Many JLT and Marina residents are looking for areas with open green spaces, according to Nshama COO Abdulrahman Juma Al Falasi
Dubai mega-project Town Square has seen a significant uptick in inquiries and demand as people look to relocate within the emirate amid the Covid-19 pandemic, according to Abdulrahman Juma Al Falasi, chief operating officer at its developer, Nshama.
The 750-acre development – which was first announced in 2015 – will eventually be home to 18,000 apartments and 3,500 town houses. By the end of last year, it had already handed over approximately 5,000 homes.
Additionally, Town Square Dubai’s plans call for a total of 16 community gardens and an extensive network of trails for jogging,
In an interview with Arabian Business, Al Falasi said that the development has seen a surge in interest as Dubai residents increasingly seek out green spaces.
“After the lockdown, people have been looking for spaces where they can walk, and Town Square is full of green spaces and cycling and jogging tracks,” he said. “People can leave their apartments and walk their dogs very peacefully.”
Al Falasi added that “a lot” of the inquiries and new residents come from Jumeirah Lake Towers (JLT), with some coming from areas in which villas are more common.
“There are people coming from places like Arabian Ranches that are now looking at a small price point, but with a community.”
According to Al Falasi, approximately 200 residents moved in to the development in May.
“Between January and now, even worth the lockdown, our data shows around 800 people moved in,” he added. “Next we’re handing over a big community with 700 townhouses and 600 apartments. We’re seeing the benefits. The green spaces and amenities play a big roll.”
The development also includes a retail precinct with open-air F&B outlets, which has already attracted the likes of Starbucks, Spinneys, Subway and Hardee’s.