Attracts over 750 Potential Buyers to its stand at three-day Cityscape Jeddah

Sharjah, November 05, 2016: Tilal Properties has broken new ground in highlighting Sharjah’s fertile property market to Saudi Arabian investors through its successful participation at Citycape Jeddah 2016. As Sharjah’s only real estate developer at the event, Tilal showcased the emirate’s array of benefits to potential customers. The event concluded on Friday 4th November 2016.

“Cityscape Jeddah was an invaluable opportunity for Tilal showcase its flagship project, Tilal City and raise awareness among potential customers about the advantageous environment of Sharjah. The three-day show was the perfect platform for the company to meet Saudi and GCC investors, with the event generating over 750 leads for us. Our presence clearly indicated an optimistic forecast of Saudi investors seeking new investments in Sharjah,” said Khalifa Al Shaibani, Director General, Tilal Properties.

Tilal's participation at Cityscape Jeddah saw a large number of visitors at its stand keen to find out more about the varied investment options at Tilal City, ranging from residential, mixed-use and commercial buildings. Tilal City opens the Sharjah market to new investors. The project offers the benefits of a masterplanned community with the option to customize real estate investments to meet the owners’ profitability, long-term income generation and accommodation needs.

As the first-of-its-kind mixed-use community in Sharjah, Tilal City incorporates residential, commercial, recreational, educational, retail and community facilities. Strategically located on the Emirates Road in Sharjah, the AED 2.4 billion development is only 10-minute drive from Sharjah International Airport and two kms from Dubai.

Tilal City will host Tilal Mall, an AED 1 billion development scheduled to open in 2019. Spread over an area of two million square feet, the lifestyle and retail destination will host an array of upscale facilities, including retail outlets, a multi-screen cinema and a variety of restaurants and cafes. Once complete, the development will be the most expansive mall and commercial hub in Sharjah.

“Tilal was the only company at Cityscape Jeddah representing the lucrative property development environment of Sharjah and as such, was able to act as a standard bearer for the emirate. We were delighted to be able to engage with the visitors at the exhibition and assist them in exploring ways of entering the Sharjah market,” added Shaibani.

A joint venture between Sharjah Asset Management and Eskan Real Estate Development, Tilal Properties was established in 2014. The company has a focus on developing projects that blend state-of-the-art facilities and amenities incorporate global quality standards while contributing to the emirate’s community environment.

For leasing enquires for Tilal Mall, please contact 800-TILAL (84525) or 0097165560055 or info@tilaluae.com  

For further information contact:
Mousa Nimer
Senior Account Manager
National Networking Communications (NNC)
+971 50 737 6154
m.nimer@nncpr.com
 
About Tilal City
Tilal City is a new AED2 billion mixed use development located on Emirates Road (E611) in Sharjah. The project is the first of its kind in the emirate and offers a unique opportunity to purchase land and build property within Sharjah’s first masterplanned community.

Tilal City comprises 1,855 land plots, combined with parks, education and community facilities. 100-year leaseholds are available, for the first time, to UAE resident expats. GCC nationals and other Arab residents of the UAE can purchase land at Tilal City on freehold basis.

About Tilal Properties
Tilal Properties is a joint venture between Sharjah Asset Management and Eskan Real Estate Development LLC to focus on the establishment, development and management of real estate projects in Sharjah. The vision of Tilal Properties is founded in the developmental boom achieved by Sharjah under the directives of His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Tilal Properties plans to develop a series of high-quality real estate projects in Sharjah.

© Press Release 2016