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Kuwait's IFA Hotels Unveils $953 Million Real Estate Project in Sharjah

Kuwait Real Estate Company (Aqarat) and IFA Hotels and Resorts have announced a new project to change Sharjah's property scene.

The name of this highly ambitious project is “Al Tay Hills”. This project costs AED3.5 billion ($952.9 million) and aims to become a standout in the UAE’s real estate market.

Project Overview

Al Tay Hills is a new residential project spanning 6 million square feet in Sharjah. The development will feature:

  • 1,100 villas and townhouses
  • Units ranging from 3 to 6 bedrooms
  • Private pools for each unit
  • Modern designs blending luxury and comfort

The project will be developed in three phases, with the first phase slated for delivery in Q1 2028.

Strategic Location

One of the key selling points of Al Tay Hills is its prime location. It is situated in the Al Tay area, near the Sharjah Grand Mosque. Not only the area, you have direct access to Emirates Road. The project is also near Dubai International Airport, Downtown Dubai , and Sharjah International Airport

The Green River: A Unique Feature

At the heart of Al Tay Hills lies its most distinctive feature - the longest ‘green river’ in the UAE. This 2.5 km stretch serves as:

  • The natural lung of the development
  • A central artery with extensive green spaces
  • A recreational area with dedicated walking paths and relaxation zones

This green river not only adds to the aesthetic appeal of the project but also aligns with Sharjah’s vision of promoting a sustainable, green environment.

Amenities and Lifestyle

Al Tay Hills is designed to offer a comprehensive living experience with a wide array of facilities:

  • Playgrounds for adults and children
  • A mosque
  • Restaurants and cafes
  • Retail outlets
  • Swimming pools
  • 11 km of dedicated walking and cycling paths

These amenities aim to create an exceptional living environment that seamlessly blends modern conveniences with natural beauty.

Market Impact and Expectations

The launch of Al Tay Hills happens as the UAE’s property market in Sharjah, picks up steam. Ibrahim Saleh Al-Therban, who chairs Kuwait Real Estate Company, feels upbeat about the project’s chances to sell well pointing to its cutting-edge designs and prime spot as main draws.

Talal Al-Bahar, Vice Chairman and CEO of Kuwait Real Estate Company, drew attention to the appeal of the UAE’s property market, mentioning Sharjah’s rise as a top choice for investors thanks to its secure and pro-business climate.

Conclusion

Al Tay Hills stands for a big bet on Sharjah’s property sector and shows faith in the emirate’s growing pull as a place to live and invest. By mixing luxury eco-friendliness, and a key location, the project aims to give a one-of-a-kind living space that meets the changing needs of today’s residents and investors.

As work moves forward to hand over the first phase in 2028, it will be worth watching how this project shapes Sharjah’s property scene and helps grow the UAE’s wider property market.

Further Reads

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