Nshama unveils $95k apartments in Dubai project

The developers behind Town Square, the Dubai mega project launched in March, on Monday unveiled its first phase of residential apartments

The Town Square development.
The Town Square development.

The developers behind Town Square, the Dubai mega project launched in March, on Monday unveiled its first phase of residential apartments, priced from AED349,988 ($95,285).

Nshama said in a statement that the Zahra apartments are located centrally in the 750-acre development which is anchored by a central square with the Vida Town Square Dubai hotel and a Reel Cinemas cineplex and open-air cinema.

The launch of the apartments follows strong response to Zahra and Hayat Townhouses, the developer said.

It added that only 306 apartments are being launched including studios, one-beds, two-beds and three-beds. Potential customers can register online at www.nshama.ae.

In close proximity is a 2.5 million square foot retail precinct featuring over 600 stores and food and beverage outlets. Town Square also offers day-care facilities, playgrounds, play zones for all ages, swimming pools, fitness centre, athletic spa, interactive water features, skate parks, playgrounds, adventure zones, modern medical facilities and splash parks.

Fred Durie, CEO of Nshama, said: “Zahra Apartments offer an unmatched value proposition for aspiring home-owners, particularly first-time buyers, in one of the trendiest developments. Residents are assured of a convenient lifestyle, where all amenities are within walking distance, while the city’s main landmarks are in easy access.

“Specifically designed for single professionals, couples and families, Zahra Apartments serve as an ideal investment for a secure future, enabling them to save on rents by comfortably purchasing their own homes in Dubai.”

Town Square is located in New Dubai near Al Barsha, close to Arabian Ranches Golf Course, Dubai Polo and Equestrian Club and Al Maktoum International Airport.

It will feature over 3,000 townhouses and over 18,000 apartments as well as substantial retail, hospitality and commercial space.

 

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