A new real estate project with a total value of Dhs3.5 billion has been launched, featuring the GCC’s longest “Green River” in the UAE, located in the Emirate of Sharjah.
The project is a collaboration between Kuwait Real Estate Company (AQARAT), a leading firm listed on the Kuwait Stock Exchange, and IFA Hotels and Resorts.
Al Tay Hills, Sharjah
The Al Tay Hills development is highlighted by the Green River, which stretches over 2.5 kilometers and serves as the natural centerpiece of the project. This lush Green River creates a tranquil and eco-friendly environment, enhancing the beauty and sustainability of the area.
It also includes large green spaces, walking paths, and relaxation areas, offering residents and visitors a peaceful space for leisure and enjoyment.
The development combines modern architecture with scenic natural surroundings, providing a serene and balanced lifestyle. It aligns with Sharjah’s vision to promote a sustainable environment that preserves nature and biodiversity.
1,100 villas and townhouses
Spanning over 6 million square feet, the project will include 1,100 villas and townhouses with 3 to 6 bedrooms. These homes will be built in three phases, each offering private pools, luxury finishes, and designs that prioritize both comfort and style.
The first phase is expected to be completed and delivered in the first quarter of 2028, marking a significant milestone in the company’s strategy to deliver high-quality real estate projects and strengthen its presence in the market.
Location: Near Sharjah Grand Mosque
The Al Tay Hills boasts a strategic location in the Al Tay area, near the Sharjah Grand Mosque and directly on Emirates Road, at the main intersection bordering the Emirate of Dubai. This location provides easy access to key facilities and landmarks in both Sharjah and Dubai. The project is minutes away from Dubai International Airport, Downtown Dubai, and Sharjah International Airport.
Amenities
The project offers a comprehensive array of facilities and services that cater to all needs in one place. These include playgrounds for adults and children, a mosque, restaurants, cafes, retail outlets, swimming pools, and dedicated walking and cycling paths totaling 11 kilometers. This creates an exceptional living experience that merges modern life with nature.
One of AQARAT’s largest projects
Ibrahim Saleh Al-Therban, Chairman of Kuwait Real Estate Company, said: “We are delighted with the Al-Tay project, which is one of AQARAT’s largest and most ambitious projects. We hope Al-Tay Hills achieves significant sales success, especially as it combines modern designs with a strategic location, making it an exceptional opportunity for both investors and residents alike.”
Sharjah: A preferred destination for investors
Talal Al-Bahar, Vice Chairman and CEO of Kuwait Real Estate Company, stated: “The UAE’s real estate market is one of the most attractive sectors regionally and globally. Today, we are witnessing Sharjah’s emergence as a preferred destination for investors, thanks to its appealing, safe, and business-friendly investment environment, along with its commitment to enhancing and developing the real estate sector.”
Al-Bahar added: “Our aim is to create an upscale residential community that sets new standards for sustainable living in the region by combining innovative design, sustainable construction practices, and state-of-the-art facilities. Our goal is to deliver a unique residential experience that exceeds market expectations and meets the aspirations of both investors and residents. For this reason, we partnered with IFA Hotels and Resorts to leverage their extensive expertise in real estate development and deliver innovative, high-quality products.”
FA Hotels and Resorts’ expansion
Khaled Esbaitah, Chairman of IFA Hotels and Resorts, commented: “We are proud to announce our latest expansion in the UAE’s real estate portfolio, building on the company’s successes and track record in project development. We are now transferring our distinguished expertise in land development, gained from local, regional, and global markets, to the Emirate of Sharjah. The ‘Al Tay Hills’ reflects our vision of blending Sharjah’s values and traditions with a distinctive modern environment that provides homeowners with safe and sustainable living conditions that align with the highest global standards while preserving the Emirate’s rich traditions.”
Esbaitah added: “Sharjah is one of the most economically diverse Emirates, hosting a wide range of non-oil sectors. Sustainable projects play a pivotal role in enhancing its advanced infrastructure. The Sharjah government’s initiatives and pioneering solutions have attracted and encouraged investments, positioning the Emirate as a key player in strengthening the UAE’s global competitiveness as a premier investment destination.”
The Al Tay Hills represents a unique investment opportunity in the dynamic real estate market, offering a blend of comfort, a prime location, and lifestyle amenities that set it apart from other projects. With a sharp focus on quality, design, and customer satisfaction, the project is poised to become a prominent residential destination for those seeking the best in modern living.
tanvir@dubainewsweek.com
