Established Since: 1974
CEO: Talal Jassim Al Bahar (Chairman of the board)
IFA Hotels and Resorts is an established regional company working in hospitality and real estate. In the UAE, the group operates as IFA developers Dubai, combining hotel partnerships with residential offerings. The company is known for planning resort-style living across branded and non-branded communities.
One of its current large-scale developments is Altay Hills, located in the Sharjah Gate area. This residential project covers nearly 6 million sq ft and includes about 1,100 villas and townhouses. Homes range from 3 to 6 bedrooms, with unit sizes starting at approximately 2,008 sq ft and going up to around 7,642 sq ft. Prices start from AED 1.8 million. A payment plan includes 5% on booking and 30/70 during construction. Handover for Phase 1 is expected in Q2 2028. Amenities include jogging tracks, green zones, private pools, sports courts, and wellness spaces. Within one week of launch, sales reportedly crossed AED 2.1 billion.
IFA also develops hospitality-linked residences, such as Fairmont and The 8 Palm Jumeirah, under its IFA Hotels UAE brand. The company’s focus is on IFA Hotels and Resorts properties that blend community living with IFA hospitality projects across the UAE.