HomeNewsMiddle East NewsIFA Hotels Closes Deals

IFA Hotels Closes Deals

IFA Hotels & Resorts, the developer of the Al Tay Hills project in Sharjah, owned by Kuwait Real Estate Company (Aqarat), has announced that it has secured real estate deals worth $571M within just one week.

Al Tay Hills project spans over six million square feet of land owned by Aqarat and comprises 1,100 villas and townhouses designed to meet a wide range of customer aspirations. Offering units from three- to six-bedrooms across three development phases, the project features private pools and modern designs that blend luxury with comfort.

The first phase is scheduled for delivery in Q1 of 2028, thus highlighting the company’s commitment to delivering exceptional projects that reinforce its market position.

Khaled Esbaitah, the Chairman of IFA Hotels and Resorts, said: “We are proud to announce the closing of AED2.1bn in real estate deals at Al Tay Hills within just one week. Strategically located near the Sharjah Grand Mosque and along Emirates Road – the primary intersection linking Sharjah and Dubai – Al Tay Hills stands out with the region’s longest green river, which spans 2.5km and serves as both a natural lung and central artery,” he noted.

The project also boasts expansive green spaces, playgrounds for all ages, three mosques, and a variety of restaurants, cafes, and retail outlets.

Most Popular