All 2,683 homes across Linar’s five residential towers have been sold ahead of construction, adding another signal of buyer appetite for waterfront property as Sharjah’s residential market draws a more international investor base.
September 23, 2026 | Palak Kataria | UAE | Developer | 2 Min Read
Selling out a residential development is notable. Doing so before construction has started says something more interesting about where buyers are willing to place their money.
Alef Group has sold all 2,683 homes across the five residential towers at Linar, its AED4 billion waterfront development on the Al Mamzar coast in Sharjah. The final two towers, released as Phase 2, have now sold out following the earlier sale of the project's first three towers. Construction is scheduled to begin this year.
The buyer pool extended beyond Sharjah and the wider domestic market to international business owners, executives and overseas investors, according to the developer.
Linar occupies approximately 55,000 sq m at the eastern edge of Al Mamzar Beach, with around 325 metres of waterfront frontage. Its five residential towers range from 50 to 55 storeys and include one-, two- and three-bedroom apartments alongside a limited number of four-bedroom penthouses.
Plans combine the homes with fitness and wellness facilities, co-working spaces, restaurants, cafés, landscaped areas and children's facilities. A pedestrian bridge will provide direct beach access, while a Sky Social Floor is planned for the 47th floor of the fifth tower.
But the wider market context is arguably more significant than the amenities.
Sharjah recorded approximately AED29.5 billion in real estate transactions during H1 2026, up 9.3% year-on-year, with residential properties accounting for 82.2% of sales transactions. Investors from 121 nationalities participated in the market.
That momentum continued into July, when transactions reached AED7 billion.
Linar's complete sell-out therefore arrives as Sharjah increasingly establishes itself as an alternative residential investment market alongside neighbouring Dubai.
Its location strengthens that connection. Positioned around Al Mamzar, Linar provides access towards both emirates, with Dubai International Airport around nine to 15 minutes away, according to project information.
For Sharjah's residential market, selling 2,683 waterfront homes before construction starts provides another indication of how quickly its buyer profile is evolving; particularly for projects combining coastal locations with connectivity to Dubai.
Sources: Alef Group; Emirates News Agency (WAM); Sharjah24; Sharjah Real Estate Registration Department
