emirates, via Emirates Road |
| Parking | Extensive underground & podium parking (7,000+ spaces) | Dedicated parking per building/villa |
| Public Transport | Limited direct, Muwaileh Bus Terminal (9 min walk) | Limited currently, Hamriya Bus Stop (5 min drive) |
| Amenities | Pools, gyms, parks, retail, F\&B, wellness salons, art academies | Beaches, planned shopping, leisure, gyms, salons, spas (future) |
| Investment Appeal | Strong rental yields, consistent demand from families/professionals, unique walkable concept | High capital appreciation potential, luxury market, unique waterfront offering, tourist appeal |
| Handover Dates | Q3 2025 - Q2 2029 (for listed projects) | Q4 2025 - Q1 2028 (for listed projects) |
Top Places to Invest in Al Mamsha Raseel
Alef Group offers a range of modern apartments in Al Mamsha Raseel, including Alef Nama 3, Alef Nama 2, HAMSA 2, Alef Nama 6, Alef Nama 5, and Nama 4. These have different unit sizes, thoughtful designs and flexible payment plans. They offer a vibrant, walkable community with great amenities for residents and investors looking for good returns.
Top Places to Invest in Sharjah Waterfront City
Within SWF, Ajmal Makan presents impressive properties like Blue Beach Residence, The View Island and Blue Pearl. These offer luxurious apartments and spacious waterfront villas Sharjah all designed to enjoy the coastal lifestyle. With sea views and high end amenities these projects have great potential for capital appreciation for those who want a beachfront lifestyle.
