SHARJAH: The 7th edition of the Real Estate Investment Exhibition (ACRES 2020) is currently underway at the Expo Centre Sharjah amid huge turnout of visitors from around the globe to learn more about the distinguished real estate projects in accordance with the latest technologies and the up-to-date real estate designs. Held under the patronage of Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, ACRES 2020 is featuring great offers and deals from over 40 local and international real estate companies and developers with various facilities and flexible payment methods. The first two days of the event was marked by signing many real estate deals, thanks to the diversity of investment choices and financing facilities offered by the participating real estate companies. On the sidelines of the event, Tilal Properties, the leading real estate development, and investment company and the premier developer of Tilal City, and the Victoria International School signed an agreement, under which Tilal Properties will grant the Sharjah-based school two plots of land at its flagship project Tilal City. The agreement stems from the Tilal Properties’ plans and strategies to strengthen corporate social responsibility by accelerating educational development. Khalifa Al Shaibani, Director-General of Tilal Properties is offering two plots of land spanning 600,000 sq ft as part of its corporate social programmed.” Agencies
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.
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.
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.
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.