Thursday 22 August 2019

Nshama to hand over 5,000 new Dubai residences this year

DUBAI, April 18, 2019

Nshama, a leading UAE-based developer of stylish master-planned communities, said its prime development Town Square Dubai will deliver 5,000 additional residences this year taking the total number of homes handed over  to more than 6,600.

By the end of this year, Town Square Dubai will be home to over 18,000 people, making it one of the thriving residential communities in Dubai.

A key player in the region, Nshama focuses on building homes highly sought-after by families in trendy neighborhoods away from the bustle.

CEO Fred Durie 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."

The first residential building overlooking the 50,000-sq-m Town Square Park will be handed over in September. With immaculately-laid streets, aesthetic landscapes and leisure attractions, the 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.  

"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," noted Durie.

Nshama has already delivered homes in four communities within Town Square Dubai that have a key location in the community, he added.

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. -TradeArabia News Service


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