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Fri 4 Sep 2015 12:56 AM

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Nshama to launch $204k apartments at Dubai mega project

Developer says to start sales of Jenna apartments in Town Square project on Saturday

Nshama to launch $204k apartments at Dubai mega project

Town Square, the Dubai mega project being developed by Nshama, has unveiled Jenna, the first residential apartments in its main square.

Nshama said in a statement that the launch of Jenna offers the "unprecedented opportunity" to own homes at affordable prices within the heart of the 750-acre development.

The sale will be held on September 5 at the Town Square Sales Centre in Downtown Dubai. Prices of two-bedroom apartments start at AED749,888 ($204,165).  

The size of 16 football fields, the main square also features retail, hospitality and leisure choices. 

Jenna apartments will be located next to a new Vida Town Square Dubai hotel, Reel Cinemas cineplex and open-air cinema, and over 2.5 million sq ft of retail of which over 350 shops and F&B outlets are located around the main square itself.

Fred Durie, CEO of Nshama, said: “The Main Square is the soul of Town Square, and underlines the trendy new lifestyle that we are bringing to Dubai. Since the launch of Town Square, end-users have been awaiting the launch of residential units within Main Square.

"With Jenna, located right in the heart of Town Square, we are entering the next phase in the development of Town Square.”

He added: “While Jenna are the premium homes in Town Square, the fundamental approach of Nshama to deliver affordable, ‘live life at your price’ homes continues to be the highlight of the new residences too.”

Town Square will feature over 3,000 townhouses and more than 18,000 apartments as well as substantial retail, hospitality and commercial space.

Nshama said it plans to launch new residential projects within Main Square, saying the earlier launches of townhouses and apartments gained overwhelming investor response.

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