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The Alef Residences

An exclusive option for investments in cozy premium homes in Alef Residences on Palm Jumeirah.

Built from the first letter of the Arabic alphabet, The Alef, meaning ‘first and foremost’ signifies a point of infinite possibility. Born out of a desire to redefine luxury, it represents a physical space premium to its core, and a quality of living beyond all else. The Alef brand is truly the first of its kind – through design, space, location, and genuine lifestyle experiences.

Surrounded by the Gulf, The Alef Residences is situated on the West Crescent of Palm Jumeirah, covering 46840 sq m, all serviced by W – The Palm. Everything is within reach, shopping, dining, even access routes as far as the airport are effortless.

Al Sharq Investment offers a unique product for investments in elite Dubai housing — super-premium serviced apartments in Alef Residences on Palm Jumeirah to only bring dividends (from 8% per annum), but providing you a real cozy 5-star home.

The construction of exclusive Alef Residences on the man-made island of Palm Jumeirah in Dubai is entering the final stage. According to the developer, these are apartments that "will redefine the very meaning to the luxury concept", but at the same time they can become a real cozy home for those who want to combine reliable investments with the purchase of a comfortable home for their own residence for some period of the year in Dubai .

Alef Residences consists of 104 homes situated in 8 mansions featuring their own dedicated lobbies and private elevators. Measuring in size from 4800 sq.feet to 16,000 sq.feet Alef Residencies will comprise between 2 to 5 bedrooms. Ranging in price from AED15 million to AED65m, the apartments will be serviced by the 5 star W Hotel Dubai (W The Palm). Residents at Alef will be able to avail themselves of ­anything from room service from the W’s impressive array of eateries, to laundry, maid and event-­planning services.

The developer’s set out to create something “really special”, Matthew Bate, executive manager of Al Sharq Investment says. Whether that means floor-to-ceiling glass windows that offer expansive sea views from every residence; huge wraparound balconies; walk-in wardrobes by Poliform; high-quality timber floors; Philippe Starck mixers; a 475-metre-long stretch of private beach; or private cabanas that are dotted through the landscaped gardens leading onto the beach (as opposed to the standard Tetris-like rows of sunbeds), to afford more privacy and intimacy – every effort has been made to ensure that Alef Residences offers the very highest standards of luxury living.

Alef residents will also have a direct access to exclusive Club 104, a private club created for them with a 5 star life style within their grasp, lounge areas for ladies and gents, tennis courts, a spa, and a private cinema, as well as personal concierge service and valet parking.

There will be a number of unique luxury facilities offered at THE ALEF to its residents:

  • Club 104, a private club for the Alef residents that will be offering the 5 star life style within their grasp
  • Private SPA
  • Private Lounge, for Ladies and Gents 
  •  Private Cinema
  • Children Indoor and Outdoor Areas 
  • 500 M Private Beach
  • Tennis Courts
  •  Privacy and Security
  • Gated Community with private access to the owners and their guests only
  • VIP Treatment at the W-The Palm
  • Personal Concierge Service
  • Valet Parking Service


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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management