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SHARJAH: 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 established a six-month promotional platform for its flagship project ‘Tilal City’ at the Sharjah Real Estate Registration Department.
The plan, which is developed by Tilal Properties, comes at a time the Emirate of Sharjah is witnessing a remarkable real estate boom. During H1-2019, a total of AED 14.7 billion in real estate transactions were conducted in a clear indication of the significantly continual growth witnessed by the property sector in the emirate and its ability to attract local, Arab and foreign investors.
According to the real estate transaction report developed recently by the Sharjah Real Estate Registration Department, a total of 27,588 real estate deals were conducted across the Emirate during the first six months of this year, with a total of over 24 million square feet of real estate traded during the mentioned period.
The platform fits within the leading real estate developer’s July to December (H2) promotional campaign for its multi-purpose mixed-use real estate development that offers a unique opportunity to purchase land for housing and investment purposes in a carefully planned and fully coordinated environment.
Mr. Ala’a Masoud, Head of Sales & Marketing at Tilal Properties has expressed his optimism about the ongoing promotion plan and marketing strategies launched for the second half of the year, which, he said, are based on maintaining direct communications with the public, while meeting market requirements and fulfilling the needs of various segments of society.
“The marketing plan is based on the prominent advantages provided by Tilal City, primarily strategic location; multiple and vast spaces; a robust and modern infrastructure; and availability of premium services across the city, which have made it one of the most attractive destinations for investors and end-users looking for homes for a lifetime," said Masoud.
The promotion platform is an efficient marketing tool for the flagship project that provides direct communications with developers, brokers, investors and real estate stakeholders visiting Sharjah Real Estate Registration Department, where they can have firsthand knowledge of the project’s updates and offers provided by Tilal Properties.
”Visitors of Sharjah Real Estate Registration Department represent the best potential real estate clients in Sharjah," said Masoud, noting that Tilal Properties will provide flexible payment plans (up to four years) in addition to exclusive discounts at the Tilal City where home-ownership is available for all nationalities.
A 25-million square-feet sustainable urban community spread over five key areas, including residential buildings, villas and homes with green spaces and corridors, Tilal City represents a multi-purpose mixed-use real estate development that offers a unique opportunity to purchase land for housing and investment purposes in a carefully planned and fully coordinated environment.
The AED2.4 billion project is Sharjah's first master-planned community that will host around 65,000 residents once completed.
Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, offers a range of exclusive plots in Tilal City at competitive prices starting from AED100 per sqft for land plots of 10,000 sqft. Flexible payment plans and land finance arrangements are provided to potential landowners in collaboration with Sharjah Islamic Bank.
The project’s Tilal Mall, upon completion, will be one of the largest fully-serviced business centres in the Emirate of Sharjah with an estimated gross area of two million square feet. Business owners will be able to make use of its prime location and advanced infrastructure.
A five-star hotel run by Hilton will be established at the city, where greenery will account for 48% of the project’s total land area.
Located on Emirates Road (E611), with Sharjah International Airport, and Sharjah Grand Mosque a few kilometres away, and the border of Dubai, including other hotspots, within 2km, Tilal City represents an enviable connection point linking between Dubai and northern emirates.
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