
Thanks to the balanced and farsighted policies of Sharjah's leadership, the Emirate continues to witness an unprecedented boom in various sectors, including the real estate sector. This sector managed to gain the confidence of investors over the past years, representing a safety valve for the market, said HE Khalifa Al Shaibani, Director General of Tilal Properties, Director General of United Investment and Director General of Basma Group.
Thanks to the balanced and farsighted policies of Sharjah's leadership, the Emirate continues to witness an unprecedented boom in various sectors, including the real estate sector. This sector managed to gain the confidence of investors over the past years, representing a safety valve for the market, said HE Khalifa Al Shaibani, Director General of Tilal Properties, Director General of United Investment and Director General of Basma Group.
Commenting on the various big-ticket real estate projects unveiled by the Emirate, including by Tilal Properties and Sharjah Holding, recently, Al Shaibani said: Thanks to the wise leadership of HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the follow-up of HH Sheikh Sultan bin Muhammad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Sharjah has been witnessing a boom in various sectors, including the real estate sector. This sector managed to gain the confidence of investors over the past years, representing a safety valve for the market. Sharjah's real estate market had been the least affected by the economic crisis that hit the world a few years ago for many reasons, including the balance of supply and demand and the confidence of investors in Sharjah's market, as well as market prices, which managed to remain within a reasonable range.
He said that the real estate market in Sharjah is among the most stable in the region, thanks to the confidence of investors, the valuable opportunities it offers, the laws that regulate it, and Sharjah's modern infrastructure and prestigious international status.
Legal Safeguards for Buyer and Seller
Lauding the adequate legal protection that protect both the seller and buyer, he said, There is no doubt that laws regulate the real estate market and guarantee the rights of all the parties involved, including developers and investors. The Sharjah Executive Council recently issued a resolution that allows foreign investors the right to own properties in Sharjah for up to 100 years. Fortunately, this resolution came into effect with the launch of Tilal City project, which was welcomed by investors and heralded the beginning of a new era in the future of Sharjah's promising real estate sector.
Tilal Properties
Talking about Tilal Properties, he said it was launched in November 2014 as a joint venture between Sharjah Asset Management and Eskan Real Estate Development LLC. One of its first project was the flagship Tilal City. Tilal Properties took upon itself to develop quality projects in the Emirate. Covering an area of 25 million square feet along Emirates Road, Tilal City is the first model community of its kind in Sharjah. It is also the first development available on a 100-year leasehold basis for all nationalities.
Upcoming Projects
Speaking about the upcoming projects in Sharjah, he said Tilal Properties will soon unveil Tilal Mall project, the first of its kind in Sharjah. The consultant has been selected and the designs finalised. The project will constitute a leap in the retail market and cater to the shopping needs of residents in Tilal City and neighboring areas in particular and in Sharjah and neighbouring Emirates in general, he said.
Talking about the Sharjah Expo Hotel, he said the necessary designs have been completed and approvals obtained. On-site work will commence within the next three months to result in an architectural masterpiece and a new hotel stay experience for both business and leisure guests. Thanks to its strategic location, Sharjah Expo Hotel is set to serve business executives visiting the various exhibitions held at Expo Centre Sharjah, as well as guests of the Chamber of Commerce and Industry, which is a strategic partner in the project, he added.
The Majlis Grand Mercure Sharjah Resort and Spa is also seeing final touches being put on its architectural designs and construction is scheduled to begin in the third quarter of this year. The project is expected to result in a tourist attraction and a unique hotel stay experience by the sea.
Sharjah Holding
Sharjah Holding is another landmark initiative which came about as a strategic partnership between the Government of Sharjah and Majid Al Futtaim Properties. The desire was to create a new community focussed real estate developer that could combine the leadership's bold vision of a modern Sharjah with the technical and market know-how required to make this a reality. This mission has already started to bear fruit with the launch of Matajer, the neighbourhood retail concept, and Al Zahia, an integrated residential community in the heart of new Sharjah.
Matajer, the Neighbourhood Shopping Centre
Matajer is a neighbourhood shopping centre concept that brings high quality retail brands and services to your community. Anchored by a leading supermarket chain, and featuring a range of high quality retail and food and beverage brands, Matajer brings the design, quality and ambiance that consumers have come to expect from the Majid Al Futtaim shopping malls to local communities. Sharjah Holding values its relationship with retailers and seeks to ensure long term success for all parties. First Matajer opened at Al Quoz in September 2011 and many more Matajer centres are coming up.
Al Zahia Community
Al Zahia is an integrated mixed-use community, featuring a range of villas, apartments and commercial
Most recent headlines
13/03/2025
TAG Video Systems and Harmonic Partner to Deliver Enhanced Real-Time Monitoring ...
13/03/2025
DigitalGlue Invites NAB Visitors to Experience New Features in Managed Storage P...
13/03/2025
FOR-A America Theme - Connecting the Present, Building the Future - Comes to Lif...
13/03/2025
CTIA, the wireless industry association, has named former FCC Chairman Aji Pai as its President and Chief Executive Officer, effective April 1. He replaces Mere...
13/03/2025
he National Association of Broadcasters is urging the FCC to end its investigation of that controversial CBS interview with Kamala Harris stating there is no ...
13/03/2025
MIAMI CBS News & Stations continues to expand its use of augmented and virtual reality technologies with the planned launch of an augmented reality/virtual real...
13/03/2025
Srividhya Srinivasan, co-founder and chief customer success & innovation Officer at Amagi, tells TVBEurope how staying ahead of the latest trends is essential f...
13/03/2025
WASHINGTON FCC Chairman Brendan Carr announced that the agency has launched a massive, new deregulatory initiative that could potentially subject virtually all ...
13/03/2025
SUNNYVALE, Calif. SDVI has announced that it has integrated its Rally media supply chain management platform with the Spectra Vail multi-cloud data management s...
13/03/2025
ATLANTA Gray Media has announced that the Federal Communications Commission (FCC) has granted a waiver of its local ownership rules to permit Gray Media to acqu...
13/03/2025
TV Tech: What do you anticipate will be the most significant technology trends at the 2025 NAB Show?...
13/03/2025
Watch Student Naomi Soleils Folk Pop Performance on The Voice The songwriting major sang Stars by Grace Potter and the Nocturnals during the blind auditions.
...
13/03/2025
Here is your host, Patrick Kielty!
Shake your Shamrocks, Patrick Kielty will be...
13/03/2025
This St. Patrick's weekend, RT invites you to celebrate all things Irish, showcasing the very best of Irish sport, entertainment and live coverage from the...
13/03/2025
What's next in AI is at GTC 2025. Not only the technology, but the people and ideas that are pushing AI forward - creating new opportunities, novel solution...
13/03/2025
Facebook
Twitter
LinkedIn
By combining T-Mobile's robust network, Thal...
13/03/2025
Bundle up - GeForce NOW is bringing a flurry of Blizzard titles to its ever-expanding library.
Prepare to weather epic gameplay in the cloud, tackling the genr...
13/03/2025
AI is leveling up the world's most beloved games, as the latest advancements...
13/03/2025
PC game modding is massive, with over 5 billion mods downloaded annually. Mods p...
12/03/2025
O Spotify acaba de lan ar o relat rio Loud & Clear deste ano, uma vis o transpar...
12/03/2025
Spotify acaba de presentar el informe Loud & Clear de este a o, una mirada trans...
12/03/2025
Ramadan, a period of profound spiritual significance for Muslims worldwide, is a time for fasting, prayer, reflection, and community. Enrich your experience thi...
12/03/2025
Spotify has just unveiled this year's Loud & Clear report, a transparent loo...
12/03/2025
More than 70% of FAST programming has been produced since 2010, according to new Gracenote report
NEW YORK March 12, 2025 Gracenote, the content data busin...
12/03/2025
GEONA, Nev. Independent digital and linear advertising rep firm Viamedia will adopt cloud-based ShowSeeker Pilot as its primary ad campaign and order management...
12/03/2025
BRUSSELS Mediagenix has announced that Wael Yasin has joined the company as sales director Central Europe....
12/03/2025
LONDON A new study highlights opportunities for shoppable TV and the massive impact online consumer spending is having on the economy, with Omdia predicting tha...
12/03/2025
CUPERTINO, Calif. Interra Systems has announced that Comcast Technology Solutions has integrated recent updates to BATON Version 9 into its operations....
12/03/2025
Nevion announces new 400G addition to its eMerge SDN media fabric offering
Brie Clayton March 12, 2025
0 Comments
High-capacity switch enhances existi...
12/03/2025
DaVinci Resolve Studio Delivers Cinematic Sound for Adam Bol
Brie Clayton March 12, 2025
0 Comments
Feature film relies on DaVinci Resolve Studio for ...
12/03/2025
SVT Leverages Ateliere Live to Pioneer 100% Software-Defined Production at Rally...
12/03/2025
Berklee Awards Fenway Neighborhood Improvement Grant to Four Organizations A total of $17,000 will be distributed among the Boston-based nonprofits.
By
Madd...
12/03/2025
TVBEuropes Jenny Priestley sits down with new SMPTE president Richard Welsh to discuss his aims for the organisation going forward, its efforts to attract a you...
12/03/2025
The new process has significantly enhanced operational efficiencies, with automation freeing up creators to concentrate on higher value tasks
By Matthew Corrig...
12/03/2025
Jellyfish Pictures, which has offices in London and Sheffield, said it has been battling hard in the face of strong headwinds over the last 12 months
By Jenny ...
12/03/2025
Visit Booth #W2213 to Experience the Latest in AI-Driven Content Discovery and Workflow Automation
Bitcentral, a leader in media workflow solutions, is set to ...
12/03/2025
CHICAGO Jeff Lilly has been named WGN-TV director of technology effective March 17, 2025, according to Ric Harris, WGN-TV vice president and general manager....
12/03/2025
MOUNTAIN VIEW, Calif. A new study from LG Ad Solutions indicates that consumers want more features that would allow them to shop for products on the connected T...
12/03/2025
BOTHELL, Wash. The Alliance for IP Media Solutions (AIMS), Advanced Media Workflow Association (AMWA) and the Video Services Forum (VSF) will once again present...
12/03/2025
PHILADELPHIA Comcast announced that it has upgraded Xfinity Internet speeds for more than 20 million customers for no additional cost....
12/03/2025
Create with Maxon: Cinema 4D Fundamentals Workshop - March 12-14
Brie Clayton March 11, 2025
0 Comments
Makin' Waffles with Elly Wade
During Marc...
12/03/2025
Ottawa, Canada - March 12, 2025 - Ross Video is pleased to announce the appointment of Aaron Tunnell as Business Development Director, Cloud Solutions, reinforc...
12/03/2025
12 Mar 2025
VEON to release 4Q 2024 trading update on 20 March 2025 Dubai, 12 March 2025 - VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms ...
12/03/2025
Getting set for the Winter Olympics: Inside SVT's ongoing software-based pro...
12/03/2025
THE PLAYERS Championship 2025: AI Commentary, Shared-Reality Viewing at COSM, La...
12/03/2025
Seamless SMPTE 2110: A Discussion on Making the Move to IP Less Painful Leaders from Netflix, Monumental Sports & Entertainment, LinkedI, and Megapixel address ...
12/03/2025
Opening Doors of Perception: Meta's Ajit Ninan on Rethinking AR/MR Perceptua...
12/03/2025
With the 2025 Formula 1 season set to begin in Melbourne on March 16, Sky Sports is gearing up to deliver its most comprehensive F1 coverage yet. Following a th...
12/03/2025
Unicanal and Trece TV revolutionize Digital TV in Paraguay with Rohde & Schwarz ...
12/03/2025
Honoring Service, Celebrating Sport: Rohde & Schwarz UK Sponsors NavyFit Rugby D...