Town Square Dubai by Nshama to hand over 5,000 additional residences this year
Town Square Dubai by Nshama, which focuses on building homes highly sought-after by families in trendy neighborhoods away from the bustle, will hand over 5,000 additional residences this year taking the total number of homes handed over to more than 6,600.
By end-2019, Town Square Dubai will be home to over 18,000 people making it one of the thriving residential communities in Dubai.
Fred Durie, Chief Executive Officer of Nshama, said: “Working with established contractors, we are making strong progress on the delivery of an additional 5,000 homes that deliver on the promise of ‘live life at your price’ in Town Square Dubai. As the pioneering master-planned development in Dubai focused on offering homes for families through attractive payment plans, Town Square Dubai has set the standards in residential developments for families. With the homes recording strong demand, investors are assured of strong returns and rental yields while residents become part of a full-fledged lifestyle community.”
Nshama has already delivered homes in four communities within Town Square Dubai that have a key location in the community. Residents have access to a wide range of facilities such as a gym and a pool in every building, in addition to a tennis court, and recreational park that includes a skate park, basketball court and football pitch – all adding to their wellness and promoting an active outdoor lifestyle. Several retail amenities are also open with future openings to include more F&B outlets. Daycare centres, schools and healthcare facilities will also open in due course.
The first residential building overlooking the 50,000 sq m Town Square Park will be handed over in September 2019. With immaculately laid streets, aesthetic landscapes and leisure attractions, the 750-acre (31 million sq ft) Town Square Dubai is conveniently situated, in easy proximity the Al Maktoum International Airport, which is less than 20 minutes away while the Dubai International Airport is only a 30-minute ride. The popular Al Qudra cycle track, the Arabian Ranches Golf Course, Dubai Polo & Equestrian Club and the site of Expo 2020 Dubai are also nearby.