Tilal Properties LLC is a real estate development company based in Sharjah, United Arab Emirates. The business is a joint venture between Eskan Real Estate Development LLC and Sharjah Asset Management. Tilal Properties aims to develop and manage real estate projects in Sharjah, with a focus on creating sustainable communities and neighborhoods.
Some key points to note about Tilal Properties and their projects include:
- Tilal City: This is a master-planned community developed by Tilal Properties and ARADA, located in Sharjah.
- Sustainability: Tilal Properties commits to creating sustainable communities and neighborhoods that are environmentally friendly and socially responsible.
- Infrastructure: Sharjah has experienced significant development in recent years, with a robust infrastructure in place. Tilal Properties aims to build on this infrastructure and create a legacy that provides an inspiring future for residents and investors alike.
Tilal Properties is a significant force in Sharjah’s real estate development market, specializing in building socially and ecologically conscious neighborhoods and sustainable communities.
Overview of Tilal Properties
Sharjah Asset Management and Eskan Real Estate Development LLC are partners in Tilal Properties. In addition to being the top developer of freehold projects and residential complexes in the Emirate of Sharjah, it is one of the top real estate development and investment firms in the United Arab Emirates.
Founding and Vision
Tilal Properties was founded in the developmental boom of Sharjah with the vision of building a legacy that provides an inspiring future for the residents and investors. The company aims to develop a series of real estate projects that meet the highest international standards while contributing to the sustainable development of the Emirate of Sharjah.
Khalifa Al Shaibani’s Role
Khalifa Al Shaibani is the Director General of Sharjah Asset Management, one of the partners in Tilal Properties. He plays a crucial role in the development and management of real estate projects in the Emirate of Sharjah. Under his leadership, Tilal Properties has significantly aided the expansion and development of the local real estate market.
Some key points about Tilal Properties and its founding and vision:
- Premier developer of residential complexes and freehold projects in the Emirate of Sharjah; joint venture between Eskan Real Estate Development LLC and Sharjah Asset Management; leading real estate development and investment firm in the UAE
- Founded in the developmental boom of Sharjah with the vision of building a legacy that provides an inspiring future for the residents and investors
- Aims to develop a series of real estate projects according to the highest international standards
- Contributes to the sustainable development of the Emirate of Sharjah
Khalifa Al Shaibani’s role:
- Director General of Sharjah Asset Management
- Plays a crucial role in the development and management of real estate projects in the Emirate of Sharjah
- Under his leadership, Tilal Properties has significantly aided the expansion and development of the local real estate market.
Tilal City Development
In Sharjah, United Arab Emirates, Tilal Properties LLC is in charge of the mixed-use Tilal City project. Sixty-five thousand people are expected to live in the approximately 25 million square foot complex, of which 48 percent is devoted to parks, schools, and community amenities.
Infrastructure and Planning
Tilal City’s infrastructure is thoroughly prepared, and the landowner presents a unique chance for investors to buy, rent, or develop real estate inside the emirate. The development includes 1447 land plots, with 48% of the land allocated for parks and education & community facilities. Community facilities include several mosques, schools, nurseries, community centers, and Tilal Mall, one of the largest malls in Sharjah.
Residential and Commercial Spaces
Tilal City’s residential and commercial spaces are divided into different zones, with Zone A and B being residential zones and Zone C being commercial zones. The recreational buildings included in the development make it a delightful place for investors to put their hard-earned money. The different zones ensure that the development caters to the needs of all residents and investors.
Some of the features of the residential and commercial spaces in Tilal City include:
- Mixed-use plots are available for investors to purchase or lease
- Different zones catering to the needs of all residents and investors
- Parks, education, and community facilities are in the development
- Leisure structures such as Tilal Mall, one of the largest malls in Sharjah
The development caters to the needs of all residents and investors, with different zones for residential and commercial spaces, parks, education, and community facilities.
Investment Opportunities
In the Emirate of Sharjah, Tilal Properties LLC is a leading master developer of freehold developments and residential complexes. The company offers unique investment opportunities for investors and buyers to purchase land for residential and commercial purposes in the Emirate. Here are some of the investment opportunities available at Tilal Properties:
Freehold Investment Benefits
In Sharjah, Tilal City is a first-of-its-kind mixed-use development that provides a rare chance to buy land and construct real estate inside the emirate. Benefits of investing in freehold include:
- The right to own and sell the property without any restrictions
- The right to lease the property to others for rental income
- The right to renovate or modify the property as per the owner’s preference
Market Trends and ROI
Tilal Properties investment in UAE gives investors and buyers a unique opportunity to purchase land for residential and commercial purposes in the Emirate. The market trends and ROI include:
- With its robust infrastructure, efficient processes, and consistently good, consistent, and efficient services, the Emirate of Sharjah is a place that attracts a lot of foreign investors.
- Security, variety, and prosperity characterize Sharjah’s business environment, which is supported by significant market prospects and a strong return on investment.
- Investing in residential building plots is a compelling investment proposition as one can expect a stable and steady ROI over the long term.
In conclusion, Tilal Properties LLC offers a unique investment opportunity for investors and buyers to purchase land for residential and commercial purposes in the Emirate of Sharjah.
Legislation and Ownership
Real Estate Laws in Sharjah
Sharjah has a developed legislative framework that regulates real estate transactions. Sharjah’s attractiveness as an investment destination is partly due to its legal framework, which provides a secure atmosphere for real estate investors. In order to increase skill and competence in the UAE and eventually boost demand for real estate, the government has passed rules. As a result, there is now more demand for Sharjah real estate.
A significant participant in the Sharjah real estate market is Tilal Properties, a joint venture between Eskan Real Estate Development LLC and the government’s Sharjah Asset Management. By offering upscale, delectable investing options, the organization has been striving to foster growth and assist Sharjah’s investment industry.
Ownership Rights for Foreign Investors
Foreign investors can own property in Sharjah, but they must do so through a freehold project. Tilal Properties provides freehold facilities for Emiratis, GCC citizens, and all Arab nationals to purchase land on a freehold basis at the Tilal City development. This has made it easier for foreign investors to invest in Sharjah’s real estate market.
Here are some key points to note about ownership rights for foreign investors in Sharjah:
- Foreign investors can only own property in Sharjah through a freehold project.
- Tilal Properties provides freehold facilities for Emiratis, GCC citizens, and all Arab nationals to purchase land on a freehold basis at the Tilal City development.
- The ownership rights for foreign investors are limited to the duration of the leasehold agreement.
- Foreign investors can lease their property to others, but they cannot sell it without the permission of the government.
Community and Lifestyle
Tilal Properties offers a unique and harmonious lifestyle that emphasizes sustainability, community, and a diverse range of residential offerings. The community is designed to provide residents with a premium lifestyle, making it an ideal place to call home.
Amenities and Facilities
- Gated community with 24/7 security
- Smart home technology
- Community center
- Swimming pools
- Parks and playgrounds
- Gym and fitness center
- Retail outlets and restaurants
Sustainability and Security
Tilal Properties are designed to be sustainable and environmentally friendly. The community has several initiatives in place to reduce its carbon footprint and promote sustainability. Some of these initiatives include:
- Solar panels to generate electricity
- Water conservation measures
- Recycling programs
- Green spaces and parks
The community also has a strong focus on security, with 24/7 security patrols and CCTV cameras installed throughout the community. This provides residents with peace of mind and ensures that the community remains safe and secure.
Dubai MLS
Dubai MLS remains a critical tool for real estate professionals, guiding them through active brokerages, assisting them in connecting with potential clients, and expanding their professional networks. The platform provides various opportunities. Explore its services and position yourself for success by joining Dubai MLS.
Frequently Asked Questions
What are the current land prices in Tilal City, Sharjah?
- As of March 2024, the starting price for a residential plot in Tilal City is AED 300,000.
- For more information on current land prices, interested parties can contact Tilal Properties directly.
Can international investors purchase freehold plots in Tilal City?
- Yes, international investors can purchase freehold plots in Tilal City, Sharjah.
- The Sharjah Real Estate Registration Department has approved the sale of freehold plots to non-UAE nationals.
- Interested parties should contact Tilal Properties for more information on the process of purchasing freehold plots.
What are the reviews for residential properties by Tilal Properties?
- Tilal Properties has received positive reviews from residents and investors for their well-maintained properties and professional management services.
- Residents have praised the company’s prompt response to maintenance requests and their commitment to providing a comfortable living environment.
- Interested parties can visit Tilal Properties’ website or contact them directly for more information on their residential properties.
Who is the current chairman of Tilal Properties?
- The current chairman of Tilal Properties is Sheikh Sultan bin Ahmed Al Qasimi.
- Sheikh Sultan bin Ahmed Al Qasimi is a member of the ruling family of Sharjah and has extensive experience in the real estate industry.
How can I contact Tilal Properties for inquiries about property in Sharjah?
- Interested parties can contact Tilal Properties through their website or by phone.
- The company’s website provides a contact form for inquiries and a list of their office locations and phone numbers.
- Interested parties can also follow Tilal Properties on social media for updates and news.
What types of properties are available for sale in Tilal City?
- Tilal City offers a variety of residential and commercial properties for sale, including villas, townhouses, and apartments.
- The properties range in size and price, catering to different budgets and preferences.
- Interested parties can visit Tilal Properties’ website or contact them directly for more information on the types of properties available for sale.
