Palace Residences by Alef at Al Mamsha

Payment Plan

The 40:60 payment plan at Palace Residences is structured with the financial intelligence that reflects Alef Group’s approach to its premium Al Mamsha product, distributing the financial commitment across booking, construction, and handover in a way that gives buyers the structure to manage a premium investment with genuine clarity.

10% is due on the booking date at sales launch, which at the AED 1.7 million starting price means the initial capital required to secure a Palace Residences apartment is AED 170,000. For a premium Alef Group apartment within the established Al Mamsha community, AED 170,000 is the entry commitment that places the buyer within 1 of Sharjah’s most premium and most spatially generous new launches at the most accessible configuration. 30% is paid during construction, distributed across the development timeline in instalments that track the project’s construction progress toward the possession date that will be announced soon. 60% is due at handover, which is the payment plan’s most significant feature for the investment-minded buyer. By concentrating 60% of the purchase price at the moment of 100% completion, the structure ensures that the majority of the financial commitment arrives at the exact point when the Palace Residences apartment is ready to deliver value, whether through immediate owner-occupation in the established Al Mamsha community or through the commencement of rental income from a tenant community whose demand for premium Al Mamsha apartments has been building alongside the community’s own growing reputation.