AQARAT and IFA Hotels Launch Al Tay Hills Project
- Business Companies Real Estate Regional
Global Business Magazine- 4 minutes read
Kuwait Real Estate Company (AQARAT), a leading real estate firm listed on the Kuwait Stock Exchange, in collaboration with IFA Hotels and Resorts, has announced the launch of the $950 million “Al Tay Hills” project in Sharjah.
The project spans over 6 million sq. ft. and includes 1,100 villas and townhouses with diverse designs and sizes to meet various client needs. The units range from 3 to 6 bedrooms and will be developed in three phases, each featuring private pools and modern designs that combine luxury and comfort.
The first phase of the project is scheduled for delivery in the first quarter of 2028, reflecting the company’s commitment to delivering high-quality projects that enhance its position in the real estate market.
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 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.
The Green River
The “Al Tay Hills” stands out with the longest Green River in the UAE, serving as the natural lung and central artery of the development. This Green River stretches over 2.5 km and features extensive green spaces, adding natural beauty to the project.
The development blends modern architectural designs with scenic nature, offering a serene and harmonious lifestyle. It reflects Sharjah’s vision of promoting a sustainable green environment that protects nature and biodiversity.
The Green River is designed as a unique recreational space, providing fresh air, dedicated walking paths, and relaxation areas, making it an ideal destination for leisure and enjoyment. The river serves as the project’s arterial park, offering residents and visitors stunning views, fresh air, and diverse relaxation and recreational zones.
Facilities and Services
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 totalling 11 km and this creates an exceptional living experience that merges modern life with nature.
AQARAT’s Chairman Ibrahim Saleh Al-Therban said that Al-Tay project is one of the largest and most ambitious projects launched by his company and hoped the project 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.
The company’s Vice Chairman and CEO Talal Al-Bahar said that the UAE’s real estate market is one of the most attractive sectors regionally and globally and Sharjah has emerged 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.”
Chairman of IFA Hotels and Resorts Khaled Esbaitah said that the project reflects their 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.
