Finance options facilitated by Sharjah Islamic Bank

Sharjah, 14 February 2015: Asas Real Estate, the property arm of Sharjah Islamic Bank, is to begin today (Sunday) selling residential plots in the 14 million square feet Al Tai Residential Neighborhood owned by United Investment.

Competitive prices of the lots start from Dh75 to Dh90 per square foot, depending on the size of the land and its location with project master plan.

Located in the prominent district near Emirates and Mleiha Roads in Sharjah, Al Tai Residential Neighbourhood offers buyers different purchase options of residential plots estimated at 10,000 square foot area per land, and Sharia-compliant finance options by Sharjah Islamic Bank with long repayment and flexible terms, profit rates, and non-salary transfer convenient instalments.

Finance options aim at attracting investments to the vital project and providing investors with good profitable margins. 

Asas Real Estate said development of project infrastructure began last December, with land levelling works completed and road and asphalt works underway, in conjunction with the start of sales operations.

Asas Real Estate welcomes prospective buyers at its Sharjah-based headquarters in Mleiha Road, where they can view project masteplan and maps including land allocations and their sizes, and enquire from the specialized teams on technical details and project features.

Buyers who can't attend in person can contact Asas Real Estate on phone numbers: 06-5999765 and 06-5998221, or can enquire about Sharjah Islamic Bank's finance options through their bank services on phone Number: 06-5999999.

Asas Real Estate said the UAE's property sector is one of the most successful in the country and it appeals to investors due to its high returns and limited risks. The UAE is one of the world's most secure countries and its citizens enjoy one of the highest income per capita, making investments in the real estate sector an all-time successful option.

Asas Real Estate operations focus on investment in the property sector, specifically major development projects, and offer buyers investment opportunities with high returns that match the speedy growth of the sector in the UAE.

Asas Real Estate is a subsidiary of Sharjah Islamic Bank which offers the company a variety of attractive Sharia-compliant options for its diversity of property and investments projects.

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© Press Release 2015