Town Square Dubai by Nshama has launched Rawda 2 apartments that are located right by the expansive Town Square Park, and offering effortless access for residents to the Reel Cinemas cineplex, and a retail precinct with over 500 retail and F&B outlets in addition to a range of leisure attractions.
With views also opening to the Courtyard and Town Square Boulevard, Rawda 2 comes with an even more affordable choice for home-buyers, with only 10 per cent upfront payment needed, and the fifth instalment to be paid only upon 100 per cent completion. The remaining 40 per cent of the total value of the residence may be paid over two years.
This means, residents can check into their own homes, and make the rest of the payments over the next two years. The second and third instalments of 15 per cent each are also conveniently paced apart at six-month intervals, while the fourth instalment of 10 per cent comes 18 months from now, after the 50 per cent construction milestone is achieved.
The launch of Rawda 2 comes at an exciting phase in the evolution of Town Square Dubai, which has already handed over its first homes, the Zahra townhouses. Already a thriving neighbourhood with attractions such as a skate park popular among young visitors and families from across the UAE, Town Square Dubai is set to hand over several other residential communities in the coming months including the Hayat Townhouses.
Fred Durie, CEO of Nshama, said: “Town Square Dubai has indeed come to life with the first residents moving in, the parks greeting families, and the cycling track serving as their preferred outdoor pursuit. We have put in place a robust infrastructure including one of the largest district cooling facilities serving the community and work on the Town Square Central Park is progressing at brisk pace. Rawda 2 apartments have a prime place in Town Square, set by the park, with homes opening to green, landscaped vistas, and residents stepping out to a vibrant lifestyle hub.”
He added: “Considering the significant demand for homes in Town Square Dubai, which has delivered on our ‘live life at your price’ promise, we are offering an attractive payment plan that will add to the convenience of homebuyers. The payment schedule is paced out with their best interests in mind, and home-owners can take possession before paying 40 per cent of the total price. This is a unique value proposition whereby customers can save the money they would otherwise spend as rent in their own homes.
A 750-acre trendy development, Town Square Dubai had earlier launched Rawda 1 apartments to strong investor response. Rawda 2 also features 1, 2 and 3-bedroom apartments in average sizes of 600, 850 and 1,300 sq ft, respectively, in four residential buildings. Among the lifestyle amenities that await residents include a swimming pool, children’s pool, modern gymnasium, changing areas, showers, common area, kids’ playground and game areas. All apartments are thoughtfully designed with modern fittings and elegant interiors.
In addition to the 500,000 sq m Town Square Park and the retail precinct spread over an area of over 230,000 sq m, Town Square features 10 km of green jogging trails, 12 km cycling trails, over 260,000 sq m of green areas and 8,000 sq m of sports areas.
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.