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Muwaileh, Sharjah

Palace Residences 2

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Palace Residences 2, Muwaileh

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 homes

Apartments of one to three bedrooms, from 868 to 1,927 sq ft. The homes are due in Q1 2029.

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.

Alef Group logo
Developed by
Alef Group
Founded 2013

Alef Group shapes Sharjah's residential landscape with contemporary communities, delivering apartments, townhouses, villas and penthouses across distinct neighbourhoods.

Every project by Alef Group
Type
apartment
Beds
1, 2, 3 Bedrooms
Sizes (sq ft)
868 - 1,927
Handover
Q1 2029
Price from
AED 1,700,000

About Muwaileh

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

Property in Muwaileh

Features & amenities

Indoor pool
Gym
Children's play area
Landscaped gardens
Restaurants and cafés
24-hour security
Palace Residences 2 masterplan, Muwaileh

The masterplan

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.

Payment plan

10%Down payment
30%During construction
60%On handover

Progress

Planned handover
1 January 2029

Questions

Where is Palace Residences 2?

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

Who is the developer of Palace Residences 2?

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

What homes are there at Palace Residences 2?

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

What is the price of Palace Residences 2?

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

Is Palace Residences 2 expensive for Muwaileh?

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

When is handover at Palace Residences 2?

Handover at Palace Residences 2 is planned for Q1 2029.

What is the payment plan at Palace Residences 2?

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

Are there floor plans for Palace Residences 2?

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

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