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, participated in the seventh edition of the Real Estate Investment Exhibition, ACRES 2020 on March 5-7, 2020.
The company’s participation in this year’s edition of the leading real estate event was aimed at promoting the unique advantages provided by the company’s flagship project Tilal City, known as New Sharjah.
H.E. Khalifa Al Shaibani, Director-General of Tilal Properties said that the company’s stand at Acres 2020 provided a detailed description of Tilal City’s unique features that cater to the various needs of Gulf, Arab and foreign nationals.
“All Arab nationals and residents of the UAE can purchase land in Tilal City on a freehold basis, with leases available for up to 100 years, while non-Arabs don’t need to have a UAE residence visa to purchase property in the City,” he said, noting that Tilal Properties provides free-of-charge real estate consulting services at the hands of property experts for both end-users and investment seekers alike.
Al Shaibani underlined the importance of participating in Acres 2020, describing the event as the leading real estate platform of the Emirate of Sharjah where eminent and diverse real estate products are showcased to woo investors and major companies from different parts of the region.
“We are keen to participate every year in Acres due to its significant role in shedding extensive light on the latest developments in the property sector through in-depth panel discussions where thoughtful recommendations are provided to help stakeholders run and direct their projects in an efficient and successful manner,” Al Shaibani added.
He said that several end-users and those seeking to invest in real estate visited Tilal’s Stand at Acres 2020, to take advantage of the available offers and consultative services provided by the company during the exhibition.
“By visiting Tilal’s stand one has firsthand knowledge of the privileges and offers provided for Tilal City’s buyers,” he concluded.
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, Tilal City, known as New Sharjah, can accommodate about 65,000 inhabitants.
The master plan of the 25 million Sq.ft. City aims to develop a sustainable urban community spread over five key areas, including residential buildings, villas and homes with green spaces and corridors.
The landmark project 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.
Located on Emirates Road (E611), Tilal City is a few kilometers away from Sharjah International Airport and Sharjah Grand Mosque. The project represents an enviable connection point linking between Dubai and Northern emirates as the border of Sharjah-Dubai, and other popular hotspots are within 2 kilometers. At Tilal City, greenery will account for 48% of the project’s total land area.
The Freehold property in Tilal City is the first of its kind in the emirate and offers a unique opportunity within Sharjah’s first master-planned community. There are 1,447 land plots, combined with lush parks, education, and community facilities; thus, offering an exceptional investment.