Sharjah - Sharjah’s real estate market is a popular choice for affordable living in the UAE. It has emerged as a strategic investment destination with a series of large project launches and government initiatives. Tilal City is one such project that sets the benchmark for all other projects to come in Sharjah. Tilal Properties is a joint venture between the emirate’s investment arm, Sharjah Asset Management, and Eskan Real Estate Development. The monumental project was featured at the Acres Real Estate Exhibition from March 21st to the 23rd at Expo Center Sharjah.

Tilal City is a city of five zones and comprises of 1,850 land plots, combined with a regional mall “TILAL MALL”, parks, education and community facilities. 100-year leaseholds are available, for the first time, to UAE residents (Non Arabs). All Emiratis & Arab National can purchase land at Tilal City on a freehold basis. 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 master planned community. The residential offerings will be buildings, townhouses, as well as detached and semi-detached villas.

The Project will include office, Retail & Mixed-use buildings. Also a total gross leasing area 115,982-square-metre shopping mall will serve as the destination’s key retail facility. Tilal City will also boast a wide range of facilities for residents such as community centers as well as public amenities including mosques, & schools,. Buyers will have an opportunity to buy land plots​ ​​in all zones including A, B, C and D which is planned to comprise of buildings G+3, G+4, G+5 & G+1 villa, where the land plots are ready with complete infrastructure with a flexible payment plan up to 36 months. A total area of the project development’s, 13 million square feet will be used for property sales and 12 million square feet is set for public facilities, roads and parks.

Due to growing demand, Tilal Properties was able to respond by offering ready buildings (G+4). Reaching its final phase of construction, in zone B which is a residential zone in Tilal that provides an energetic district for residents. In total, there are 380 apartment buildings within Zone B; 56 have retail units on the ground floor and the remaining 326 are apartment buildings without retail. Located at the northern side of the development, Zone B features residential apartments, parks a mosque and a community center. It is connected through a pedestrian network of green corridors and ‘sikkas’ and has retail units on its property.

In zone A Tilal Properties is in the process of developing 33 G+3 buildings. It is designed as a crescent which overlooks the public park, adjacent to the Mall. The zone has a vibrant area which combines retail with residential apartments. It consists of two different plot types. There are 251 apartment buildings within Zone A and a further 45 buildings offering terraced retail and apartments.

Khatib and Alami are the designers of the buildings. K&A are also the master plan consultant which designed the whole TILAL City that provide people with the lifestyle they desire. They follow the latest trends to improve people’s lifestyles, creating residential spaces with sustainable solutions at their core.

“Sharjah’s real estate market has a long of growth potential. Tilal City is a reflection of the evolving nature of UAE’s real estate with elegant, welcoming and comfortable environment. Due to the high demand and positive feedback, we were able to complete several buildings in zone B and expand the construction to zone A. Tilal City showcases a healthy environment, supported by a commercial hub in residential area, from commercial and residential plots of different size and rise. A place that will promote a luxurious living,” said by Mr Khalifa Shaibani – Director General of Tilal Properties.

Spread over an area of 25 million square feet in Sharjah, Tilal City worth AED 2.4 billion is located off Emirates Road, close to Dubai and has been developed by Tilal Properties. The development will be home to around 65,000 residents.

© Press Release 2018