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A NEW GOLD STANDARD FOR PLANNED COMMUNITIES
Expertly master-planned to include a range of modern perks and conveniences, this smart community puts everything at your fingertips and lets you design the life you’ve always dreamed of. With parks spanning 154,000 square metres, 16 community gardens, an extensive network of trails – this is a city life you thought impossible. Priced within reach of renting families and professionals, Town Square Dubai apartments and townhouses offer an exclusive address and exceptional opportunity.
LOCATION
Located close to the heart of the city, yet away from the bustle, Town Square Dubai is a one of a kind residential community that elevates the idea of community living. Designed to offer convenience for families, the community is marked by a unique central park and its spectacular immediate surroundings, with plenty of green spaces, as well as walking, jogging and cycling trails to explore, integrating health, wellness and leisure into your everyday life. Once completed, it will consist of 18,000 apartments and 3,000 townhouses.
Town Square is one of the newest projects in Dubai which is being developed by Nshama Group, and is estimated to be completely handed over by 2024. It is the latest, self-sustained community that features a wide range of amenities, including entertainment facilities and venues, retail shops and parks. Town Square is located in Dubailand, right along Al Qudra Road.
The development of the project started at the beginning of 2015 and by September 2020, most of the community was completed, including the apartment buildings. The only exception was the building of the UNA Apartments, which is due to reach the final stages of construction. It is expected that Town Square will be inhabited by 85,000 residents by 2025.
MAJOR POSITIVES
Town Square houses eight apartment complexes, including Jenna, UNA, Hayat Boulevard, Rawda, Safi, Warda, Zahra, and Zahra Breeze which will house a whopping 17,000 units upon completion of all projects. Residential units in these complexes range from studios to spacious five-bedroom apartments. As for standalone homes, Town Square is set to feature 3,000 townhouses and villas. These are divided into six sub-communities called Hayat, Naseem, Noor, Sama, Safi, and Zahra, and each sub-community has units with three and four bedrooms. Every townhouse and villa features sleek contemporary architecture, light-filled open-plan interiors, and expansive backyards that are particularly great for spending time with family and friends.
Considering the large number and the variety of properties in Town Square, it is one of the most popular areas for renting homes and apartments at affordable prices.
INFRASTRUCTURE OF TOWN SQUARE
Town Square is a gated community that features landscaped gardens, shadowed walkways, and some beautiful parks. The neighbourhood is particularly designed for families with children and young couples, providing access to a number of educational facilities in the area. The community is located close to the site of Expo 2020, which adds to its popularity among investors, residents and tenants.
The neighbourhood boasts a well-thought-out suburb that features various amenities to serve its residents. One of the most notable elements about Town Square is that there’s always a parking space available for both villa and apartment residents.
The absence of public transportation may be a drawback for some people, however those who decide to travel by bus, will only need to hop off at The Sustainable City neighbourhood which has the nearest bus stop to Town Square (10 minutes’ away). If residents need to travel by metro, they will have to reach Dubai Internet City station, which is about 20 minutes’ away from the community.
INVESTMENT OPPORTUNITIES
Town Square is an attractive investment option for both residents and investors that have their sights set on developing a business in the community in the future. As mentioned above, this is primarily a family-friendly community, so the initial target customer base includes young couples and families with children. Tourists also love the neighbourhood due to its close proximity to the Expo 2020 site and its easy access to other popular landmarks in Dubai.
Residential properties in Town Square include apartments and standalone homes (villas and townhouses). Both types of properties are available to rent and are for sale, and both represent a relatively affordable option for a family home, depending on the possibilities and needs of each particular family.
Considering Town Square’s location, competitive prices, and lucrative income potential, the community is one of the best places to buy a home in Dubai, competing only with JVC and Dubailand.
