IFA Hotels & Resorts Begins $952M Residential Project in Sharjah

Sharjah, UAE – 28 July 2025 – IFA Hotels & Resorts, in partnership with Kuwait Real Estate Company (AQARAT), has commenced land development for the $952.9 million (AED 3.5 billion) Al Tay Hills master community in Sharjah’s Al Tay district, bordering Dubai. This is one of the emirate’s landmark real estate projects currently under construction.

Spanning approximately 6 million sq ft, Al Tay Hills will feature 1,100 villas and townhouses across three phases. Units will range from three to six bedrooms, with many including private pools and high-end finishes. The first phase is scheduled for delivery in Q1 2028.

Green River: Sharjah’s Longest Landscape Feature

Central to the development is a 2.5 km “Green River”, the longest in the UAE, designed to function as both a natural park and a scenic community spine, enhanced by landscaped zones, walking trails, and cycle paths. The project also includes an 11 km trail network for pedestrians and cyclists.

Strong Investor Demand Validates Project Potential

Upon launch in mid-January 2025, the developer secured USD 571.6 million (AED 2.1 billion) in real estate deals within a week, reflecting robust sales momentum and investor confidence in Sharjah’s emerging property market.

Khaled Esbaitah, Chairman of IFA Hotels & Resorts, commented: “Al Tay Hills is one of our most strategic projects in the UAE real estate market, and the completion of land settlement works in a record period of time is a testament to the high efficiency of our team and partners."

Location Advantage at the Sharjah–Dubai Nexus

Ideally situated along Emirates Road near the Sharjah Grand Mosque, Al Tay Hills offers seamless access to both Sharjah and Dubai, including Downtown Dubai, Sharjah International Airport, and Dubai International Airport, making it attractive to commuters and investors alike.

With its green-centric design, generous amenity offering, and sustainable layout, Al Tay Hills marks a definitive step toward enhancing Sharjah’s residential appeal. The blended model of high-quality living, strategic location, and strong developer credentials positions the project as a standout in the emirate’s expansion story.