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Alef Group announces US$84m sales transaction at ACRES 2024

CEO of Alef Group Issa Ataya said that real estate projects - Al Mamsha Sharjah and Hayyan - have been well-received.
  • ACRES Exhibition is a unique global Arab platform which brings together major investors and businessmen.
  • This is evident in the success achieved by the ACRES over its successive sessions since its launch in 2008.

SHARJAH, UAE – Alef Group concluded its participation in the ACRES Real Estate Exhibition 2024 with resounding success, generating significant demand and securing approximately US$84 million (AED310 million) in sales transactions for its residential projects.

CEO of Alef Group Issa Ataya said, “ACRES was a good opportunity to connect with local and international investors, real estate agents, and other participants. We showcased our key real estate projects, Al Mamsha Sharjah and Hayyan, which were well-received.”

ACRES Exhibition is a unique global Arab platform which brings together major investors and businessmen, along with the largest real estate development and investment companies in the region and the world.

This is evident in the great success and public interest achieved by the Real Estate Exhibition “ACRES” over its successive sessions since its launch in 2008.

Al Mamsha Sharjah and Hayyan have emerged as the Emirate’s latest premier destinations for residents seeking an enhanced living experience.

Situated close to Sharjah International Airport, children’s school complexes, the University of Sharjah, and Sharjah Healthcare City, these two residential and retail projects attract investors interested in upscale living.

Sharjah Asset Management, the investment arm of the Sharjah government, participated in the 2024 edition of the Sharjah Real Estate Exhibition (ACRES 2024), January 17-20.