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Thu 18 Apr 2019 02:42 PM

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Dubai mega project to deliver 5,000 extra homes by end-2019

The 750-acre Town Square Dubai will be home to over 18,000 people by the end of this year, says CEO Fred Durie

Dubai mega project to deliver 5,000 extra homes by end-2019
Fred Durie, CEO of Nshama.

Town Square Dubai by Nshama will hand over 5,000 additional residences this year taking the total number of homes delivered to more than 6,600, it was announced on Thursday.

By end-2019, the 750-acre Town Square Dubai will be home to over 18,000 people, said Fred Durie, CEO of Nshama.

He 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.

"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.”

Nshama has already delivered homes in four communities within Town Square Dubai in addition to a range of facilities such as a gym and a pool in every building, plus a tennis court, and recreational park that includes a skate park, basketball court and football pitch.

The first residential building overlooking the 50,000 sq m Town Square Park will be handed over in September.

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