UAE's $653m Tilal City launches sales in Oman
The $653m Tilal City development will be marketed by Cluttons through its offices in Hatat and Beach One in Sultanate of Oman
Tilal Properties has officially launched sales in Oman for its flagship land development, Tilal City, in Sharjah, UAE.
Cluttons, the global real estate and the exclusive marketing and sales partner of Tilal City, will market the $653m (AED2.4bn) development through its offices in Hatat and Beach One in Sultanate of Oman.
Khalifa Al Shaibani, Director General of Tilal Properties, said: “We are happy to announce the launch of Tilal City sales in Oman, driven by the increasing interest from potential investors. The launch further cements Tilal Properties’ commitment to diversifying Sharjah’s real estate industry. The step allows us to expand our presence in the Omani market for engaging a new wave of investors.
“We are increasingly seeing investment in the development’s land plots from a number of individuals located not just in the UAE, but from across the GCC. The new sales offering allows us to meet this demand and continue to promote the unique real estate opportunities Tilal City provides.”
Split into five zones (A-E), the master-planned community will occupy an area of 25 million square feet and provide high-quality, affordable housing for 55,000 – 65,000 residents in apartments, villas and townhouses.
Strategically located, Tilal City is just ten kilometres from Sharjah’s International Airport and within convenient commuting distance to nearby Emirates, with Dubai only two kilometres away.
The development allows buyers to select from a portfolio with options for sale, lease and personal use. Freehold land plots are now available to purchase for Omani nationals
Special site visits can be arranged for prospective buyers.