Artificial Intelligence
Builders Company
A
AlefSharjah, United Arab Emirates · founded 2013 · 1 active markets
PRIVATE

Alef Group develops master-planned communities and mixed-use destinations in Sharjah, integrating residential homes, commercial spaces, retail, leisure and hospitality experiences. Its projects target residents, families, investors and businesses seeking design-led, connected urban living rooted in the emirate’s culture and growth.

Years in business
13
founded 2013
LinkedIn headcount
248
employees, as shown on LinkedIn · size band 201–500
Portfolio value
AED 12 billion
2025
Projects last researched October 7, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Alef Group1
Headquarters
Ground Floor, SN4, Al Mamsha1, Sharjah1, United Arab Emirates
Founded
20131
Entity type
PRIVATE1
Business model
masterplan1, mixed use1
Markets
1 market listed
What they build
Mixed use (3 of 4) · Retail (1 of 4)
Full dossier in About →

Delivery record

1 date-assessed of 4 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
4
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 1 scored project
Average delay
+12.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+12.0 mo
Zero 6 Mall
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

4 of 4 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.4/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.9/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
7.0/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 118 developers, 509 rated buildings in United Arab Emirates
Overall rating
Alef · 118 other developers in United Arab Emirates
7.4 vs 7.7
this developer 0.3 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 509 in the market.
Structure & systems
Alef · 118 other developers in United Arab Emirates
— vs 6.9
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 231 in the market.
Management & living
Alef · 118 other developers in United Arab Emirates
7.0 vs 7.3
this developer 0.3 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 486 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reported February 10, 2026; current position reviewed October 7, 2026 A February 10, 2026 customer review alleged that Al Mamsha construction was nearly two years late against the agreed date and that, after requesting a contractual refund, the reviewer had waited more than four months for a refund cheque; this is an unverified customer allegation, and Alef’s own later construction page reported Al Mamsha at 73% completion with handover stated as June 2030.
  • DELIVERY DELAY Reviews and updates reported January-August 2025; current position reviewed October 7, 2026 Customer reviews published on a third-party real-estate listing alleged that Hayyan had made little or no visible construction progress, that the previously stated December 2025 handover would be delayed, and that Alef customer care had indicated a substantial risk of delay; these are customer allegations rather than an independent finding, while Alef’s own construction page states Hayyan is 30% complete with handover in June 2030.
  • DELIVERY DELAY Original commitment: December 2025; buyer updates: January–August 2025; Alef construction update published April 18, 2026 and viewed for the October 7, 2026 position Hayyan, developed by Alef Group, was marketed with handover by December 2025, but a January–August 2025 buyer-account record reported that the date would not be met and that construction remained far from complete; Alef’s subsequently published construction page lists handover as June 2030 and 30% overall completion, so the project is documented as materially overdue against the earlier commitment as of October 7, 2026, although the buyer reports are not regulator or court findings.
  • 1 more in Risk & Sources
Record status
active
Company sources
98 source entries across 98 fields
Projects tracked
4 · 4 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 4 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
4
within the rolling ten-year window
Median delay
+12.0 mo
the middle of 1 scored project
Average delay
+12.0 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+12.0 mo
Zero 6 Mall
0
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

4 of 4 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Sharjah, United Arab Emirates
201620172018201920202021202220232024202520262027todaySHARJAH, UNITED ARAB EMIRATES+67.5 moestimated+36.5 moestimated+6 moestimated+12 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

4 of 4 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.4/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.9/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
7.0/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 118 developers, 509 rated buildings in United Arab Emirates
Overall rating
Alef · 118 other developers in United Arab Emirates
7.4 vs 7.7
this developer 0.3 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 509 in the market.
Structure & systems
Alef · 118 other developers in United Arab Emirates
— vs 6.9
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 231 in the market.
Management & living
Alef · 118 other developers in United Arab Emirates
7.0 vs 7.3
this developer 0.3 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 486 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Zero 6 MallAl Juraina, Sharjah
8.8/ 10
—/ 10
8.4/ 10

The 4.4/5 aggregate from 4,226 reviews is the largest published review base and converts to 8.2 under the specified curve. Repeated praise for cleanliness, quietness, parking, leisure and family amenities supports a modest upward adjustment, while the repeated small-size and limited-selection comments are minor limitations; no structural score is assigned because no specific structural-system rating was published.

+ Modern architecture+ Clean interiors+ Well-maintained common areas+ Comfortable air-conditioning+ Convenient parking layout
Not found in sources: No recurring structural failure reported · No recurring plumbing issue reported · No recurring HVAC failure reported · No recurring electrical issue reported · No recurring leak or waterproofing issue reported
+ Quiet atmosphere+ Cleanliness+ Easy parking+ IMAX cinema+ Family amenities
− Small mall footprint− Limited international brands− No dedicated food court− Peak-time crowding− Some limited dining choice

Published reviews describe the asset as “neat and tidy,” “beautifully maintained,” and comfortable, with convenient parking and modern architecture. No reviewed source located for this report published a specific complaint or rating about the framework, plumbing, HVAC, electrical infrastructure, leaks or waterproofing; accordingly, there is no independent structure score.

The day-to-day visitor experience is generally favorable: reviews call Zero 6 “quiet and comfortable,” “not much crowded,” and “beautifully maintained,” while praising parking, cafés, family activities and the IMAX cinema. The main reservations are operational/amenity limitations rather than serious failures: one reviewer says the mall is small with fewer international outlets, and another says, “There is no food court area.”

Al Mamsha Souks (Zone 1)Sharjah
7.5/ 10
—/ 10
6.5/ 10
Property Finder 3.6/5, 3.8/5, 4/5 · 2 reviews · propertyfinder.ae
Combined from 3 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.5.

Property Finder’s Souq Al Mamsha page publishes a 4.1/5 overall rating from 2 reviews, which converts to 7.4/10 before adjustment. Because the review base is below 10, the result remains within one point of 6.5; repeated positive commentary moves it to 7.5, while the reported commute and parking drawbacks are minor.

+ Walkable layout+ Nearby services+ Ground-level retail+ Cafés and dining+ Family-friendly setting
− Peak-hour commute− Evening parking pressure− Limited public transport− No enclosed mall− No on-site full schools

no notes returned

no links returned

The two Property Finder comments describe Al Mamsha as convenient and walkable, including “Everything you need is nearby” and “shops and cafés at ground level.” The same material flags practical downsides: “budget an hour each way, sometimes more” for the Dubai commute and tighter evening parking; published project material also describes shaded pedestrian paths, pools, gyms, gardens and children’s play areas.

Al Mamsha Souks — Phase 2Sharjah927 units
6.8/ 10
—/ 10
6.3/ 10

The largest published review base is the 3.9/5 aggregate for the wider Al Mamsha Sharjah by Alef cluster, which converts to 6.7/10 under the specified curve. The reviewed sample supports a downward adjustment for recurring parking, noise and follow-up complaints, while the building-specific structural score remains unevidenced.

+ Well-ventilated open spaces+ Lush green walkways+ Modern finishes+ Landscaped gardens+ Pedestrian-friendly design
− Late-night construction noise− Ceiling/casing alteration noise− Reported construction delays
Not found in sources: No repeated plumbing failure evidence · No repeated HVAC failure evidence
+ Car-free walkability+ Convenient retail and cafés+ Clean public realm+ Family-friendly atmosphere+ Green spaces and dining
− Parking congestion− Late-night construction noise− Weak security follow-up− Delivery-delay complaints− Poor communication complaint

Published reviews provide limited building-fabric evidence. One resident reported extremely loud work to change the “ceiling/casing,” while another reported metal cutting and hammering at 1:40 a.m.; these are construction/noise observations rather than confirmed defects in the completed structure. Property Finder publishes a 4.3/5 maintenance sub-score for the wider community, but it is a two-review community page and is reported for the record rather than scored.

Reviews describe a convenient, walkable lifestyle: one reviewer says “Everything you need is right at your doorstep,” and another praises the “car-free community” and “safe, peaceful feel.” The main operational negatives are parking chaos, late-night construction noise and weak response—one resident says security took “no action, no follow-up, nothing”—while Property Finder’s wider-community review specifically notes peak Dubai commute and tight evening parking.

Al Mamsha — Phase OneSharjah693 units
6.6/ 10
5.9/ 10
6.6/ 10

The 675-review Google/Maps aggregate of 3.9/5 sets the level and converts to 6.6/10 under the requested market curve. The written reviews show a genuinely mixed resident experience: strong praise for the walkable, amenity-rich environment alongside repeated complaints about construction noise, parking and management response, so no upward adjustment is warranted.

+ Good apartment finishes+ Walkable planned layout+ Modern buildings+ Accessible amenities+ Positive infrastructure perception
− Weak water pressure reported− Humidity reported− Insects reported− Poor sound insulation reported− Maintenance problems reported
+ Car-free walkability+ Nearby cafes and shops+ Family-friendly spaces+ Clean public realm+ Peaceful atmosphere reported
− Parking congestion− Night construction noise− Slow responses− Maintenance-app problems− Poor security follow-up

Physical-condition evidence is limited and comes mainly from a six-review building-specific listing and written posts rather than an engineering inspection. One reviewer reported water pressure that was “nearly non-existent,” humidity, insects, poor sound insulation and maintenance failures; another described the apartment “finishings” as very good. No published evidence located here establishes broader structural failure across Phase One.

Residents and visitors repeatedly praise the car-free layout, nearby cafes and shops, family events and attractive public areas; one review calls it “coolest spots in Sharjah to hang out or call home.” Operational complaints are also substantial: reviewers describe parking as “a complete disaster,” report work at 1:40 a.m., and say security took “no action, no follow-up.”

Only buildings that have reached handover are rated. 0 of 4 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Alef Group
Headquarters
Ground Floor, SN4, Al Mamsha, Sharjah, United Arab Emirates
Founded
2013
Sharjah, United Arab Emirates
Entity type
PRIVATE
Revenue
not published
Business model
masterplan, mixed use

Partners

5 partners
CC7
contractor

CC7 was appointed main contractor for Al Mamsha Raseel, an AED 1.1 billion development comprising residential buildings and units.

BEEAH
partner

The strategic partnership covers exchanging expertise, sustainability best practices, resource and talent sharing, and sustainable urban progress in Sharjah.

Emaar Hospitality Group
operator

The collaboration introduces the Palace Residences brand at Al Mamsha Seerah in Sharjah, with hotel-style services inspired by Palace Hotels.

American University of Sharjah
partner

The MoU covers capacity-building, employability pathways, internships, thought leadership, joint advancement initiatives, and community programmes.

Khalid bin Sultan Al Qasimi Humanitarian Foundation
government partner

Alef became a Founding Legacy partner through an MoU supporting children in vulnerable communities.

Sources: name

COMPANY2025-03-26

Al Mamsha Raseel Contract – AED 1.1 Billion Mega Project | Alef

Alef Group
Alef ... announced the appointment of CC7 as the main contractor for Al Mamsha Raseel project valued at AED 1.1 billion.
value seen: CC7
https://www.alefgroup.ae/press/alef-awards-aed1-1bln-contract-for-al-mamsha-raseel/

Sources: partner type

COMPANY2025-03-26

Al Mamsha Raseel Contract – AED 1.1 Billion Mega Project | Alef

Alef Group
Alef ... announced the appointment of CC7 as the main contractor for Al Mamsha Raseel project valued at AED 1.1 billion.
value seen: main contractor
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alefgroup.ae/press/alef-awards-aed1-1bln-contract-for-al-mamsha-raseel/

Sources: summary

COMPANY2025-03-26

Al Mamsha Raseel Contract – AED 1.1 Billion Mega Project | Alef

Alef Group
Alef ... announced the appointment of CC7 as the main contractor for Al Mamsha Raseel project valued at AED 1.1 billion.
value seen: Al Mamsha Raseel project valued at AED 1.1 billion
value paraphrased from this source
https://www.alefgroup.ae/press/alef-awards-aed1-1bln-contract-for-al-mamsha-raseel/

Sources: name

COMPANY2025-10-08

Alef Group and BEEAH join forces to contribute to Sharjah’s legacy of progress and sustainable developments

Alef Group
BEEAH, the region’s leading sustainability and innovation pioneer, and Alef Group, a premier real estate developer in the UAE, have entered a strategic partnership
value seen: BEEAH
https://www.alefgroup.ae/press/alef-group-and-beeah-join-forces-to-contribute-to-sharjahs-legacy-of-progress-and-sustainable-developments/

Sources: partner type

COMPANY2025-10-08

Alef Group and BEEAH join forces to contribute to Sharjah’s legacy of progress and sustainable developments

Alef Group
BEEAH ... and Alef Group ... have entered a strategic partnership
value seen: strategic partnership
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alefgroup.ae/press/alef-group-and-beeah-join-forces-to-contribute-to-sharjahs-legacy-of-progress-and-sustainable-developments/

Sources: summary

COMPANY2025-10-08

Alef Group and BEEAH join forces to contribute to Sharjah’s legacy of progress and sustainable developments

Alef Group
BEEAH and Alef Group will collaborate to implement best practices, while exploring resource and talent sharing to deliver world-class projects for Sharjah’s sustainable urban landscape.
value seen: implement best practices ... resource and talent sharing
held out of the figures · the quote does not carry this value
https://www.alefgroup.ae/press/alef-group-and-beeah-join-forces-to-contribute-to-sharjahs-legacy-of-progress-and-sustainable-developments/

Sources: name

COMPANY2025-10-13

Palace Residences Al Mamsha – Strategic Partnership Emaar & Alef

Alef Group
Alef Group ... has partnered with Emaar Hospitality Group to introduce Palace Residences Al Mamsha
value seen: Emaar Hospitality Group
https://www.alefgroup.ae/press/emaar-hospitality-group-and-alef-group-forge-strategic-alliance-to-introduce-palace-residences-al-mamsha-in-sharjah/

Sources: partner type

COMPANY2025-10-13

Palace Residences Al Mamsha – Strategic Partnership Emaar & Alef

Alef Group
Alef Group ... has partnered with Emaar Hospitality Group to introduce Palace Residences Al Mamsha
value seen: partnered with Emaar Hospitality Group
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alefgroup.ae/press/emaar-hospitality-group-and-alef-group-forge-strategic-alliance-to-introduce-palace-residences-al-mamsha-in-sharjah/

Sources: summary

COMPANY2025-10-13

Palace Residences Al Mamsha – Strategic Partnership Emaar & Alef

Alef Group
Alef Group ... has partnered with Emaar Hospitality Group to introduce Palace Residences Al Mamsha
value seen: introduce Palace Residences Al Mamsha
https://www.alefgroup.ae/press/emaar-hospitality-group-and-alef-group-forge-strategic-alliance-to-introduce-palace-residences-al-mamsha-in-sharjah/

Sources: name

COMPANY2025-12-15

Alef Group and American University of Sharjah forge strategic partnership to empower future talent and drive knowledge exchange - Alef Group

Alef Group
Alef Group ... has signed a Memorandum of Understanding (MoU) with American University of Sharjah (AUS)
value seen: American University of Sharjah
https://www.alefgroup.ae/press/alef-group-and-american-university-of-sharjah-forge-strategic-partnership-to-empower-future-talent-and-drive-knowledge-exchange/

Sources: partner type

COMPANY2025-12-15

Alef Group and American University of Sharjah forge strategic partnership to empower future talent and drive knowledge exchange - Alef Group

Alef Group
Alef Group ... has signed a Memorandum of Understanding (MoU) with American University of Sharjah (AUS)
value seen: Memorandum of Understanding
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alefgroup.ae/press/alef-group-and-american-university-of-sharjah-forge-strategic-partnership-to-empower-future-talent-and-drive-knowledge-exchange/

Sources: summary

COMPANY2025-12-15

Alef Group and American University of Sharjah forge strategic partnership to empower future talent and drive knowledge exchange - Alef Group

Alef Group
Under the MoU, Alef Group and AUS will collaborate across key areas including capacity-building, employability pathways, internships, thought leadership and joint advancement initiatives.
value seen: capacity-building, employability pathways, internships, thought leadership and joint advancement initiatives
https://www.alefgroup.ae/press/alef-group-and-american-university-of-sharjah-forge-strategic-partnership-to-empower-future-talent-and-drive-knowledge-exchange/

Sources: name

COMPANYdate not shown in source

Alef Group Partners with KSQF | Sharjah Humanitarian Initiative

Alef Group
Alef Group proudly partners with the Khalid bin Sultan Al Qasimi Humanitarian Foundation (KSQF)
value seen: Khalid bin Sultan Al Qasimi Humanitarian Foundation
https://www.alefgroup.ae/csr/

Sources: partner type

COMPANYdate not shown in source

Alef Group Partners with KSQF | Sharjah Humanitarian Initiative

Alef Group
making Alef a Founding Legacy partner of the Foundation
value seen: Founding Legacy partner
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alefgroup.ae/csr/

Sources: summary

COMPANYdate not shown in source

Alef Group Partners with KSQF | Sharjah Humanitarian Initiative

Alef Group
The strategic partnership reaffirms the legacy of the late Sheikh Khalid bin Sultan Al Qasimi, a visionary whose humanitarian spirit continues to inspire meaningful change
value seen: protect and empower children in vulnerable communities
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alefgroup.ae/csr/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Arab Emiratesactive 4 projects tracked

What they build

2 types
Mixed use3 of 4
Retail1 of 4
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
RK
Raed Kajoor Al Nuaimi
Raed Kajoor Al Nuaimi is Alef Group’s CEO, with responsibility for leading the Sharjah developer’s strategy and operations. His background spans UAE naval service, real estate, development management and leisure; he previously led Dubai Parks & Resorts and held senior roles at Meraas, Dubai Properties and North25.
Current title
Chief Executive Officer
Experience
no career length stated
Companies before
MeraasDubai PropertiesNorth25Dubai Parks & Resorts
Education
Ascencia Business School – Collège de ParisBachelor's in Business Administration
Not statedMBA
Not statedMaster of Applied Business Research (MOAR)
Other boards
Noor BankDubai Hills EstateRove HotelsMarsa Al Seef
Known for
CEOUAE Navy10,000+ professionalsex-Meraasex-Dubai Properties
https://linkedin.com/in/raed-kajoor-al-nuaimi

Sources: education

COMPANYdate not shown in source

CEO’s Message - Alef Group

Alef Group
Raed holds a double master’s degree — an MBA and a Master of Applied Business Research (MOAR) — along with a Bachelor's in Business Administration from Ascencia Business School – Collège de Paris.
value seen: MBA and a Master of Applied Business Research (MOAR), along with a Bachelor's in Business Administration from Ascencia Business School – Collège de Paris
https://www.alefgroup.ae/ceo-message/

Sources: linkedin page

SOCIALdate not shown in source

Raed Kajoor Al Nuaimi

LinkedIn
Raed Kajoor Al Nuaimi
value seen: https://linkedin.com/in/raed-kajoor-al-nuaimi
https://linkedin.com/in/raed-kajoor-al-nuaimi

Sources: other boards

COMPANYdate not shown in source

CEO’s Message - Alef Group

Alef Group
Raed has also played key board-level roles with Noor Bank, Dubai Hills Estate, Rove Hotels, and Marsa Al Seef.
value seen: Noor Bank, Dubai Hills Estate, Rove Hotels, and Marsa Al Seef
https://www.alefgroup.ae/ceo-message/

Sources: previous companies

COMPANYdate not shown in source

CEO’s Message - Alef Group

Alef Group
Over his distinguished career, Raed has helmed multimillion and multibillion-dirham projects, led over 10,000 professionals, and held top executive roles at organizations such as Meraas, Dubai Properties, North25, and Dubai Parks & Resorts.
value seen: Meraas, Dubai Properties, North25, and Dubai Parks & Resorts
https://www.alefgroup.ae/ceo-message/

Sources: summary

COMPANYdate not shown in source

CEO’s Message - Alef Group

Alef Group
He currently serves as CEO of Alef Group, bringing visionary leadership to one of Sharjah’s most dynamic developers. Raed holds a double master’s degree — an MBA and a Master of Applied Business Research (MOAR) — along with a Bachelor's in Business Administration from Ascencia Business School – Collège de Paris.
value seen: Raed Kajoor Al Nuaimi is Alef Group’s CEO, with responsibility for leading the Sharjah developer’s strategy and operations. His background spans UAE naval service, real estate, development management and leisure; he previously led Dubai Parks & Resorts and held senior roles at Meraas, Dubai Properties and North25.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alefgroup.ae/ceo-message/

Sources: tags

OTHERdate not shown in source

Raed Kajoor Al Nuaimi – Kajoor

Kajoor
Raed started his career in the UAE Navy. ... Raed led 10,000+ professionals ... Prior to joining Engineer’s Office, Raed held senior management roles with Tatweer, Dubailand, and Dubai Properties Group. ... Soon Raed found himself at the helm of the region’s only themed entertainment destination, Dubai Parks & Resorts.
value seen: CEO; UAE Navy; 10,000+ professionals; ex-Meraas; ex-Dubai Properties; Theme-park delivery
value paraphrased from this source
https://kajoor.ae/about-us/team/raed-kajoor-al-nuaimi/

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Raed Kajoor Al Nuaimi Chief Executive Officer
value seen: Chief Executive Officer
https://www.alefgroup.ae/leadership/
AA
Abdullah Al Huraimel
Abdullah Al Huraimel is Alef Group’s vice chairman. Independent reporting identifies him previously as Executive Director of the New Companies Sector at Sharjah Cooperative Society, where he discussed the phased delivery and operation of Kalba Mall.
Current title
VICE CHAIRMAN
Experience
no career length stated
Companies before
Sharjah Cooperative Society
Education
not published
Other boards
none sourced
Known for
Vice chairmanSharjah Cooperative SocietyRetail and malls
http://www.linkedin.com/in/abdullah-al-huraimel-04865931

Sources: linkedin page

SOCIALdate not shown in source

Abdullah Al Huraimel

LinkedIn
Abdullah Al Huraimel
value seen: http://www.linkedin.com/in/abdullah-al-huraimel-04865931
http://www.linkedin.com/in/abdullah-al-huraimel-04865931

Sources: previous companies

PRESS2020-10-29

Al Huraimel: Kalba Mall is an important addition to the city

Sharjah 24
Abdullah Al Huraimel, Executive Director of the New Companies Sector at the Sharjah Cooperative Society
value seen: Sharjah Cooperative Society
https://sharjah24.ae/en/articles/2020/10/29/Al-Huraimel-Kalba-Mall-is-an-important-addition-to-the-city

Sources: summary

PRESS2020-10-29

Al Huraimel: Kalba Mall is an important addition to the city

Sharjah 24
Abdullah Al Huraimel, Executive Director of the New Companies Sector at the Sharjah Cooperative Society, appreciated the directives ... to establish Kalba Mall.
value seen: Abdullah Al Huraimel is Alef Group’s vice chairman. Independent reporting identifies him previously as Executive Director of the New Companies Sector at Sharjah Cooperative Society, where he discussed the phased delivery and operation of Kalba Mall.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sharjah24.ae/en/articles/2020/10/29/Al-Huraimel-Kalba-Mall-is-an-important-addition-to-the-city

Sources: tags

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Mr. Abdullah Al Huraimel VICE CHAIRMAN
value seen: Vice chairman; Sharjah Cooperative Society; Retail and malls
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alefgroup.ae/leadership/

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Mr. Abdullah Al Huraimel VICE CHAIRMAN
value seen: VICE CHAIRMAN
https://www.alefgroup.ae/leadership/
NT
Nada Taryam
Nada Taryam is an Alef Group board member and a senior real-estate executive at BEEAH, where the company lists her as CEO of Real Estate. She previously worked on Dubai Properties developments and has led major BEEAH civil, architectural and headquarters projects.
Current title
BOARD MEMBER
Experience
no career length stated
Companies before
Dubai Properties
Education
Architectural Association School of Architecture, LondonMaster’s in Architecture and Urbanism
American University of SharjahBachelor of Architecture, with a Minor in Urban Design
Other boards
none sourced
Known for
Board memberBEEAH CEO – Real EstateArchitectureUrban designSustainable development
https://linkedin.com/in/nada-taryam-884379ab

Sources: education

PRESS2023-06-24

Nada Taryam, Chief Real Estate Officer at BEEAH, Talks About The Architecture Of Their New Headquarters

Villa88
I studied at the American University in Sharjah, where I gained my Bachelor’s degree in Architecture with a minor in Urbanism. I then worked on key developments at Dubai Properties, and pursued my Master’s degree at the Architectural Association School of Architecture in London
value seen: Bachelor’s degree in Architecture ... Master’s degree at the Architectural Association School of Architecture in London
held out of the figures · the quote does not carry this value
https://www.villa88.com/love/nada-taryam-chief-real-estate-officer-at-beeah-talks-about-the-architecture-of-their-new-headquarters/

Sources: linkedin page

SOCIALdate not shown in source

Nada Taryam

LinkedIn
Nada Taryam
value seen: https://linkedin.com/in/nada-taryam-884379ab
https://linkedin.com/in/nada-taryam-884379ab

Sources: previous companies

PRESS2023-06-24

Nada Taryam, Chief Real Estate Officer at BEEAH, Talks About The Architecture Of Their New Headquarters

Villa88
I then worked on key developments at Dubai Properties
value seen: Dubai Properties
https://www.villa88.com/love/nada-taryam-chief-real-estate-officer-at-beeah-talks-about-the-architecture-of-their-new-headquarters/

Sources: summary

COMPANYdate not shown in source

BEEAH Leadership & Executive Team

BEEAH
Nada Taryam CEO - Real Estate
value seen: Nada Taryam is an Alef Group board member and a senior real-estate executive at BEEAH, where the company lists her as CEO of Real Estate. She previously worked on Dubai Properties developments and has led major BEEAH civil, architectural and headquarters projects.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.beeahgroup.com/about-beeah-group/our-team/

Sources: tags

PRESS2023-06-24

Nada Taryam, Chief Real Estate Officer at BEEAH, Talks About The Architecture Of Their New Headquarters

Villa88
Prior to joining BEEAH Group in 2013, I studied at the American University in Sharjah, where I gained my Bachelor’s degree in Architecture with a minor in Urbanism. I then worked on key developments at Dubai Properties, and pursued my Master’s degree at the Architectural Association School of Architecture in London
value seen: Board member; BEEAH CEO – Real Estate; Architecture; Urban design; Sustainable development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.villa88.com/love/nada-taryam-chief-real-estate-officer-at-beeah-talks-about-the-architecture-of-their-new-headquarters/

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Ms. Nada Taryam BOARD MEMBER
value seen: BOARD MEMBER
https://www.alefgroup.ae/leadership/
SP
Sandesh Pandhare
Sandesh Pandhare is an Alef Group board member and investment professional with more than two decades of private-equity and investment experience. His prior work includes senior investment roles at Istithmar World, Meraas and Jebel Ali Free Zone Authority, with responsibility for valuation, capital structuring, financing and investor relations.
Current title
BOARD MEMBER
Experience
30+ years investment and real estate
Companies before
MeraasIstithmar WorldJebel Ali Free Zone Authority
Education
Mumbai UniversityMaster’s in Management Studies
Pune University, IndiaBachelor’s degree in Engineering
Other boards
Independent Board Member / Investor / Board Advisor
Known for
Board memberCFAPrivate equityInvestment strategyBoard advisor
https://linkedin.com/in/sandeshpandhare

Sources: education

COMPANYdate not shown in source

Management Team | About Us

Dubai Parks and Resorts · carried by dprcorporate.ae
Sandesh Pandhare is a CFA charter holder. He holds a Master’s in Management Studies from Mumbai University and a Bachelor’s degree in Engineering from Pune University, India.
value seen: Master’s in Management Studies from Mumbai University and a Bachelor’s degree in Engineering from Pune University, India
https://dprcorporate.ae/management-team/

Sources: linkedin page

SOCIALdate not shown in source

Sandesh Pandhare, CFA

LinkedIn
Sandesh Pandhare, CFA
value seen: https://linkedin.com/in/sandeshpandhare
https://linkedin.com/in/sandeshpandhare

Sources: other boards

SOCIALdate not shown in source

Sandesh Pandhare, CFA

LinkedIn
VC-PE Investor Board Advisor Mentor - Independent Board Member | Investor (Current)
value seen: Independent Board Member / Investor / Board Advisor
held out of the figures · the quote does not carry this value
https://linkedin.com/in/sandeshpandhare

Sources: previous companies

COMPANYdate not shown in source

Management Team | About Us

Dubai Parks and Resorts · carried by dprcorporate.ae
Prior to joining Meraas, Sandesh Pandhare was the Managing Director and Head of Private Equity at Istithmar World ... Sandesh Pandhare earlier worked with Jebel Ali Free Zone Authority
value seen: Meraas, Istithmar World, Jebel Ali Free Zone Authority
held out of the figures · the quote does not carry this value
https://dprcorporate.ae/management-team/

Sources: summary

COMPANYdate not shown in source

Management Team | About Us

Dubai Parks and Resorts · carried by dprcorporate.ae
A key member of the management team, Sandesh Pandhare contributes to achieving the overall strategic objective of the company. As part of this mandate, he is responsible for strategic planning, new project investment and development, investor relations, internal and external reporting, and other financial administrative matters.
value seen: Sandesh Pandhare is an Alef Group board member and investment professional with more than two decades of private-equity and investment experience. His prior work includes senior investment roles at Istithmar World, Meraas and Jebel Ali Free Zone Authority, with responsibility for valuation, capital structuring, financing and investor relations.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dprcorporate.ae/management-team/

Sources: tags

COMPANYdate not shown in source

Management Team | About Us

Dubai Parks and Resorts · carried by dprcorporate.ae
Sandesh Pandhare adds more than 23 years of experience in the private equity and investment industry. ... Sandesh Pandhare is a CFA charter holder.
value seen: Board member; CFA; Private equity; Investment strategy; 30+ years investment and real estate; Board advisor
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dprcorporate.ae/management-team/

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Mr. Sandesh Pandhare BOARD MEMBER
value seen: BOARD MEMBER
https://www.alefgroup.ae/leadership/
WA
Wassim Arabi
Wassim Arabi is an Alef Group board member with more than three decades of retail and mall-operations experience. He has served as Group CEO of Emaar Malls and Entertainment and, as of the latest independent announcement, President of Al-Futtaim’s Retail division.
Current title
BOARD MEMBER
Experience
30+ years retail and malls
Companies before
Emaar Malls and EntertainmentAlshaya Group
Education
University of Arkansas at Little RockBachelor of Business Administration
Other boards
none sourced
Known for
Board memberex-Emaar Mallsex-AlshayaRetail president
https://linkedin.com/in/wassim-arabi-a108469b
I look forward to working with the team to drive innovation, enhance customer experiences, and shape the future of retail for our partners and communities. Al-Futtaim June 4, 2025https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: education

SOCIALdate not shown in source

Wassim Arabi

LinkedIn
Bachelor of Business Administration (B.B.A.), Bachelor of Business Administration at University of Arkansas at Little Rock
value seen: Bachelor of Business Administration at University of Arkansas at Little Rock
https://linkedin.com/in/wassim-arabi-a108469b

Sources: linkedin page

SOCIALdate not shown in source

Wassim Arabi

LinkedIn
Wassim Arabi
value seen: https://linkedin.com/in/wassim-arabi-a108469b
https://linkedin.com/in/wassim-arabi-a108469b

Sources: previous companies

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
Wassim Arabi brings over three decades of retail and mall operations experience to Al-Futtaim, having most recently served as Group CEO of Emaar Malls and Entertainment. His extensive leadership background, including a long tenure at Alshaya Group
value seen: Emaar Malls and Entertainment and Alshaya Group
held out of the figures · the quote does not carry this value
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: date

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
Published - June 4, 2025
value seen: June 4, 2025
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: publisher

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
Al-Futtaim Appoints Wassim Arabi as President of Retail Division
value seen: Al-Futtaim
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: quote

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
I look forward to working with the team to drive innovation, enhance customer experiences, and shape the future of retail for our partners and communities.
value seen: I look forward to working with the team to drive innovation, enhance customer experiences, and shape the future of retail for our partners and communities.
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: summary

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
Wassim Arabi brings over three decades of retail and mall operations experience to Al-Futtaim, having most recently served as Group CEO of Emaar Malls and Entertainment. His extensive leadership background, including a long tenure at Alshaya Group, positions him to lead the Retail division
value seen: Wassim Arabi is an Alef Group board member with more than three decades of retail and mall-operations experience. He has served as Group CEO of Emaar Malls and Entertainment and, as of the latest independent announcement, President of Al-Futtaim’s Retail division.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: tags

COMPANY2025-06-04

Al-Futtaim Appoints Wassim Arabi as President of Retail Division

Al-Futtaim
Wassim Arabi brings over three decades of retail and mall operations experience to Al-Futtaim, having most recently served as Group CEO of Emaar Malls and Entertainment. His extensive leadership background, including a long tenure at Alshaya Group
value seen: Board member; 30+ years retail and malls; ex-Emaar Malls; ex-Alshaya; Retail president
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alfuttaim.com/en/articles/al-futtaim-appoints-wassim-arabi-as-president-of-retail-division/

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Mr. Wassim Arabi BOARD MEMBER
value seen: BOARD MEMBER
https://www.alefgroup.ae/leadership/
RP
Rajesh Pareek
Rajesh Pareek is Alef Group’s CFO, with a finance career spanning real estate, construction, private equity and government-related entities. Before Alef, he was CFO and COO of National Investment Corporation and previously held CFO roles at Qatar Free Zones Authority, Union Properties and DIFC; he also led major financing and Sukuk transactions.
Current title
CHIEF FINANCIAL OFFICER
since Nov 2023 - Present
Experience
25+ years finance
Companies before
National Investment Corporation (PJSC)Qatar Free Zones AuthorityUnion Properties PJSCDubai International Financial CentreKPMGArthur Andersen
Education
Not statedB Com Honours in Finance and Accounting
Indian Institute of Management, AhmedabadGeneral Management Program
Other boards
none sourced
Known for
CFOChartered AccountantFundraising and Sukukex-DIFCM&A and restructuring
https://linkedin.com/in/rapareek

Sources: education

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
Chartered Accountant along with B Com Honours in Finance and Accounting, have completed a General Management Program from IIM, Ahmedabad
value seen: B Com Honours in Finance and Accounting; General Management Program from IIM, Ahmedabad
held out of the figures · the quote does not carry this value
https://linkedin.com/in/rapareek

Sources: linkedin page

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
Rajesh Pareek Alef Group
value seen: https://linkedin.com/in/rapareek
https://linkedin.com/in/rapareek

Sources: previous companies

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
Most notable professional experience in the region include working with the Big 4, CFO of DIFC, Union Properties PJSC, Qatar Free Zone Authority, lastly CFO and COO of National Investment Corporation prior to joining Alef Group.
value seen: National Investment Corporation (PJSC), Qatar Free Zones Authority, Union Properties PJSC, Dubai International Financial Centre, KPMG, and Arthur Andersen
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/rapareek

Sources: since

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
CFO - Alef Group (Current) Nov 2023 - Present
value seen: Nov 2023 - Present
https://linkedin.com/in/rapareek

Sources: summary

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
Seasoned finance professional with 25+ years with broad sectoral expertise including real estate, construction, private equity ... Significant experience in fund raising of $1.035b through bank syndication, issuance of rated Sukuk for $700m. ... most notable professional experience ... CFO and COO of National Investment Corporation prior to joining Alef Group.
value seen: Rajesh Pareek is Alef Group’s CFO, with a finance career spanning real estate, construction, private equity and government-related entities. Before Alef, he was CFO and COO of National Investment Corporation and previously held CFO roles at Qatar Free Zones Authority, Union Properties and DIFC; he also led major financing and Sukuk transactions.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/rapareek

Sources: tags

SOCIALdate not shown in source

Rajesh Pareek

LinkedIn
Seasoned finance professional with 25+ years ... Chartered Accountant along with B Com Honours in Finance and Accounting ... Significant experience in fund raising of $1.035b through bank syndication, issuance of rated Sukuk for $700m.
value seen: CFO; 25+ years finance; Chartered Accountant; Fundraising and Sukuk; ex-DIFC; M&A and restructuring
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/rapareek

Sources: title

COMPANYdate not shown in source

Leadership - Alef Group

Alef Group
Rajesh Pareek CHIEF FINANCIAL OFFICER
value seen: CHIEF FINANCIAL OFFICER
https://www.alefgroup.ae/leadership/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

4 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Al Mamsha Souks (Zone 1)Sharjah, United Arab Emirates
mixed use————20/8012019Aug 2019Sep 2019 – Dec 2019Jun 2025+67.5 mo
(+66.0 to +69.0)
estimatedcompleted
Al Mamsha Souks — Phase 2Sharjah, United Arab Emirates
mixed use9271———20/801——Sep 2019 – Dec 2019Nov 2022+36.5 mo
(+35.0 to +38.0)
estimatedcompleted
Al Mamsha — Phase OneSharjah, United Arab Emirates
mixed use6931———20/8012017September 6, 2017Dec 2020Jun 2021+6.0 mo
(+6.0 to +6.0)
estimatedcompleted
Zero 6 MallSharjah, United Arab Emirates
Al Juraina
retail—two-storey37,000 m²AED 210m
other
—2016March 28, 2016Apr 2017Apr 2018+12.0 mo
(+12.0 to +12.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
PROJECT AWARD Winner 2022 (reported 10 November 2022)
Best Developer Project – Northern Emirates · Hayyan
Alef Group was awarded Best Developer Project in the Northern Emirates for Hayyan at the ninth Property Finder Awards.
RANKING Ranked 4 September 2025
Top 100 Real Estate Developers in the GCC
Alef Group was ranked 37th in Construction Week’s 2025 GCC real-estate-developer list.
RANKING Ranked 13 October 2022
Top 50 Developers in the GCC
Alef Group was ranked 29th in Construction Week’s GCC developers list.
GOVERNMENT RECOGNITION Winner 18 December 2024
Leaders of Excellence Award
AUS gave the Leaders of Excellence award to Alef Group for going above and beyond in supporting the university’s advancement efforts.
MILESTONE 29 January 2025 (reported 30 January 2025)
ACRES 2025 sales milestone
The developer reports signing 1,006 sales and purchase agreements valued at AED 1,371,547,922 during the four-day ACRES 2025 exhibition.
MILESTONE 2024 (reported 24 January 2025)
2024 sales and market-share milestone
The developer reports sales exceeding AED 2.4 billion in 2024, 30% year-on-year growth and more than 25% of Sharjah’s real-estate market.

Risks

Risk flags

4 found
DELIVERY DELAY Reported February 10, 2026; current position reviewed October 7, 2026
A February 10, 2026 customer review alleged that Al Mamsha construction was nearly two years late against the agreed date and that, after requesting a contractual refund, the reviewer had waited more than four months for a refund cheque; this is an unverified customer allegation, and Alef’s own later construction page reported Al Mamsha at 73% completion with handover stated as June 2030.
DELIVERY DELAY Reviews and updates reported January-August 2025; current position reviewed October 7, 2026
Customer reviews published on a third-party real-estate listing alleged that Hayyan had made little or no visible construction progress, that the previously stated December 2025 handover would be delayed, and that Alef customer care had indicated a substantial risk of delay; these are customer allegations rather than an independent finding, while Alef’s own construction page states Hayyan is 30% complete with handover in June 2030.
DELIVERY DELAY Original commitment: December 2025; buyer updates: January–August 2025; Alef construction update published April 18, 2026 and viewed for the October 7, 2026 position
Hayyan, developed by Alef Group, was marketed with handover by December 2025, but a January–August 2025 buyer-account record reported that the date would not be met and that construction remained far from complete; Alef’s subsequently published construction page lists handover as June 2030 and 30% overall completion, so the project is documented as materially overdue against the earlier commitment as of October 7, 2026, although the buyer reports are not regulator or court findings.
DELIVERY DELAY Original commitments published February 24, 2020; subsequent handover announcement April 30, 2024
Al Mamsha Phase I, developed by Alef Group, was publicly scheduled for delivery by December 2020, while Phase II handover was projected from June 2021; Alef later announced handover of 819 Al Mamsha Souks residences on April 30, 2024, documenting a substantial schedule slippage for those phases, but this is reported as a subsequently resolved delivery delay rather than an active failure.

Record status

active
Coverageactive
Tracked sinceOctober 6, 2026
Last checkedOctober 7, 2026 this month
Profile last researchedOctober 7, 2026
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