ACRES 2019 brings global real estate firms under one roof

Business Bureau, Gulf Today

SHARJAH: Sheikh Abdullah Bin Salem Al Qasimi, Deputy Ruler of Sharjah inaugurated the 6th edition of Real Estate Investment Exhibition (ACRES 2019) on Tuesday. The exhibition is organised under the patronage of Sheikh Sultan Bin Mohammad Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah.

The exhibition, which is held at Expo Sharjah until March 21, is organised by Sharjah Chamber of Commerce & Industry (SCCI), Sharjah Real Estate Registration Department and Real Estate Sector Business Group in Sharjah.

Sheikh Abdullah Bin Salem Al Qasimi, accompanied by Chairman of Sharjah Chamber and a number of senior figures and officials, toured the various exhibition’s booths and the prominent real estate projects of major real estate companies and developers. During his tour, Sheikh Abdullah was briefed about the most important real estate ventures in the Emirate of Sharjah, which are on the path of development and growth, especially in the promising real estate sector.

He was also briefed about the latest innovations of the firms that decided to come to Sharjah as a centre for constructing its real estate projects and shedding light on its major real estate services, such as design, construction, and real estate development services.

The current edition of ACRES 2019 is witnessing the biggest participation of local, regional and international real estate firms, in addition to real estate development and contracting companies, building and construction materials companies, real estate brokers, banks, financial institutions, architectural design services companies, interior design companies and a number of concerned local government departments.

Waleed Abdul Rahman Bu Khatir, Second Deputy Chairman of SCCI, commended the key role of the exhibition in strengthening the key pillars of Sharjah’s economy and its successful growth march, and attributed the success of the exhibition to the wise directives of His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah, in terms of giving a special focus on supporting the diverse economic sectors and enhancing its global competitiveness.

In turn, Abdul Aziz Ahmed Al Shamsi, Director General of the Sharjah Real Estate Registration Directorate, said that hosting such a real estate exhibition and cooperation of the all concerned authorities represent a promising model of partnerships, which pour in the interest of the private sector and development march.

He pointed out that ACRES 2019 forms a prototype of a future with great opportunities awaiting the real estate sector and its entire components in the Emirate of Sharjah.

His Excellency Saeed Ghanim Al Suwaidi, Chairman of Real Estate Sector Business Group, shed the light on the remarkable turnout for the current edition of ACRES 2019, which is considered the highest attendance since the kick-off of the exhibition.

Sharjah Waterfront City participating in the exhibition, has showcased one of the largest waterfront projects in the UAE. The project is one of the most iconic freehold properties built on the Sharjah coast and once completed will be one of the largest waterfront projects in the country.

“Our mission is to create a living environment that boasts state-of-the-art amenities and aligns with current market trends, while creating a peaceful surrounding, in addition to smart home technology and the most sustainable / power efficient solution,” said Sultan Al Shakra, Chief Executive Officer, AJMAL MAKAN Real Estate Development. Tilal Properties, the leading real estate development and investment company and the premier developer of residential complexes and freehold projects in Sharjah, has showcased a range of exclusive plots in Tilal City at competitive prices.

Khalifa Al Shaibani, Director-General of Tilal Properties, said, “The land plots offered by Tilal Properties at ACRES this year represent a promising investment opportunity and meet the requirements of those seeking long-term residence after retirement. It’s undoubtedly a valuable opportunity for developers to take advantage of the City’s advanced infrastructure,” he added.

“The real estate market in Sharjah is safe and balanced. This is why we’ve decided to participate in this year’s edition of ACRES to promote the advantages boasted by the Tilal City, which we introduce in line with the vision of the Government of Sharjah, to launch an innovative model city boasting a strategic location and offering an ideal opportunity for those wishing to own or invest in the Sharjah real estate market,” he added. Azizi Developments, one of the leading private developers in the UAE, marked another important milestone in its pursuit of timely project delivery, achieving this month 90 per cent completion of the Azizi Aliyah Residence.

Farhad Azizi, CEO of Azizi Developments, said: “The 90 per cent completion milestone achieved on the Azizi Aliya Residence once again highlights our commitment to timely delivery. With its central location in Dubai Healthcare City and proximity to Dubai Creek, Azizi Aliyah Residence will soon welcome its first residents to a premier development, underpinned by high-quality design and world-class construction standards.”