‘Hidden gem’ Tilal Al Ghaf sees surge in savvy cash buyers

  • Date: 10-Oct-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

‘Hidden gem’ Tilal Al Ghaf sees surge in savvy cash buyers

Dubai, UAE: haus & haus Real Estate – one of Dubai’s leading property groups is reporting a surge of cash-rich buyers snapping up all they can from the 6,500 properties at Tilal Al Ghaf, the flagship (and first) residential community of developer Majid Al Futtaim, known for iconic Dubai commercial properties such as Mall of the Emirates.

haus & haus says it has seen a flurry of multi-million dirhams cash transactions in Tilal Al Ghaf’s Harmony (being handed over in December 2023), Aura, and Elan areas – with several more deals on the brink of closing in October.

Spanning 3 million sq. m the development has started handing over with more expected handover dates staggered over the coming months/years. The gated community is ideally located on Hessa Street (D61) with multiple entrances and exits and includes a 70,000 sq. m lagoon, 400 metres of open beachfront, cycling tracks, and an array of parks, pools, shops, and other lifestyle amenities. It also boasts impressive green credentials with recycling facilities and a focus on sustainability in the design.

Described by Dubai property insiders as something of an emerging ‘hidden gem,’ Tilal Al Ghaf represents a huge new opportunity for investors and end users looking now