Developed countries within the desserts are one that is clicking right now in the real estate world, an example of this is Dubai. The main reason why most real estate companies are now focus on selling those land or making projects on those land is not only that they can see it as an arising asset, but also it is at those places where big projects that could be made.
One of the recently approved project that will be done in a dessert is the establishment of the project Tilai City, which will be headed by Tilai Real Estate Company. Tilai real estate company’s is one of the companies that aims to improve Sharjah’s sector. The project is located near the Emirates river and has a total are of 25 million square feet, however the exact amount of the project was kept secret for personal reason, but imagine the amount of money that would be spent for an area of 25 million square feet.
The decision of pushing through with the said project was based on the real estate activities that occurs in Sarjah during the last year, where in there was a continues increase in Sharjah’s property sector. The increase in Sharjah’s property sector was brought through by the residential rental sector found in the country and the launch of new residential properties across Sharjah. Due to the increase of Sharjah’s property sector, Tilai City is not only the project that is set to be done withing Sharjah for the succeeding years, it was also said that investors also plan to build multiple apartment blocks and also a two high rise towers.
Image by Sharjahcityguide