Tilal City's Phase One land slots have sold out

Khalifa Al Shaibani: "Tilal City aligns with Sharjah's vision to create a stable and sustainable real estate sector"

Sharjah, April 20, 2017,

The residential properties from Sharjah’s pioneering freehold real estate company proved to be of the main draws at the 11th edition of Cityscape Abu Dhabi, which was held at the Abu Dhabi Exhibition Centre from April 18-20. Tilal Properties - the first company to develop properties with freehold and leasehold policies in the UAE’s third largest emirate - struck a chord with investors at the three-day show keen to look for new opportunities outside of the  traditional property investment areas in the UAE.

Tilal Properties, which is developing Tilal City - Sharjah’s largest unique mixed-use community - boosted investors’ confidence in Sharjah’s real estate sector after fulfilling its commitments and delivering zones A and C of its flagship project to investors on time in December 2016. The developer has attracted an increasing number of investors to its portfolio of products thanks in part to its 100-year leasehold properties that enable buyers to pass on their investments to following generations.

“Tilal properties’ participation in Cityscape Abu Dhabi was aimed at highlighting what has been achieved in Tilal City and showcasing its vision for real estate investment opportunities that offer promising returns. We also wanted to gain an insight into investors’ aspirations and expectations, especially after registering 100 per cent sales in zones A and C, with properties in the second phase’s zones B and D currently available,” said Khalifa Al Shaibani, Director of Tilal Properties.

“The Emirate of Sharjah prides itself on being a family destination and its strong and modern real estate investment legislation has increased demand for Sharjah real estate and encouraged Arab and foreign investors to establish themselves as stakeholders in the emirate’s burgeoning property market. Tilal Properties is committed to Sharjah’s vision of being the region’s most family-friendly city and to its economic goal of creating a long-term sustainable real estate economy,” he added. 

“Reliability and the delivery of tangible results are Tilal Properties’ core philosophies to ensure the confidence of investors and to imbue them with a sense of security. Such methods lead to a strong investment environment that is in alignment with Sharjah’s vision to establish a stable and sustainable real estate sector governed by fair and transparent regulations. The latest real estate legislation that has been enacted in the emirate has contributed significantly to this environment by allowing international property purchasers to invest in 100-year leasehold properties,” he added.   

Featuring 1,855 land slots, the 25 million square feet Tilal City project will house more than 65,000 people. Strategically located only 10-minutes’ drive from Sharjah International Airport and just two kilometres from Dubai, the AED 2.4 billion mixed-use development will feature 673 villas and townhouses, as well as 1,062 three, four and five storey buildings.

“Tilal City is located on the Emirates Road to take advantage of Sharjah’s strategic location between Dubai, Abu Dhabi and the Northern emirates. To facilitate traffic and access to the location, Tilal Properties actively collaborates with local and federal directorates to ensure the provision of a high quality road network,” Al Shaibani emphasised.

“Tilal City’s outstanding features include the development of a strong infrastructure, which includes advanced road and transport networks in the locality, as well as a modern electrical grid, water network and drainage system. This system will be able to service its 25 million square feet public facilities, parks, roads and other services,” he added.

Al Shaibani noted that Tilal Properties is keen to establish long-term relations with investors, which extend as strategic partnerships in real estate designing, marketing and funding. He pointed out that in line with Sharjah’s vision to establish Tilal City as a modern Arab city; Sharjah approved the external designs of buildings and facilities in a bid to maintain the emirate’s unique attractions.

“We are collaborating with Sharjah’s entities relevant to the real estate sector, including the Sharjah Real Estate Registration Department, the Directorate of Town Planning and Survey and the Sharjah City Municipality, as well as investors, to ensure quality progress and the abidance of legal agreements set with agents and customers,” he noted.

The AED 1.2 billion Tilal Mall will host a range of luxurious retail selections, including exclusive high-end brands, a multi-screen cinema, family entertainment centres, a selection of culinary outlets, a 65-hectare recreational park, a hypermarket, a medical clinic and a pharmacy.

Cityscape Abu Dhabi hosted 100 local and international real estate exhibitors and featured the Cityscape Abu Dhabi Conference, which organised a number of discussion panels on the region’s real estate landscape conducted by a host of expert speakers and presenters. Among other issues, the conference addressed the latest methods to pinpoint investment opportunities in the UAE.

For more information about Tilal City project, please log onto the official website of Tilal Properties: http://tilaluae.com/projects/tilal-city/.


For further information contact:
Mousa Nimer
Senior Account Manager
National Networking Communications (NNC)
+971 50 222 0561

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 2017