The Nshama Group development company has launched a new phase of the Town Square community called Shams, which will be the 8th phase of the project, and will offer 220 spacious townhouses.

Properties in Shams include three and four-bedroom townhouses, with living areas ranging from 2,100 sq. ft to 2,300 sq. ft, with starting prices for three-bedroom townhouses in the Shams development constituting AED 1.7M (USD 463K). The development payment plan is 50/50 upon handover, with a down payment of only 10% plus the 4% DLD fee.

Townhouses in Shams are designed in a modern style and are distinguished by an abundance of light and spacious rooms, which are perfect for families with children. At the moment the luxury residential development is under construction, and has an anticipated date of completion in the third quarter of 2024. Service charges in the Shams Townhouse community constitutes AED 3 (USD 1) per sq. ft.

The Town Square residential neighbourhood is a gated self-contained community which will provide various amenities to the residents of Shams Townhouses. The project is located in the southwestern part of the emirate, at the intersection of Al Qudra Road and Emirates Road. The area occupies over 32,000,000 sq. ft and has a well-developed infrastructure with parks, retail outlets, dining options, children’s playgrounds, landscaped gardens, residential and visitor parking, and much more.

It is expected that around 85,000 people will live in the Town Square community by 2025. The community is one of the most popular areas for renting townhouses, villas and apartments at affordable prices, which guarantees a high return on investment rate. In addition, the Town Square complex is situated a 20-minute drive from the EXPO 2020 site, which only adds to the popularity among residents and investors.

Nshama Group was founded in 2014 and is a young, yet popular developer in the UAE, and Town Square is the flagship project of the development company. Nshama Group provides affordable real estate, which has a fairly high profitability rate.