Nshama, a private developer of integrated lifestyle communities, has announced the launch of its elegant townhouse community, featuring three- and four-bedroom homes, within its thriving neighbourhood Town Square Dubai.

The new project - Naseem - assures home-owners the ‘live life at your price’ value proposition delivered by the trendy neighbourhood.

The UAE developer said Naseem townhouses have been launched to strong investor response following the significant market demand for the affordable homes in Town Square Dubai.

These homes are set in a private, gated community with access to parks, cycling tracks, landscaped gardens and a vibrant boulevard, it stated.

According to Nshama, Town Square Dubai is already a thriving neighbourhood with the first residents moving into the Zahra townhouses.

With immaculately laid streets, aesthetic landscapes, leisure attractions including a skating park and the Town Square Park currently being readied, the 31-million-sq-ft development is today regarded as setting the benchmark in affordable, owned-home living, it stated.

On the new project, CEO Fred Durie said: "With effortless accessibility, a focus on promoting active outdoor pursuits and our commitment to assuring strong value for our customers, Town Square Dubai is today one of the most sought-after residential destinations by families and professionals in Dubai."

"Naseem townhouses offer opportunity to be part of this vibrant community assuring a feel-at-home and relaxed lifestyle choice for residents," stated Durie.

"Demand for villas and townhouses continues to be robust in Dubai and Naseem serves as the perfect destination to invest in affordable houses that assure strong returns. The strong response underlines the demand for our residential launches in Town Square Dubai," he added.

Naseem, stated Durie, stands out for its effortless access from the entrance of Town Square Dubai and Al Qudra Street.

"One can choose from three and four-bedroom townhouses, offered in four distinctive styles and layouts. The three-bedroom units, which have been priced from Dh1.23 million ($334,830) onwards, boasts a maximum built-up area of about 2,153 to 2,241 sq ft, while the four-bedroom residences have a maximum built up area of 2,446 sq ft. All homes have private backyard gardens as well as covered parking spaces," he stated.

Nshama said an attractive payment scheme has been made available to the customers.

Under this scheme, they only have to make a five per cent down payment. Subsequently, they get to benefit from the 50:50 payment plan whereby homeowners pay the rest 45 per cent the total value of the home over two years in five easy instalments, and the rest of the 50 per cent to be paid only after 100 per cent construction.

"This ensures that families can buy into Town Square Dubai and scale up their lifestyle by moving from rented houses to owned homes," remarked Durie.

"Among other attractions in close proximity are the 50,000-sq-m Town Square Park, a boutique hotel, cineplex, and a 2.5 million sq ft retail precinct with over 500 retail and F&B outlets in addition to a range of leisure attractions," he noted.

Promoting an ubran lifestyle, the amenities in Town Square Dubai include open air cafes, healthcare centres, schools, outdoor sports areas for basketball, football and tennis, and gyms, he added.

Town Square is conveniently situated near Al Barsha, in easy proximity to popular malls, the Al Maktoum International Airport, which is less than 20 minutes away, and the popular Al Qudra cycle track. It is also near the Arabian Ranches Golf Course, Dubai Polo & Equestrian Club and the site of Expo 2020 Dubai.-TradeArabia News Service