Roadworks completed at $653m Tilal City in Sharjah
The scheme comprises 1,855 land plots, offering the opportunity to GCC nationals and UAE residents
Tilal Properties has completed that initial roadworks at its AED2.4bn ($653m) Tilal City development in Sharjah.
The scheme comprises 1,855 land plots, offering the opportunity to GCC nationals and UAE residents to buy or lease land and develop properties.
The roadworks at the development is being carried out by Al Marwan General Contracting Company (MGCC).
The completion of the initial phase of works now paves the way for sewage and water pipelines as well as cable laying for electricity. Once these activities have been achieved, work will begin demarcating the plots.
Haysam Jazairi, business development executive director at Tilal Properties, said that the company was excited to see its first land development in Sharjah progressively taking shape.
He said: “Tilal City is one of the most exciting developments not only in Sharjah, but in the wider UAE. The completion of the initial roadworks marks significant progress for the project, as we prepare to hand over the first land plots to developers next year.”
Split into five zones (A-E), the masterplanned Tilal City development will occupy an area of 25mn sq ft2 and provideaffordable housing for 55,000 – 65,000 residents in apartments, villas and townhouses.
“Tilal City is a truly unique development in that as a developer we are providing all the utilities and key infrastructure, which is a first for this sort of development in the emirate,” said Jazairi.
Al Marwan General Contracting Company’s project manager at Tilal City added: “Tilal City is the largest development project we have undertaken in the region and we are very pleased with the progress made on site so far. With the initial roadworks now completed, we are on track to enable Tilal Properties to hand over the first land plots in 2016 as per project schedule.”
Located on Emirates Road, Tilal City allows investors to build for sale, leasing and personal use. Non-Arab expats can purchase land plots on a 100-year leasehold basis within the scheme, with freehold land plots available for GCC nationals and UAE’s Arab residents.