Town Square ready to welcome first residents in 2017

Thursday 31 March 2016

Dubai - MENA Herald: A trendy lifestyle at ‘your own price’ is taking tangible shape as Nshama unveiled the first-look of the townhouses, ready to welcome its residents in 2017, at Town Square, the city’s one-of-its-kind smartly designed, stylish green neighbourhood.

At a special preview today, Nshama revealed Zahra Townhouses, which have been launched to overwhelming investor response. The thoughtfully designed homes will be ready for occupancy next year bringing to life the unbeatable ‘Town Square’ lifestyle.

Fred Durie, Chief Executive Officer of Nshama, said: “We have maintained a clear timeline and adhered to it ever since we launched Nshama’s flagship project, Town Square, in 2015. As the first affordable lifestyle community in Dubai, it sets industry benchmarks for the standards that we uphold. With every lifestyle amenity in close proximity, Town Square will be a sought-after residential destination in the city, enabling the city’s residents to move from a rental model to owned homes.”

Nshama has commenced work on 1,050 townhouses and 1,100 apartments in addition to other infrastructure work. Among the first contracts awarded was for undertaking grading works for the entire 750-acre (31 million sq ft) development to Al Naboodah Contracting Co LLC. The deep services work is being undertaken by Binladin Contracting Group.

Following the launch of the Zahra and Hayat Townhouses, Nshama awarded the construction contract to Beaver Gulf Group, a construction company with proven industry experience in high-quality construction projects.

As part of its focus on delivering a fully-integrated and amenity-rich neighbourhood that offers residents all modern comforts, Nshama has appointed Emaar District Cooling (EDC), a leading provider of full-spectrum services, as the sole provider of district cooling services for Town Square.

EDC will be the exclusive provider of district cooling services for a period of 30 years. The company will construct, commission and operate the plant and equipment, with the district cooling plant to be built on land leased on a Musataha arrangement basis with Nshama. EDC will also manage the supply of the service to end-users including billing and maintenance.

Further, Al Dharis SPF, a regional leader in the installation and supply of liquefied petroleum gas (LPG), has been awarded the contract for the design, construction and supply of LPG to the residential units that are currently being constructed as per schedule.

The project work will include the supply of cooking gas to over 18,000 apartments and more than 3,000 town houses, and more than 100 buildings including a hotel complex. The total daily requirement is expected to be about 30,000 litres of LPG. The design includes the construction of two underground tanks of 50,000 litre capacity, over 35 km of underground piping, and 24x7 staff on duty for operations and maintenance.

Town Square is anchored by a central square that is the size of 16 football fields. A number of lifestyle choices await residents and visitors such as Vida Town Square Dubai hotel and a Reel Cinemas cineplex and open-air cinema. Residents are also in easy access of a 2.5 million sq ft retail precinct featuring more than 600 stores and F&B outlets, green trails, outdoors sports courts and cycling tracks, among other amenities.

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.

Providing one-bedroom apartments at AED 614,888 and three-bedroom apartments at around AED 1 million, Nshama also offers townhouses for as low as AED 999,988 apiece – the lowest priced townhouses of its kind, which is unprecedented in the market.

Nshama has already sold over 2,000 units to date; with over 3,000 villas and 18,000 apartments as part of the masterplan, new launches are being planned soon.

Located centrally in New Dubai, Town Square is in close proximity to the Arabian Ranches Golf Course, Dubai Polo & Equestrian Club and Al Maktoum International Airport, near the site for the World Expo 2020.

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