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DUBAI / EMIRATES BUSINESS
A trendy lifestyle at ‘your own price’ is taking tangible shape as Nshama unveiled the first-look of the townhouses, ready to welcome its residents in 2017, at Town Square, Dubai’s one-of-its-kind smartly designed, stylish green neighbourhood.
At a special preview, Nshama revealed Zahra Townhouses, which have been launched to overwhelming investor response. The thoughtfully designed homes will be ready for occupancy next year bringing to life the unbeatable ‘Town Square’ lifestyle.
Fred Durie, Chief Executive Officer of Nshama, said, “We have maintained a clear timeline and adhered to it ever since we launched Nshama’s flagship project, Town Square, in 2015. As the first affordable lifestyle community in Dubai, it sets industry benchmarks for the standards that we uphold. With every lifestyle amenity in close proximity, Town Square will be a sought-after residential destination in the city, enabling the city’s residents to move from a rental model to owned homes.â€
Nshama has commenced work on 1,050 townhouses and 1,100 apartments in addition to other infrastructure work. Among the first contracts awarded was for undertaking grading works for the entire 750-acre (31 million sq ft) development to Al Naboodah Contracting Co LLC. The deep services work is being undertaken by Binladin Contracting Group.
Following the launch of the Zahra and Hayat Townhouses, Nshama awarded the construction contract to Beaver Gulf Group, a construction company with proven industry experience in high-quality construction projects.
As part of its focus on delivering a fully-integrated and amenity-rich neighbourhood that offers residents all modern comforts, Nshama has appointed Emaar District Cooling (EDC), a leading provider of full-spectrum services, as the sole provider of district cooling services for Town Square.
EDC will be the exclusive provider of district cooling services for a period of 30 years. The company will construct, commission and operate the plant and equipment, with the district cooling plant to be built on land leased on a Musataha arrangement basis with Nshama. EDC will also manage the supply of the service to end-users including billing and maintenance.
Further, Al Dharis SPF, a regional leader in the installation and supply of liquefied petroleum gas (LPG), has been awarded the contract for the design, construction and supply of LPG to the residential units that are currently being constructed as per schedule.