Tilal Properties Will Showcase Leading Flagship Projects at ACRES Middle East 2017

Monday 20 March 2017

Sharjah - MENA Herald: Tilal Properties, a leading Sharjah-based real estate developer and the first to develop freehold and leasehold properties in the emirate, is exhibiting all its new and upcoming projects at the three-day ACRES Middle East Investment Real Estate Exhibition and Conference (ACRES Middle East 2017), running from 21 to 23 March in Sharjah Expo Centre.

Held under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, ACRES Middle East is one of the region’s leading platforms for developers, investors, businessmen and professionals in the real estate sector, who het together under one roof, expand their networks, and showcase their projects and services.

Through their participation, Tilal Properties will get visiting investors and prospective buyers up to speed on three crucial developments of their various mixed-used community development projects. These will include sharing information on the successfully delivery of Tilal City’s Zones A and C in December 2016; updates on the progress made on the construction of Zones B and D, which will be handed over to respective buyers upon completion in December 2017.
One of their participation highlights will include a formal unveiling of the designs of the 25 million sqft ‘Tilal City’ featuring the ‘Tilal Mall’, which will be Sharjah's largest commercial and retail destination upon completion.

They will also throw light upon their tie-up with Sharjah Islamic Bank (SIB), which is fully financing Tilal City. This is a strategic step in order to offer prospective investors practical and attractive financing plans for their purchases, enabling dynamic long-term financial benefits.

“Sharjah’s real estate market is one of the fastest growing in the UAE, and offers rewarding opportunities. Through our participation at Acres Middle East Exhibition 2017, we will showcase and promote our two leading assets, Tilal City – the first-of-its-kind freehold project in the emirate, and Tilal Mall – set to become Sharjah’s largest retail and commercial space,” said Khalifa Al Shaibani, Director of Tilal Properties.

"Sharjah enjoys a reputation of being investment-friendly, a quality that has been attracting big investors from the UAE, GCC countries, South Asia and the rest of the world. Tilal Properties is taking this up a notch by providing international investors for the first time ever, 100% freehold ownership for 100 years. And this is just one of Tilal Properties’ many incentives and attractions. Our integrated services, sophisticated infrastructure, premium quality finish, and strategic location are second to none. In ACRES Middle East we have found a prestigious platform, and we believe our participation will bear positive results," he added.

Tilal City, the first-of-its-kind mixed-use community in Sharjah, includes residential, commercial, recreational, educational, retail and community facilities, plus 1,855 land plots. Strategically located on the Emirates Road (E611) in Sharjah, the AED 2.4 billion development is only 10 minutes away from the Sharjah International Airport, and within convenient commuting distance to nearby emirates, with Dubai only 2 km away.

Scheduled for construction in mid-2017 with an official opening schedule for 2019, the AED1 billion Tilal Mall will stretch across an area of 2 million square feet. It will host a range of retail outlets, including exclusive high-end brands, a multi-screen cinema, family entertainment centres, and a variety of culinary offerings. It will be home to a 65-hectare park and a giant hypermarket that will offer all requirements for residents and visitors to Tilal City, in addition to a medical clinic and pharmacy.

In line with its ambitious and far-reaching strategy to expand its investment portfolio, Tilal Properties plans to develop a number of high-end real estate projects in Sharjah, to help drive the emirate's dynamic progress and urban boom achieved by Sharjah under the directives of His Highness Dr Sheikh Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah.

Organised by the Sharjah Chamber of Commerce and Industry (SCCI), the Sharjah Real Estate Registration Directorate (SRERD), the Sharjah Directorate of Town Planning and Survey (SDTPS), the ACRES Middle East 2017 exhibition features a series of workshops, seminars, lectures and training programmes enhancing itself as a perfect hub to promote Private sector investment opportunities in Sharjah. The exhibition is also operational instrument to boost the real estate market and build a strong economy in Sharjah, which achieved remarkable progress in its developmental plans.

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