All 2,683 homes sold at Sharjah’s Dhs4 billion Linar waterfront project

by Staff Reporter
All 2,683 homes sold at Sharjah’s Dhs4 billion Linar waterfront project

All 2,683 homes across the five residential towers at Linar, Alef Group’s Dhs 4 billion waterfront development in Al Mamzar, Sharjah, have sold out, with construction scheduled to begin this year.

The sell-out follows the launch of the project’s second phase, in which all homes in the final two towers were sold after strong demand for the first three. Buyers include UAE-based purchasers, international business owners and executives, and overseas investors.

Linar sells out 2,683 homes in Sharjah

The development’s complete sell-out puts the focus on what buyers are purchasing beyond the individual apartment.

Linar is planned as an integrated waterfront community with direct beach access, wellness and fitness facilities, co-working spaces, restaurants and cafés, landscaped areas, social spaces and children’s play areas.

The five residential towers will also be connected to the beach by a pedestrian bridge. Retail and services, as well as a dedicated delivery and parcel management centre, are planned within the development.

What is planned at Linar?

Linar covers approximately 55,000 square metres on the eastern edge of Al Mamzar Beach, with 325 metres of direct waterfront frontage.

The five residential towers will range from 50 to 55 storeys and will offer one-, two- and three-bedroom apartments, alongside a limited collection of four-bedroom penthouses.

One of the development’s features will be the Sky Social Floor on the 47th floor of the fifth tower, designed as a shared space overlooking the beach and city skyline.

Tower A, part of Phase 1, is expected to begin welcoming residents from 2030 onwards.

Linar location and Dubai-Sharjah connectivity

The project is located on Corniche Road and Al Taawun Street, providing access to major routes between Sharjah and Dubai.

According to the developer, Expo Centre Sharjah and Al Qiyadah Metro Station are approximately five minutes away. Dubai International Airport is estimated at nine to 15 minutes away, while Sharjah International Airport is around 20 to 25 minutes away.

The development is also expected to benefit from planned road improvements between Sharjah and Dubai.

Sharjah’s Ruler recently announced a Dhs 750 million programme covering road construction and upgrades on corridors linking the two emirates.

Why the sell-out matters for Sharjah property

Linar’s sell-out comes as Sharjah’s wider real estate market continues to record activity.

According to figures from the Sharjah Real Estate Registration Department cited by Alef Group, the emirate recorded approximately Dhs 29.5 billion in real estate trading value during the first half of 2026, up 9.3% year on year.

Residential properties accounted for 82.2% of sales transactions, while investors from 121 nationalities participated in the market.

Sharjah recorded a further Dhs 7 billion in real estate transactions in July, representing a 61.8% increase compared with June.

Raed Kajoor Al Nuaimi, CEO of Alef Group, said: “The complete sell-out of Linar’s five residential towers, and the demand generated by the second phase within such a short period, demonstrate how buyer expectations and the very definition of real estate value are evolving. Purchasing decisions today extend beyond the specifications of an individual home. Buyers are looking at how the development works as a whole: whether it makes everyday life easier, reduces the effort required by daily routines and gives people more time for the things that matter to them.”

The developer has confirmed that construction is scheduled to commence this year, while residents are expected to begin moving into Tower A from 2030 onwards.

tanvir@dubainewsweek.com

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