About the project

Palace Residences 2 presents carefully planned apartments in Muwaileh, Sharjah, with one, two, and three-bedroom homes that prioritise spatial comfort and natural light. Developed by Alef Group, the project offers quiet residential living with contemporary community amenities.

The apartments have been conceived with practical living in mind. Each home showcases open-plan layouts, generously sized rooms, and abundant natural light. Units range from 868 to 1927 square feet across one, two, and three-bedroom configurations, addressing the needs of individuals, couples, and families alike.

Muwaileh has benefited from Sharjah's sustained investment in residential infrastructure and community amenities. The location provides ready access to shopping areas, educational institutions, medical services, and recreational facilities, whilst retaining the peaceful character that sets Sharjah apart from the faster pace of neighbouring emirates. Dubai International Airport is reachable within approximately 30 to 40 minutes' travel, and Sharjah International Airport serves those requiring frequent air connections.

The community provides an indoor swimming pool, landscaped gardens, gymnasium, restaurants, children's play areas, and comprehensive security throughout. Well-developed road networks facilitate connections to Sheikh Mohammed Bin Zayed Road toward Dubai and neighbouring emirates, and to Emirates Road serving Ajman and Umm Al Quwain. Sharjah city centre, with its shops, restaurants, and business services, lies within easy reach.

Starting Price

AED 1.70M

Handover

Q1 2029

Payment Plan

40/60

Property Type

Apartment

Bedrooms

1, 2, 3

Size

868 to 1,927 sq ft

Developer

Alef Group

Palace Residences 2 image 1Palace Residences 2 image 2
Palace Residences 2 masterplan

Masterplan

Palace Residences 2 by Alef

Landscaped grounds establish the community's peaceful residential character. Amenities include an indoor swimming pool, gymnasium, restaurants, children's play areas, and comprehensive security. The development prioritises accessible layouts and shared spaces throughout.

Amenities

Indoor pool

Gym

Children's play area

Landscaped gardens

Restaurants and cafés

24-hour security

Floorplans

1 Bedroom Apartment

868 sq ft | from AED 1.70M

2 Bedroom Apartment

1,318 sq ft | from AED 2.10M

3 Bedroom Apartment

1,927 sq ft | from AED 3.10M

Palace Residences 2 floor plan

Location

Muwaileh, Sharjah

Muwaileh is a residential area in Sharjah, home to apartment developments by Alef Group.

Compare other off plan projects in Muwaileh.

Payment Plans

10%

Down payment

30%

During construction

60%

On handover

Palace Residences 2 - Augusta Properties

Begin Your Property Journey with Us

Share your details and our team will help you find the best property options tailored to your needs.

  • Full details on master plans & amenities
  • Updated availability & floor plans
  • Investment guidance & ROI insights
  • Support with site visits, booking, and documentation

Request a Call Back NowChat with us now

By clicking Submit, you agree to our Terms & Conditions and Privacy Policy.

Useful Information about Palace Residences 2

Palace Residences 2 is in Muwaileh, Sharjah, a development by Alef Group.

Palace Residences 2 is developed by Alef Group, a company founded in 2013.

Palace Residences 2 has apartments with 1, 2 and 3 bedrooms, from 868 to 1,927 sq ft.

Homes at Palace Residences 2 start from AED 1,700,000 (about USD 463K), as of 24 September 2026.

From AED 1,959 a square foot, against a median of AED 1,209 for 20 new projects in Muwaileh.

Handover at Palace Residences 2 is planned for Q1 2029.

The developer's payment plan is 10% on booking, 30% during construction and 60% on handover, as of 8 November 2026.

Yes. This page shows 3 floor plans for Palace Residences 2, covering 1-bedroom, 2-bedroom and 3-bedroom homes.

Similar Projects

Handover Q4 2028
Palace Residences Al Mamsha
Palace Residences Al Mamsha
2
Handover Q1 2029
Al Mamsha Hamsa
Al Mamsha Hamsa
Al Mamsha Hamsa
5
Al Mamsha Hamsa by Alef

Muwaileh, Sharjah

Apartment

1-3

540+ sq ft

Handover Q4 2027
Nama Phase 1 By Alef Group
Nama Phase 1 By Alef Group
Nama Phase 1 By Alef Group
6