ASAS Real Estate Company, the real estate arm of Sharjah Islamic Bank, has launched sales of the residential and commercial Al Tai Lands project, located strategically along the main frontage of Maliha Street – Kalba, opposite Al Suyoh residential area, near Dubai, Al Emarat and Al Dhaid Streets.

The Al Tai Villas project offers prime investment opportunities at competitive prices, starting from AED250,000for residential lands and AED525,000 for commercial lands, with the advantage of building for ground and two floors in residential and commercial lands, in addition to the free ownership of the project for citizens of the UAE and GCC countries and other Arab nationalities.

 Strategic location and financing facilities

Ahmed Al Amiri, General Manager of Asas Real Estate, confirmed that the Al Tai Lands project not only provides Emiratis and Arab nationals an opportunity to own residential and commercial lands in a strategic location, at competitive prices, but also flexible financing facilities offered by Sharjah Islamic Bank.

Al Amiri noted that Al Tai Lands project presents an attractive investment opportunity as the demand for buying lands with small areas outweighs the purchase of lands with large areas, and most of the demand in the real estate market is currently focused on small and medium-sized areas, where prices are within the reach of a bigger group of investors and buyers.

He added: “The real estate market in Sharjah and the UAE in general is still robust, given the current business situation, and is one of the most profitable regional markets in terms of returns. We will continue to work to launch more units and residential and commercial lands to meet the demand and allow citizens and residents to take advantage of these opportunities.”

Competitive prices and various options for residential and commercial lands

The company revealed the price of residential lands at AED100 per square foot, while the price of commercial lands was set at AED120 per square foot. Residential areas range from 2,500 to 3,000 square feet, while the commercial plots range from 4,375 to 9,000 square feet.

The company has provided a specialized team to receive inquiries from interested buyers and investors and provide them with information on the project’s features and address all technical questions at its headquarters, following all safety and health protocols.

ASAS Real Estate has launched many notable projects in prime locations, including residential and commercial lands, spacious apartments as well as luxury villas in recent years. It also provides a comprehensive range of services, including brokerage as well as marketing and sales. Through its initiatives, the company has been on a trajectory of growth and has delivered significant returns for its investors and its parent company, Sharjah Islamic Bank.