Engineering Contracting Company (ECC) has been appointed to lead on the AED310 million contract for the design and construction of a co-living and co-working concept in Town Square Dubai by Nshama.
Spanning over 90,000 sq m, UNA apartments is a residential community that will feature numerous retail areas, 192 studios, and 764 one-bedroom apartments.
UNA features a digitised all-purpose lobby lounge where residents can indulge in a wide range of creative, recreational and collaborative pursuits.
At around 2,000 sq m, the lobby lounge is envisaged to be the social hub featuring work stations, a music room, games corner, communal smart TV, reading space, and creative zones.
UNA also serves as a licenced co-working space, meeting the aspirations of today’s generation, according to Nshama.
ECC said in a statement that it will work on the project for 25 months and will lead its design and construction.
Fred Durie, CEO, Nshama, said: “Town Square Dubai sets the benchmark for future developments in Dubai and the region to appeal to the ‘new’ generation... ECC has a strong track-record in project development and we will draw on their strengths for UNA, the path-breaking co-living community that assures a ‘live life at your price’ value proposition.”
Kareem Farah, CEO, ECC, added: “We are ready and excited for this project and look forward to continuing our relationship with Nshama Properties on upcoming developments.”
He said that according to a recent report from the Dubai Land Department, there is a clear shift in the market with developers focusing on new opportunities and finding niches in the market - such as co-working and co-living spaces.
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, medical facilities and splash parks.
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