Off-PlanHandover 1 Jan 2029Under Construction
Palace Residences 2
Sharjah, Muwaileh
Starting From
AED 1.7M
BEDROOMS
1 - 2 - 3 Beds
SIZE FROM
868 sqft
PROPERTY TYPE
Apartments
HANDOVER
1 Jan 2029
Premium Amenities
CCTV Security
Restaurants
Children's Play Area
Landscaped Gardens
Gymnasium
Indoor Swimming Pool
Payment Plan
10% Down10%
Down Payment
2026-07-1230%
During Construction
2026-07-1260%
On Handover
2026-07-12Floor Plans & Available Units
LayoutUnit TypeSizePrice
Type 1
868 sqft
AED 1.7M
Location
Sharjah, Muwaileh
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Developed By
Alef Group
One of Dubai's most reputable real estate development companies.
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Palace Residences 2
Frequently Asked Questions about Palace Residences 2
What is Palace Residences 2?
Palace Residences 2 is an off-plan development by Alef Group in Muwaileh, sold before completion. Unit types, floor plans, pricing and the payment schedule are listed on this page, along with the expected handover date.
What payment plan is available for Palace Residences 2?
Palace Residences 2 is offered with a developer payment plan, generally a booking deposit followed by construction-linked instalments and a final amount at handover. The payment plan section above shows the exact split for this project.
When is Palace Residences 2 expected to complete?
The expected handover date is shown in the project timeline on this page. Construction progress is tracked against RERA-registered milestones, and payments fall due as those milestones are certified.
Is buying Palace Residences 2 off-plan protected?
Yes. As a RERA-registered project, buyer funds are held in a project escrow account and released to the developer against verified construction progress, rather than paid directly to the developer upfront.
What are the additional costs for Palace Residences 2?
Beyond the unit price, budget for the 4% Dubai Land Department registration fee and any applicable agency commission. Dubai charges no annual property tax and no capital gains tax on residential property.