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This new real estate development in Dubai is being hailed as the “mid-income dream” that will be one of the most affordable properties in Dubai. If you need a confidence booster about buying or renting a house in Town Square, you must know that the CEO and COO developing the society have purchased property here for themselves as well. The Town Square is a mega project that will spread over an area of 750 acres and will have a range of townhouses, villas, and apartments. The Town Square is expected to be fully completed in the next few years with some units already being delivered as the developer finishes construction.
The master plan of Town Square includes over 21,000 townhouses, villas, and apartments to be built in the next few years. Currently, there are several rental villas in Town Square available at competitive prices. The villas that are being built and have already been built are constructed using pre-cast construction formula, which gives quality finishes. The villas for rent in Town Square have efficient designs that make optimal utilization of space with quality tiling and state-of-the-art fittings. You can go for 3-bedroom villas for rent in Town Square, while a range of 4-bedroom villas are available as well. You can take the villas in two districts named Zahra district and Hayat district.
The rents for properties in Town Square are well in the affordable range when you consider the rates in the rest of Dubai. You can easily get a spacious villa here starting from AED 95,000; truly a middle-income dream, isn’t it? The 3-bedroom Town Square villas for rent start from a yearly cost of AED 95,000 and end at AED 130,000 as you move towards villas with extra amenities and furnishing. The 4-bedroom villas for rent in Town Square cost AED 120,000 to AED 130,000 per year. The villas located closer to the park have higher rents. This is an excellent property.
The Town Square has a pretty active lifestyle in the plans. There will be a mega 37,000 square meter central park constructed in the development in three phases. The first part of the park will be completed sometime this year while the whole park is expected to be finished by 2020. You will enjoy a lot of facilities in the park that will be the size of 16 football pitches. It will have an outdoor cinema in the middle as well to cover the weekend diaries with some blockbusters. Town Square already came to life in 2017 when a few hundred units were delivered in the Zahra district.
The first and foremost reason to get the villa here is the affordable rents. The place was built to bridge the gap of 3.5 million homes needed in the region at decent prices so you won’t find better rates elsewhere. The other prominent thing about Town Square is that it doesn’t compromise on amenities regardless of the charges. The developers are already in talks with private schools to launch affordable schools here. There are hundreds of retail stores, spas, and swimming pools where you can relax and sports grounds and courts where you can stretch your body.