Alef · Muwaileh · handover Q4 2029
Olfah payment plan, price and handover
Olfah by Alef in Muwaileh, Sharjah is sold on a 5/35/35, 25% post-handover payment plan. On the cheapest unit, starting from AED 904K, that is AED 678K (75%) paid by handover in Q4 2029 and AED 226K (25%) after the keys over 18 months. Handover is 37 months away.
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The Olfah payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 5% |
| During construction | 35% |
| Upon Handover | 35% |
| Post Handover for 18 months | 25% |
On the cheapest unit (1 BR, 769 sqft, AED 904K)
| On booking | AED 45,200 |
| During construction | AED 316,400 |
| Upon Handover | AED 316,400 |
| Post Handover for 18 months | AED 226,000 |
| Paid by handover (75%) | AED 678,000 |
| Months to handover | 37 |
| After handover (25%, 18 months) | AED 226,000 |
Percentages as published by Alef. Dirham figures are those percentages applied to the published starting price of AED 904,000. Registration and other fees are not included.
The Olfah instalment schedule, line by line
Alef publishes 2 payment plans for Olfah. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: Payment Plan for Olfah 1, PH for 18 months)
Published by Alef
| Stage | Instalment | Share | On AED 904,000 |
|---|---|---|---|
| On booking | as published | 5% | AED 45,200 |
| During construction35% | After 30 days | 5% | AED 45,200 |
| During construction 13 equal payments | 30% | AED 271,200 | |
| Upon Handover | as published | 35% | AED 316,400 |
| Post Handover for 18 months | as published | 25% | AED 226,000 |
| Total of the plan | 100% | AED 904,000 | |
Plan 2 of 2: Payment Plan
Published by Alef
| Stage | Instalment | Share | On AED 904,000 |
|---|---|---|---|
| On Booking10% | On Booking | 10% | AED 90,400 |
| During construction20% | 1st Installment to 10th Installment | 10 × 2% | AED 18,080 each |
| On Handover | as published | 70% | AED 632,800 |
| Total of the plan | 100% | AED 904,000 | |
Instalments and charges as published by Alef; the dirham column applies each percentage to the published starting price of AED 904,000. Fixed charges are printed as published. Registration is covered separately below.
What each unit size pays at Olfah
The same plan, applied to the starting price Alef publishes for each size in the building.
| Unit | From | On booking (5%) | During construction (35%) | Upon Handover (35%) | Post Handover for 18 months (25%) |
|---|---|---|---|---|---|
| 1 bedfrom 769 sq ft | AED 904,000 | AED 45,200 | AED 316,400 | AED 316,400 | AED 226,000 |
| 2 bedfrom 1,422 sq ft | AED 1,449,000 | AED 72,450 | AED 507,150 | AED 507,150 | AED 362,250 |
| 3 bedfrom 1,844 sq ft | AED 1,839,000 | AED 91,950 | AED 643,650 | AED 643,650 | AED 459,750 |
Starting price per size as published by Alef; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Olfah
In Sharjah the registration fee is set by the emirate’s land department. It is paid to the land department, not to Alef and not to EZRE, and it sits outside the payment plan above. Ask us for the figure on Olfah, or read what a buyer pays in each emirate.
Everything else on Olfah
Olfah payment plan: questions buyers ask
- What is the payment plan for Olfah?
- Olfah by Alef is sold on a 5/35/35, 25% post-handover plan: 5% on booking, 35% during construction, 35% upon handover, 25% post handover for 18 months, as published by the developer.
- How much is the booking amount for Olfah?
- 5% of the price. On the cheapest unit at AED 904K that is AED 45,200.
- How much do I pay before I get the keys to Olfah?
- 75% of the price, the payment due on handover day included. On the cheapest unit at AED 904K that is AED 678K by handover in Q4 2029.
- Does Olfah have a post-handover payment plan?
- Yes. 25% (AED 226K on the cheapest unit) is paid after handover over 18 months. If you sell before handover, this is how it works.
- What are the registration fees on Olfah?
- In Sharjah the registration fee is set by the emirate's land department. It is paid to the land department, not to EZRE, and it sits outside the developer's payment plan. Ask us for the figure on Olfah.
- When is the handover of Olfah?
- Alef publishes Q4 2029, which is 37 months from now.
Payment plans in Muwaileh
- DISTRICT 11 payment plan
- Central Business District Phase 1 payment plan
- The Gate 6 payment plan
- Safa Parkview payment plan
- The Gate 3 and 4 payment plan
- The Gate 5 payment plan
Alef payment plans
Other Alef payment plans
starting from
AED 904K
handover Q4 2029
