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Top 100 GCC Real Estate Developers: Tilal Properties

top 100 gcc real estate developers

Sharjah-based developer of residential complexes and freehold projects is the company behind Tilal City and Tilal Mall.

Tilal Properties, a developer of residential complexes and freehold projects in Sharjah has been led by director-general Khalifa Al Shaibani.

The developer is behind projects including the 232ha Tilal City and its latest retail project, Tilal Mall.

Construction Week’s Top 100 GCC Real Estate Developers 2019 list is a compilation of the region’s most influential and successful property firms.
The list has been produced based on publicly available information and is not a ranking.

https://www.constructionweekonline.com/business/259020-top-100-gcc-real-estate-developers-tilal-properties

CategoriesExhibitions

Tilal Properties showcases Tilal City at Cityscape Global

Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, has announced its participation in the Cityscape Global 2019 in Dubai from September 25-27 at the Dubai World Trade Centre to showcase its flagship project Tilal City.

The mixed-use project with a gross area of about 25mn sq ft touted as ‘New Sharjah, the landmark development is Sharjah’s first master-planned community that comprises a range of exclusive 1,447 land plots, combined with parks, education, and community facilities. The city will host a mix of living, commercial, retail leisure and entertainment facilities, including apartments, townhouses, as well as detached and semi-detached villas that will host around 65,000 residents. Commercial spaces will include office towers and mixed-use buildings.

Khalifa al Shaibani, director general of Tilal Properties, has underlined the importance of participating in the Cityscape Global in Dubai, describing it as one of the largest real estate exhibitions in the UAE. “Cityscape Global is a significant real estate platform where specialists and decision-makers exchange views over the latest developments taking place in the sector.”

He invited all homeownership seekers, investors, and brokers to visit Tilal Properties’ Stand at the event to catch a glimpse of the company’s latest developments and benefit from its Cityscapeexclusive offers that will include big cash discounts on Tilal City’s plots of land, now considered the emirate’s ideal investment destination. Tilal Properties allows Emiratis, GCC citizens, and all Arab nationals residents and non-residents to purchase land on a freehold basis at the development.

https://www.sharjah24.ae/en/economy/204364/Tilal-Properties-showcases-Tilal-City-at-Cityscape-Global

CategoriesPress Release

Tilal unveils promotional plan for flagship Sharjah project

Tilal Properties, a Sharjah-based real estate developer, has established a six-month promotional platform for its flagship project ‘Tilal City’ at the Sharjah Real Estate Registration Department.

The plan, which is developed by Tilal Properties, comes at a time when Sharjah is witnessing a real estate boom.

As per recent data released by the Sharjah Real Estate Registration Department, property transactions worth Dh14.7 billion ($4 billion) were conducted during the first half, in a clear indication of the significantly continuous growth witnessed by the sector in the emirate and its ability to attract local, Arab and foreign investors.

A total of 27,588 real estate deals were sealed across the emirate during the first six months of the year, with a total of over 24 million sq ft of real estate traded during the mentioned period.

Ala’a Masoud, the head of sales and marketing at Tilal Properties, has expressed his optimism about the ongoing promotion plan and marketing strategies launched for the second half of the year.

https://www.zawya.com/mena/en/business/story/Tilal_unveils_promotional_plan_for_flagship_Sharjah_project-SNG_149292576/

CategoriesExhibitions

Tilal Properties To Participate In 6th Edition Of ACRES Real Estate Exhibition

Tilal Properties, the leading real estate development, and investment company and the premier developer of residential complexes and freehold projects in the Emirate of Sharjah, has announced its participation in the sixth edition of the ACRES Real Estate Exhibition on March 19-21, 2019, in cooperation with the Sharjah Real Estate Registration Department and the Real Estate Sector Business Group in Sharjah.

ACRES is targeting real estate developers, contractors, construction & property agents, banks, financial institutions, government departments involved in the real estate industry, insurance companies, property management services & owners, engineering services companies and project management firms.
During its participation in the event’s sixth edition, Tilal Properties will offer a range of exclusive plots in Tilal City at competitive prices starting from AED100 per sqft for land plots of 10,000 sqft.

H.E. Khalifa Al Shaibani, Director-General of Tilal Properties, underlined the importance of participating in ACRES 2019, describing it as the leading real estate platform in the Emirate of Sharjah for its eminent real estate products that attract investors from different parts of the region.

“The land plots offered by Tilal Properties at ACRES this year represent a promising investment opportunity and meet the requirements of those seeking long-term residence after retirement. It’s undoubtedly a valuable opportunity for developers to take advantage of the City’s advanced infrastructure,” he added.
He pointed out that work will start over the coming three months to link Tilal City with key exits and entries on the Emirates Road.

“The real estate market in Sharjah is one of the most promising in the Middle East because it abounds in myriad business opportunities, including attractive returns for investors,” he said.

“The real estate market in Sharjah is safe and balanced. This is why we’ve decided to participate in this year’s edition of ACRES to promote the advantages boasted by the Tilal City, which we introduce in line with the vision of the Government of Sharjah, to launch an innovative model city boasting a strategic location and offering an ideal opportunity for those wishing to own or invest in the Sharjah real estate market.”

The City will combine Tilal Mall, which, upon completion, will be the largest fully-serviced business center in the Emirate of Sharjah at an estimated gross area of 2 million sqft and a development cost of AED1 billion.

Tilal Properties is a joint venture between the emirate’s investment arm, Sharjah Asset Management, and Eskan Real Estate Development. According to the main planning of the project, the city can accommodate about 65,000 inhabitants. The master plan of the 25 million sqft City aims to develop a sustainable urban community spread over five key areas, including residential buildings, villas, and homes with green spaces and corridors.

It represents a multi-purpose mixed-use real estate development that offers a unique opportunity to purchase land for housing purposes in a carefully planned and fully coordinated environment.

Tilal Mall will include a number of shops and luxury brands, modern cinemas, family entertainment centers, a range of luxurious and famous restaurants and a 65-hectare theme park.

The mall also includes a sprawling hypermarket that provides all visitors’ needs, in addition, a health clinic and a pharmacy.

https://www.sharjah24.ae/en/sharjah/178846/Tilal-Properties-to-participate-in-6th-ACRES-Real-Estate-Exhib

CategoriesExhibitions

Tilal Properties concludes successful participation in DPS in Mumbai

SHARJAH : Tilal Properties, the Sharjah-based real estate developer, concluded its successful participation in the 10th edition of the Dubai Property Show (DPS) in Mumbai, India, that was organized by the Dubai Land Department on Dec.7-9 and attracted vast real estate developers from the UAE.

Tilal Properties’ participation in the three-day real estate exhibition in India is part of its expansionary marketing strategy to tap new markets for its flagship project “Tilal City” and attract new investors from the promising Indian market, given that the UAE is one of India’s key trade, political and cultural partners, appreciations to the privileged relations of friendship binding the two nations for several centuries. Indians are also among the top three real estate buyers among non-Arab nationals in the UAE.

During its participation in the event, Tilal Properties showcased Tilal City as one of the leading and largest real estate developments in the Emirate of Sharjah. Various investment options were provided to Indians to invest in the project by purchasing land and build their residential buildings, commercial, or villa.

https://www.albawaba.com/business/pr/tilal-properties-concludes-successful-participation-dubai-property-show-mumbai-1225350

CategoriesPress Release

Tilal Properties Provide Free-Hold Facilities for Arab Nationals, Renewable 100-Year Leaseholds for Non-Arabs

Tilal Properties has announced that all nationalities may purchase land at its flagship development, Tilal City, in Sharjah.

H.E. Khalifa Al Shaibani, Director General of Tilal Properties, has stated new ownership laws allow Emiratis, GCC citizens and all Arab nationals to purchase land on a freehold basis at the development, while renewable 100-year leaseholds are available, for the first time, to other nationalities without having to be UAE residents.

Al Shaibani noted that the new ownership regulations being applied by Tilal Properties are in line with the policy adopted by the Emirate of Sharjah to stimulate local and foreign investment across different economic sectors, notably the real estate and construction platforms.

“The new ownership structures echo the economic transformation witnessed by the emirate at the current period and go in unison with the government’s mid & long-term incentive plans whose aim is to ensure the social welfare and economic wellbeing of citizens and residents living in Sharjah,” Al Shaibani added.
He pointed out that the favourable credit ratings of Sharjah by global rating agencies earlier this year have strengthened the economic status of the emirate and sustained its future outlook.

“Global credit rating agency Standard & Poor’s has affirmed the Emirate of Sharjah’s BBB+/A-2 sovereign credit ratings long- and short-term, foreign and local currency, with a stable outlook. The agency also projected a gradual increase in economic growth within the next three years, supported by growth in the emirate’s construction, tourism and manufacturing sectors,” said Al Shaibani.
The agency also projects the emirate’s economy to grow 2 percent on an annual basis from 2018 through 2021, noting that the emirate’s economy is supported by a diverse production base, with process industries accounting for 17 percent of its GDP, while realty, wholesale & retail and financial sectors comprise more than 10 percent of GDP.

Moody’s Investors Service has, as well, affirmed Sharjah’s long-term A3 issuer rating and stable outlook, thanks to its resilient and diversified economy and the introduction of revenue-raising measures.
The rating agency maintained the emirate’s rating also partly thanks to improved performance of key government-related issuers which has lowered the risks posed by contingent liabilities to the government’s balance sheet and the government’s initiatives to stimulate FDI inflows.

In the meantime, Tilal Properties has announced it will showcase its flagship AED2.4 billion development, Tilal City, in the 12th annual Cityscape Abu Dhabi Conference, this week from April 17-19 at the Abu Dhabi National Exhibition Centre.

Tilal Properties’ senior executives are attending the three- day real-estate exhibition to promote the City’s unique investment opportunities to both global and regional developers, investors, as well as infrastructure and utilities providers.
Commenting on the company’s participation in the premier event, Al Shaibani said, “The completion of Tilal City’s infrastructure, as per the schedule we have set out from day 1, marks an important milestone as we continually seek to achieve our clients’ satisfaction through real estate developments that exceed their expectations in terms of distinction and affordable luxury, which enhances the Company’s position in the real estate market across the region.”
“The emirate’s first-of-its-kind development offers a unique opportunity to purchase land and build property within Sharjah’s first master-planned community development and provides promising opportunities for homeownership and purchasing land,” he added.

Once fully complete, Tilal City’s five zones, comprised of 1,850 land plots sprawling over 25 million-square-feet, will include office, retail, and mixed-use buildings. Additionally, a total gross leasing area of 115,982-square-metres will house “TILAL Mall”, a regional shopping center that will serve as the destination’s key retail facility.

Tilal City will also boast a wide range of facilities for residents such as education and community centers, as well as public amenities including parks, mosques, and schools. Buyers will have an opportunity to buy land plots in all zones including A, B, C and D which is planned to consist of buildings G+3, G+4, G+5 & G+1 villa, where the land plots are ready with complete infrastructure with a flexible payment plan up to 36 months. A total area of the project development’s 13 million-square-feet will be used for property sales and 12 million-square-feet is allocated for public facilities, roads, and parks.

Due to growing demand, Tilal Properties responded by offering ready buildings (G+4). Construction entered its final phase in Zone B, which is a residential zone that provides an energetic district for residents. In total, there are 382 apartment buildings within Zone B; 56 have retail units on the ground floor and the remaining 326 are apartment buildings without retail.

Zone A, which is preparing for construction, is a vibrant area that combines retail with residential apartments and consists of two distinctly different plot types. Zone A’s thirty-three G+3 buildings are currently being developed as a crescent, which overlooks the public park, adjacent to the planned Tilal Mall.

https://www.albawaba.com/business/pr/tilal-properties-provide-free-hold-facilities-arab-nationals-renewable-100-year-leasehol

CategoriesPress Release

Tilal City opens sales for Zone B and D in Sharjah

United Arab Emirates, Sharjah: Sharjah has approved a budget of Dh22 billion for the fiscal year with 24 percent dedicated to the development of infrastructure, a move that supports on-going programs, particularly – Tilal City. The monumental project will be featured at the Acres Real Estate Exhibition from March 21st to the 23rd at Expo Center Sharjah.

Spread over an area of 25 million square feet in Sharjah, Tilal City is located on the Emirates Road(E-611), close to Dubai which is been developed by Tilal Properties. Tilal Properties is a joint venture between the emirate’s investment arm, Sharjah Asset Management, and Eskan Real Estate Development.

Following the sale success of Zone, A, and C at Tilal City, Tilal Properties have announced the sales launch for Zone B and D at the mixed-use community in Sharjah., Tilal City comprises of 1850 land plots and is the first opportunity for all nationalities UAE residents to buy land and develop properties in Sharjah. Thus far, Zone A and C have been made available to buyers and have sold 80 and 85 percent, respectively. It is noted that the Emirati, GCC and Arab nationals, whereas also non-Arab resident expatriates which include SEVERAL ASIAN NATIONALITIES have bought land at the mixed-use community.

Reports suggest that the number of real estate properties owned by GCC and Arab nationals in Sharjah is due to the emirate’s safe reputation and lucrative opportunities available for investment. The buyers will have an opportunity to buy plots in all zones including A, B, C and D which comprise of buildings G+3, G+4, G+5 & G+1 villa, where the plots are ready with complete infrastructure with a flexible in-house payment plan up to 36 months and 10 years finance plan from Sharjah Islamic Bank.“Since the launch of Zone, A, and C, we have received a huge number of buyers for our mixed-use community. The demand exceeded our expectations, and we are confident that Zone B and D will witness a higher turnout, as investors are now fully aware of the potential features that the project offers. Investors will have an opportunity to pay the amount in intervals which will not only lower the commercial pressure but also guarantee the security of the project,” said KHALIFA SHAIBANI, DIRECTOR GENERAL of Tilal Properties.
Tilal City is divided into four major zones, consisting of neighborhoods and residential clusters, which will offer affordable homes for residents while including commercial, office and retail space. The residential developments will be surrounded by a fifth zone, which will contain a shopping mall, central recreational park, and a 5-star hotel. Of the development’s total area, 13 million square feet will be used for property sales and 12 million square feet is set for public facilities, roads, and parks.

https://lookup.ae/news/10627/tilal-city-opens-sales-for-zone-b-and-d-in-sharjah

CategoriesExhibitions

Tilal City exhibited at Acres 2018 in Sharjah


SHARJAH: Sharjah has approved a budget of Dhs22 billion for the fiscal year with 24 percent dedicated to the development of infrastructure, a move that supports on-going programmes, particularly -Tilal City.

The monumental project exhibited during the recently concluded Acres Real Estate Exhibition at Expo Center Sharjah. Spread over an area of 25 million square feet in Sharjah, Tilal City is located on the Emirates Road(E-611), close to Dubai which is been developed by Tilal Properties.

Tilal Properties is a joint venture between the emirate’s investment arm, Sharjah Asset Management, and Eskan Real Estate Development. Following the sale success of Zone, A, and C at Tilal City, Tilal Properties have announced the sales launch for Zone B and D at the mixed-use community in Sharjah. Tilal City comprises of 1850 land plots and is the first opportunity for all nationalities UAE residents to buy land and develop properties in Sharjah. Thus far, Zone A and C have been made available to buyers and have sold 80 and 85 percent, respectively. It is noted that the Emirati, GCC and Arab nationals, whereas also non-Arab resident expatriates which include several Asian nationalities have bought land at the mixed-use community. Reports suggest that the number of real estate properties owned by GCC and Arab nationals in Sharjah is due to the emirate’s safe reputation and lucrative opportunities available for investment. The buyers will have an opportunity to buy plots in all zones including A, B, C and D which comprise of buildings G+3, G+4, G+5 & G+1 villa, where the plots are ready with complete infrastructure with a flexible in-house payment plan up to 36 months and 10 years finance plan from Sharjah Islamic Bank. “Since the launch of Zone, A, and C, we have received a huge number of buyers for our mixed-use community.

The demand exceeded our expectations, and we are confident that Zone B and D will witness a higher turnout, as investors are now fully aware of the potential features that the project offers. Investors will have an opportunity to pay the amount in intervals which will not only lower the commercial pressure but also guarantee the security of the project,” said Khalifa Shaibani, Director General, Tilal Properties. Tilal City is divided into four major zones, consisting of neighborhoods and residential clusters, which will offer affordable homes for residents while including commercial, office and retail space. The residential developments will be surrounded by a fifth zone, which will contain a shopping mall, central recreational park, and a 5-star hotel. Of the development’s total area, 13 million square feet will be used for property sales and 12 million square feet are set for public facilities, roads, and parks. Image(s) text: Tilal City comprises 1,850 land plots and is the first opportunity for all UAE nationalities to buy land and develop properties in Sharjah.

https://www.sharjah24.ae/en/sharjah/178846/Tilal-Properties-to-participate-in-6th-ACRES-Real-Estate-Exhib

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