Kuwait air traffic returns to normal, flights resume QatarEnergy announces new oil discovery offshore Namibia UAE developer Alef launches $1.1bln mixed-use development in Sharjah ADNOC eyeing Canada upstream and LNG opportunities via XRG arm, executive says Dubai real estate deals in April surge to $18.7bln Saudi's SAMA mandates advance notification of investment rounds by financing companies Qatar maritime trade activity accelerates in May Oil steadies as uncertainty over US-Iran talks keeps markets on edge Qatar: Relatively hot daytime conditions expected, moderate night Dubai Centre for Family Businesses explores ways to strengthen business adaptability Saudi Crown Prince, UAE President discuss regional security and cooperation UAE President and Qatar’s Emir discuss fraternal ties and regional developments in phone call Flydubai operates 3,800 flights in March, posts high net promoter score Oman Investment Bank names new CEO Saudi sovereign investor PIF mandates 3yr, 7yr, 30yr USD issuance Abu Dhabi's TA’ZIZ Methanol JV secures $2bn financing for methanol plant Emirates airline posts record net profit despite war impact Qatar unveils support package to steady markets, boost investor confidence Saudi Vision 2030 milestones forge a stronger, diversified, and resilient economy Abu Dhabi non-oil trade jumps 36% to $113bln in 2025; exports rise 63% Qatar's GTA extends 2025 tax return submission deadline until June 30 Qatar targets strategic FDI as global competition intensifies New pharma plant opens in Nizwa, boosting Oman’s drug security Jeddah Tower hits new construction milestone; tops 100 floors Qatar’s banking assets touch $596bln in February: QNBFS Dubai Holding Real Estate, ENBD partner to offer financing for key projects Ajman DED issues 1,617 new licences, renews 8,777 in Q1 Saudi: SFDA begins classifying fines according to size of establishment in bid to support MSMEs Burjeel Holdings strengthens growth outlook Saudi Arabia raises its oil price for Asia

Log in

عربي

Media Centre

Home » Media Centre

UAE developer Alef launches $1.1bln mixed-use development in Sharjah

UAE developer Alef launches $1.1bln mixed-use development in Sharjah

UAE developer Alef launches $1.1bln mixed-use development in Sharjah

Jun 11, 2026

UAE-based developer Alef Group will build Linar, its latest residential waterfront development in Al Mamzar, Sharjah, for 4 billion UAE dirhams ($1.1 billion).

The high-rise development comprises five 50- to 55-storey residential towers, comprising 2,620 units and one commercial tower, which includes retail and service spaces.

Tower A, part of phase 1 of the project, is expected to welcome residents from 2030 onwards, the Emirates News Agency (WAM) reported.

All phase 1 expressions of interest for tower A, B and C are fully reserved, representing 1,572 residential units with a combined value of over AED 2 billion.