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House Of Orange Real Estate
Off-PlanUnder Construction

Olfah 1

Muwaileh Commercial · Sharjah

Starting from

AED 839,000

1 & 3 BedroomsFrom 506 sq.ftApartments

About this project

Olfah 1 is a forest-inspired off-plan development planned for the Muwaileh Commercial district in Sharjah. This project by Alef Group is a part of the highly walkable and massive Olfah complex. It will offer apartments as residential options. Each unit will feature high-quality materials and premium finishes for a modern look. They will also feature floor-to-ceiling windows to ensure maximum light.

Amenities in this project will include a lap pool, a jacuzzi, splash fountains, indoor gyms, a cycling and jogging path, a climbing wall and an amphitheatre. The strategic location near Sheikh Mohammed Bin Zayed Road (E311) allows quick access to the rest of the city.

Features

  • Lobby in Building
  • Gym or Health Club
  • Swimming Pool
  • Kids Play Area
  • Barbeque Area

Run the numbers

Estimated monthly payment

AED 3,636

On a AED 671,200 loan over 25 years

Cash required upfront

Down payment20%AED 167,800
DLD transfer fee4% + AED 520AED 34,080
Agency fee2% + VATAED 17,619
Trustee office feeAED 4,200
Mortgage registration0.25% + AED 290AED 1,968
Total upfrontAED 225,667

Indicative figures for guidance only, based on published DLD rates. They are not a mortgage offer, valuation, or financial advice. Speak to our team for a personalised breakdown.

Olfah 1

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What you get back

The full cost
The 4% Land Department transfer fee, the service charge from handover, and the developer's own handover charges. Not the headline price.
The developer's record
What they have delivered before, whether it landed on time, and what the finished specification actually committed to.
The competition
What else completes in the same community in the same year, because that is what you will be selling or renting against.
A straight no
When the numbers do not work, we say so. We would rather place you in something completed than sell you a wait.
Working across Emaar, DAMAC, Nakheel, Sobha, Ellington, Arada and Modon