Off-plan
Nama Phase 5
by Alef Group in Muwaileh
From AED 709,00050/50 payment planHandover Q3 2028
- From
- AED 709,000
- Handover
- Q3 2028
- Homes
- 1 to 3 bed
- Sizes
- 645 to 1,797 sq ft
- Payment plan
- 50/50
About Nama Phase 5
Muwaileh in Sharjah is home to Nama Phase 5, a residential development by Alef Group offering one to three-bedroom apartments from 645 to 1,797 square feet.
The apartments include one, two, and three-bedroom units. Each unit offers tall ceilings.
The community has an indoor swimming pool, landscaped gardens, gymnasium, restaurants, and a children's play area. CCTV security is in place.
Nama Phase 5 is part of the Al Mamsha Raseel community in Muwaileh, Sharjah. The area is designated for residential development.
Homes
Payment plan
- 10%Down payment
- 40%During construction
- 20%On handover
- 30%Post handover
Amenities
- Indoor pool
- Gym
- Children's play area
- Landscaped gardens
- Restaurants and cafés
- 24-hour security
Construction and dates
- Planned handover
- Q3 2028
Location
About Muwaileh
Alef Group builds apartments in Muwaileh, a residential area of Sharjah.
Nama Phase 5 is a freehold project.
Masterplan
The development is situated within the Al Mamsha Raseel masterplan. The architecture incorporates modern design with integrated sustainability principles.
Brochure
Questions about Nama Phase 5
- What is the price of Nama Phase 5?
Nama Phase 5 starts from AED 709,000, as of 24 September 2026. By home: 1 Bed Apartment from AED 709K; 2 Bed Apartment from AED 1,349,000; 3 Bed Apartment from AED 1,649,000.
- Is Nama Phase 5 expensive for Muwaileh?
From AED 1,100 a square foot, against a median of AED 1,189 for 21 new projects in Muwaileh.
- What is the payment plan for Nama Phase 5?
The developer’s payment plan for Nama Phase 5 is 50/50: 10% down payment, 40% during construction, 20% on handover and 30% post handover, as of 4 October 2026.
- When is Nama Phase 5 handed over?
Handover is planned for Q3 2028.
- Are there floor plans for Nama Phase 5?
Yes. The floor plans for 1 Bed Apartment, 2 Bed Apartment and 3 Bed Apartment are on this page under Homes.
About Alef Group
Alef Group, established in 2013, develops homes in Sharjah. The company builds apartments, villas, townhouses and penthouses in areas including Muwaileh, Hayyan and Al Mamzar.
Also by Alef Group in Muwaileh: Nama Phase 6, Al Mamsha Hamsa Phase 2, Nama Phase 3, Sawa 1, Suroor
