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Alef Group generates over AED 2.4 billion in sales in 2024

SharjahAlef Group generates over AED 2.4 billion in sales in 2024

Alef Group’s main development, Al Mamsha, made great progress in 2024, delivering 2,322 residential units inside this completely integrated community, marking a significant milestone in its expansion.

Alef Group, Sharjah’s largest real estate developer, achieved remarkable results in 2024, with sales exceeding AED 2.4 billion and a 30% increase over the previous year. The business now controls more than 25% of Sharjah’s real estate market, cementing its position as a market leader and demonstrating its commitment to creating great projects that exceed the highest standards of quality and innovation.

Alef Group’s main development, Al Mamsha, made great progress in 2024, delivering 2,322 residential units inside this completely integrated community, marking a significant milestone in its expansion.

Furthermore, 20 structures were finished during the project, demonstrating the group’s dedication to prompt delivery and upholding the highest quality standards.

Meanwhile, Alef Group’s sales in the Hayyan project were high, particularly in the Areem and Alma areas. This success prompted the introduction of the new Samar neighbourhood, which was created to address the growing demand for upmarket, sustainable residential communities that provide a holistic living experience.

Issa Ataya, CEO of Alef Group, stated: “2024 was a watershed moment for Alef Group, as our strategic vision and commitment to excellence catapulted us to extraordinary milestones. We will maintain this momentum by launching new projects that expand our leadership and provide innovative opportunities for our clients, all while encouraging modern, sustainable lifestyles in the community.”

As part of its expansion strategy, Alef Group introduced the Alef project, a modern residential development that adds substantial value to its real estate portfolio. The project, which spans 84,814.40 square meters, has 12 residential buildings set amid enormous open spaces and recreational facilities totaling 57,529.6 square metres. This development intends to provide inhabitants with a well-rounded living experience that combines modern living with natural tranquility in a completely integrated setting. 

Alef Group has successfully served over 7,500 customers, prioritising outstanding customer experiences and maintaining the highest quality standards across all projects. The group continues to construct residential communities that combine elegance and comfort, in response to the expanding demands of the Sharjah real estate market.

In addition to its commercial success, the Alef Group is deeply committed to social responsibility. The group has contributed to the foundation of the Khalid bin Sultan Al Qasimi Humanitarian Foundation, a non-profit organization dedicated to protecting children’s rights globally. This program exemplifies Alef Group’s commitment to making a good difference not only in the real estate industry, but also in the larger humanitarian and development sectors.In top form Bottom of the Form

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