Business & Money | Saturday 9 September, 2017 3:00 am |

Tilal Properties, the pioneering Sharjah-based real estate developer and first property developer to create freehold and leasehold properties in the emirate, will showcase a host of new opportunities for potential investors at Tilal City, during the 16th edition of the Cityscape Global exhibition in Dubai.

Tilal City, Tilal Properties’ flagship mixed-use property project, will confirm its status as the driving force behind Sharjah’s large-scale commercial and residential sector, by providing investors with a closer look at all the latest developments and announcements, scheduled to take place at the region’s most significant and influential real-estate event taking place from 11–13 September at the Dubai World Trade Centre.

 

The expo brings together some of the most important developers, investors, government representatives and international property entrepreneurs in the industry. As well as the 25 million square feet Tilal City, which will house more than 70,000 people, Tilal will also reveal the AED 1.2 billion Tilal Mall, the largest shopping destination and upscale commercial hub in the emirate, due to be officially inaugurated before the end of 2020.

Khalifa Al Shaibani, Director General of Tilal Properties, said that through participating in Cityscape Global – Dubai, the company will provide investors with invaluable insights into its latest developments. He stressed that the event is the perfect venue for displaying the progress and achievements that have been made so far, offering potential business partners all the information they need.

 

“We aim to highlight Tilal City’s features and advantages and unveil the latest details, which confirm our vision is on track to build a city which meets the highest international standards. We are building a modern integrated way of living and working,” he said.

“Tilal City, which is valued at AED 2.4 billion, is set for delivery before the end of December 2017. We have already registered 100% sales of Zone A and C and are currently working on completing infrastructure projects and developing 100% of the architecture plans for all four zones.”

Tilal Properties has continuously promoted Tilal City, plus its other developments and financial services in response to the ever-increasing levels of new and existing investment confidence in the project.

 

“After successfully handing over all the plots to our investors in zones A and C as scheduled, the project continues to gain traction as we are on the verge of handing over two new zones also on time. This reflects our corporate mission and vision to continuously promote Sharjah as a promising destination for property investors, especially as Tilal City is one of the largest mixed-used projects with freehold and leasehold opportunities,” Al Shaibani added.

Tilal Properties is expected to make a series of announcements during the event including updates on progress, investment opportunities and funding plans which align with the project’s key strategies.

 

Tilal City comprises 1,855 land plots, combined with parks, education and community facilities. One-hundred-year leaseholds are available, for the first time, to UAE non-Arab residents. All Arab nationals who are residents of the UAE can purchase land at Tilal City on freehold basis. It is strategically located on the Emirates Road, near Al Thaid intersection, only 10 kilometres from Sharjah International Airport and two kilometres from Dubai.

 

For more information about purchasing or investing in Tilal City, please call 800 Tilal (84525) or 0097165560055 or email: info@tilaluae.com.