Alpha1Estates launches Al-Tilal Villas Madinah and Royal Clock Tower
Global Islamic real estate consultancy Alpha1Estates International said on January 1 and in the
new Islamic new year of 1431 that it was launching Al-Tilal Villas Project in Madinah and the
Royal Clock Tower in the Abraj al-Bait Project in Makkah, allowing Muslims from all over the
world to purchase property there.
London, UK (PRWEB) January 1, 2010 -- The company, which launched to global acclaim on January 1 2006,
said that the two projects demonstrate the strength of the real estate projects in the Holy Cities, set to be further
developed over the next decade.
"Alpha1Estates International is delighted to be working with the most reputable developers in the Middle East to
allow Muslims to buy property in Makkah and Madinah,' said Mr Al-Alawi, Chairman of Alpha1Estates
International. "By virtue of their unique nature, property in these projects is guaranteed by virtue of their unique
nature to appreciate in the medium to long-term.'
The Al-Tilal Project in Madinah allows Muslims from all over the world to purchase permanent villa homes
nearly 10 kilometres from the Prophet's Mosque. The Royal Clock Tower is the central tower in the Abraj al-Bait
Project, 50 metres opposite the Grand Mosque in Makkah, which allows Muslims to buy apartments on 24-year
leases as part of a government-based religious endowment.
Alpha1Estates International launched in 2006 to become the world's first company to market Saudi property
globally and also the first company to market property in both Makkah and Madinah, with its projects ZamZam
Tower, Makkah, Abraj al-Bait, Makkah, Hajar Tower, Makkah and Taiba Eastern Tower, Madinah all centrally
located near the two Holy Mosques. In subsequent years, it has launched the world's first bespoke real estate
consultancy programme and joint-investment fund focused on the Holy Cities.
In January 2010, the company launches the Ihsan al-Haramain Index, the first index to solely track Saudi-listed