FA Hotels & Resorts secures US$571.6M in real estate deals for Al Tay Hills project in Sharjah

KUWAIT – IFA Hotels & Resorts, the developer behind the Al Tay Hills project in Sharjah and owned by Kuwait Real Estate Company (AQARAT), has announced securing AED 2.1 billion (US$571.6 million) in real estate deals within a week.

The Al Tay Hills project, covering over 6 million square feet of land owned by Kuwait Real Estate, includes 1,100 villas and townhouses designed to cater to diverse customer needs.

The development features units ranging from 3 to 6 bedrooms, distributed across three phases. It combines luxury and comfort, with private pools and contemporary designs.

The first phase is expected to be delivered in the first quarter of 2028, underlining the company’s dedication to delivering high-quality projects that strengthen its market position.

Khaled Esbaitah, Chairman of IFA Hotels and Resorts, expressed pride in the achievement, announcing that AED 2.1 billion (US$571.6 million) in real estate deals had been closed in just one week at Al Tay Hills.

He attributed the strong demand to the increasing interest in the project’s residential units, noting that it also reflects Sharjah’s growing appeal as a preferred investment destination, driven by its attractive environment and promising opportunities.

Jamal Al Shawish, Head of Sales and Marketing, emphasized that the sales results highlighted the strength of the UAE real estate market and Sharjah’s rapidly expanding property sector.

He also pointed to the success at the ‘Acres’ exhibition as a clear indication of the confidence investors have in the project.

The Al Tay Hills development is strategically situated near the Sharjah Grand Mosque and along Emirates Road, the main route connecting Sharjah and Dubai.

A key feature of the project is its 2.5-kilometer green river, which is the longest in the region and serves as both a natural lung and a central feature of the area.

The development offers expansive green spaces, playgrounds for all ages, three mosques, and a range of dining and retail options.

Residents will also benefit from an 11-kilometer network of swimming pools, walking, and cycling paths, ensuring a unique living experience that blends modernity with nature.

With this impressive performance, IFA Hotels & Resorts continues to solidify its position as a leading regional developer, committed to delivering premium residential projects that meet investor expectations while offering promising opportunities in the heart of Sharjah.

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