Olfah 1BR Apartment — Move-In Ready Value

A 1-bedroom apartment of 614 sq ft in Olfah, Muwaileh — a compact, cash-efficient entry into Sharjah’s rental market with a developer payment plan stretching to handover

This 614 sq ft (57 m²) apartment in Olfah by Alef Group is built for investors who want to buy property in Sharjah at the construction stage, lock in today’s pricing, and benefit from the area’s consistent rental demand. Muwaileh sits next to University City of Sharjah — one of the UAE’s largest academic hubs — which generates a reliable flow of tenants: students, faculty, and young professionals who prefer well-located, reasonably priced apartments close to campus. With handover set for 2029 and a low 10% entry point, this is a straightforward buy-to-let proposition with a clear timeline.

Key features of the apartment

— 57 m² / 614 sq ft of efficiently planned space;
— separate bedroom with a dedicated private zone;
— open-plan kitchen and living area;
— large windows and open façades maximising natural light and airflow;
— private balcony;
— in-unit laundry room.

Olfah community amenities

— multiple swimming pools;
— water play area;
— landscaped green hills and walking trails;
— children’s playground;
— climbing wall;
— outdoor amphitheatre;
— barbecue areas.

Architecture and concept

Olfah is a nature-integrated community of 12 residential buildings in Muwaileh, ranging from 9 to 11 storeys. The design language is contemporary and clean — open façades, oversized windows, and greenery woven throughout the common areas. The project offers an unusually strong sense of outdoor connection for this price bracket, which adds to its appeal for lifestyle-oriented renters.

About the developer

Alef Group is a Sharjah-based developer with a solid track record in large-scale residential communities across the emirate, known for delivering well-planned neighbourhoods with integrated amenities.

Payment plan

60/40 instalment scheme:
— 10% — on booking;
— 50% — during construction (3% quarterly instalments);
— 40% — on handover.
Handover: 2029.

Location — Muwaileh, Sharjah

— 2 minutes to University City of Sharjah;
— 5 minutes to Sharjah International Airport;
— 15 minutes to Dubai International Airport;
— 25–30 minutes to Downtown Dubai.

Frequently asked questions

How strong is rental demand for 1-bedroom apartments in Muwaileh?
— Very strong. The neighbourhood draws a continuous stream of renters linked to University City — students, researchers, and staff — keeping vacancy rates low and occupancy periods short.
What is the minimum amount needed to secure this apartment?
— Just 10% of the purchase price at booking, followed by quarterly instalments of 3% through construction. It’s one of the more accessible entry points in the current UAE off-plan market.
Is there capital appreciation potential here?
— Muwaileh is an expanding district: improved road links, the growing university cluster, and Sharjah’s overall development trajectory all support price growth between now and completion.
Can I resell the apartment before handover in 2029?
— Off-plan resale is generally possible under the sale and purchase agreement. Reach out and we’ll walk you through the specifics alongside current pricing.
What’s included in the apartment layout?
— The unit comes with a separate bedroom, an open kitchen-living area, a balcony, and a laundry room.

Enquire via the form on this page to receive current pricing, a floor plan, and a rental yield projection for this 1-bedroom, 57 m² apartment in Olfah.