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The real estate market can feel like navigating a ship through stormy seas, especially if you’re a first-time buyer or investor. But, what if I told you that buying an apartment in Town Square, Dubai doesn’t have to be as challenging as a round of the classic board game, Battleship? By the end of this guide, you’ll be steering confidently through the property market, ready to dock your ship at the harbor of your dream home.
Dubai's Town Square is more than just a neighbourhood; it's a radiant gem sparkling in the UAE's desert crown, promising an all-encompassing lifestyle experience that's reminiscent of a paradise oasis. Just like a perfect risotto, this real estate marvel has been simmered to perfection, blending the right ingredients of comfort, luxury, and connectivity. It's located strategically along Al Qudra Road, allowing easy access to the city's key attractions. High-end shopping centers, international schools, and lush parks complete the picture, making Town Square a hotspot for real estate investments.
The perks of living in Town Square, Dubai are as exciting as finding extra fries at the bottom of your takeaway bag. The neighborhood offers state-of-the-art facilities, including swimming pools, fitness centers, and multi-purpose rooms. Picture this: morning jogs in beautifully manicured parks, lazy afternoons by the pool, and evenings spent browsing the latest fashions at the local boutiques. Not to mention, the Town Square Park at the heart of the community is the icing on the cake, providing residents with a refreshing space for recreation.
Market Trends: Navigating the Property Landscape Jumping into the world of real estate might feel like diving into an ocean without a snorkel. Hence, it's essential to understand the currents — market trends — to stay afloat and reach your destination. Fortunately, Town Square exhibits stable market trends, with property values showing consistent growth. For investors, this means potential high returns on investment. And for homeowners, it's the promise of a safe haven, a home that not just shelters but also grows in value.
Before making the big decision, it's crucial to consider multiple factors. Think of it as setting the sails of your ship to navigate smoothly towards your dream home. These factors include property condition, proximity to amenities, and future development plans in the area. You also want to consider potential rental yields if you're an investor. It's like checking the weather before you sail; you want to ensure smooth seas lie ahead.
Financing is the lifeboat in your property buying journey. We'll explore various options, including bank mortgages, developer payment plans, and cash payments, to help you find the best fit for your budget. It's essential to evaluate your financial standing and choose a plan that doesn't strain your finances — remember, you don't want to end up like the guy who bought a boat but forgot about the cost of maintenance!
From modern to traditional, you can find a plethora of different apartment styles in Town Square, each with its unique charm. It's a bit like going to an all-you-can-eat buffet; the choices are endless, and there's something to cater to everyone's taste.
A Closer Look at Town Square Dubai Town Square Dubai, a meticulously crafted residential hub along Al Qudra Road (D63), is an opulent creation of the Nshama Group. This extensive 154,000 sq. m. residential utopia features 16 lush gardens and a wide network of paths for cycling, walking, and jogging.
With its diverse property offerings and competitive rents, Town Square has emerged as one of Dubai's premier locations for townhouse rentals. Over time, this close-knit community has evolved into a desirable residential destination, boasting a combination of apartment buildings and townhouses.
This gated residential paradise offers multiple parks, landscaped gardens, and shaded walkways. Its strategic location, near esteemed schools like Fair Green International School and Jebel Ali School, enhances the allure for families. Convenience is key here; from community centers and retail shops to entertainment districts and parks, everything is within easy reach.
Strategically located opposite Mira, en route to the Al Qudra cycle track, Town Square promises easy commutes to several key areas. Travel durations to notable locations are as follows:
Dubai Marina: 26 minutes
Downtown Dubai: 29 minutes
Mall of the Emirates: 24 minutes
Jumeirah Beach Residence: 29 minutes
Dubai International Airport: 31 minutes
The community boasts a collection of 3 and 4-bedroom townhouses across different sub-communities such as Zahra, Hayat, Safi, Noor, Naseem, and Sama. Additionally, apartment buildings with studio to 3-bedroom apartments add to the array of housing options.
Town Square is a work in progress, aspiring to become a self-contained micro-city with amenities like malls, cinemas, shops, restaurants, pools, and parks.
Convenient Access to Surrounding Communities and Attractions Town Square Dubai offers residents easy access to a host of iconic nearby communities, including Damac Hills, Mudon, Remraam, Arabian Ranches, and Dubai Sports City, all within a 15-20 minute drive.
Additionally, attractions like Dubai Miracle Garden, Global Village, Dubai Outlet Mall, Dubai Hills Mall, and IMG Worlds of Adventure are within a short drive from the community.
Town Square, renowned for its eco-friendly communities and exquisite designs, is a true gem for property seekers. This guide will showcase unique apartments and townhouses found in this haven, complete with property pricing details and highlights of its communities.
Apartments: Average price of AED 309,999
Townhouses: Average price of AED 1,549,000
Villas: Average price of AED 1,620,000
Apartments: Average price of AED 27,000/year
Townhouses: Average price of AED 120,000/year
Villas: Average price of AED 125,000/year
The first-ever Nshama community, Zahra, is meticulously designed to offer a luxurious lifestyle. Zahra Apartments in Town Square present an array of studios up to 3-bedroom units, while Zahra Townhouses consist of 1- to 3-bedroom spacious townhouses. Every property comes equipped with ceramic-tiled bathrooms and kitchens, expansive living and dining spaces, and generous natural light inflow.
Naseem Townhouses, a secure gated community in Town Square, stand out for their unique architectural design. The community embodies both a vibrant townhouse lifestyle and opulent surroundings. It offers 3- and 4-bedroom townhouses nestled amid captivating landscapes.
Situated just a heartbeat away from Town Square's bustling amenities, Samaa Townhouses offer a peaceful lifestyle. This community boasts a central park filled with facilities for family fun and fitness trails for the health-conscious. Samaa Townhouses comprise 3- and 4-bedroom units, each displaying beautiful finishes, chic interiors, and a relaxing balcony with lush green views.
Hayat Boulevard Town Square, Dubai, blends contemporary design with comfort. It offers a spectrum of dreamy 3- or 4-bedroom townhouses and apartments crafted for convenience, complemented by natural light and boasting extensive views of the community.
Designed for individuals seeking a well-balanced and affordable lifestyle, Town Square is a visionary and tranquil community filled with services and amenities. It hosts a variety of residences, making it an ideal choice for everyone, be it solo dwellers or growing families.
Nshama Town Square presents an assortment of apartments from studio to 3-bedroom units. Studio rents vary between AED 25k to AED 72k per annum, while 1-bed apartments in Zahra Apartments range from AED 33k to AED 75k per annum. For larger spaces, 2-bedroom flats span from AED 52k to AED 132k per annum, covering an area of 850 sq. ft. to 975 sq. ft.
Sales trends reveal that Town Square is a preferred location for buying townhouses and villas due to its prime city location, competitive prices, and high returns. Prices for studio apartments start from AED 315k and can go up to AED 649k, while one-bed apartments range from AED 449k to AED 1.1M. Moreover, 3-bed flats in Town Square range from AED 1.03M to AED 2.34M, with 3-bedroom villas and 4-bedroom villas priced between AED 1.48M to AED 2.4M, and AED 2.0M to AED 2.5M, respectively.
Town Square, Dubai, is rapidly emerging as a thriving real-estate hub. It houses numerous residential communities, retail spaces, hospitality centres, and recreational areas. Some key upcoming projects include:
A Public Transportation Project aimed at providing convenient transportation within and outside the community.
An upgraded healthcare infrastructure with the planned opening of the Saudi German Hospital and other medical facilities
Nshama's properties in Town Square have become highly coveted due to their superior construction, attractive prices, and wide array of lifestyle amenities. They cater to diverse buyers with offerings of both apartments and townhouses.
Commercial properties in Town Square, Dubai, offer a multitude of benefits to investors and businesses, ranging from accessibility to a flourishing demand for commercial space. The community hosts various property types, catering to businesses of all sizes. Moreover, businesses can enjoy access to high-end facilities such as banks, shopping centers, restaurants, and supermarkets, ensuring maximum visibility.
Town Square is designed to eliminate the stress of finding parking, regardless of whether you reside in an apartment or a villa. The area is also well-connected to public transportation, with several bus stops and metro stations. For those planning to travel within Town Square, a dedicated cycling track is available.
Town Square is undeniably an enticing locale for both property buyers and renters. With its wide range of affordable and luxurious residential options, flourishing commercial prospects, and bountiful amenities, it's a paradise offering a balanced lifestyle. The masterful blend of modernity and tranquillity, coupled with easy accessibility and planned enhancements, reaffirms its appeal as a thriving real estate investment destination. Whether you are a first-time property buyer, a seasoned investor, or someone seeking a serene and eco-friendly residential space, Town Square promises to cater to your needs and preferences with its diverse offerings and sustainable design.
Senior Sales Adviser of Chelsea International Properties