Dubai, UAE — Alef Group has launched Linar, a AED4 billion ($1.08bn) waterfront residential development in Sharjah, marking the company’s first project with direct coastal access as competition intensifies among UAE developers to meet housing demand.
The project, located in Al Mamzar near the Dubai border, comprises five residential towers and one commercial tower and is expected to deliver 2,620 homes upon completion.
The launch comes after strong investor interest in the development’s initial phase. Alef said expressions of interest for Towers A, B and C had been fully reserved, representing more than AED2 billion in potential sales value.
The company plans to open reservations for additional towers in the coming months.
Located near Corniche Road and Al Taawun Street, the project is designed to provide direct access to both Sharjah and Dubai while remaining close to key attractions and transport links.
Alef said the development would incorporate sustainability measures including recycled construction materials, rubberised asphalt roads and photovoltaic solar panels integrated into the site’s infrastructure.
Residents are expected to begin moving into the first phase from 2030.
