Town Square extends its success with unprecedented 50:50 payment plan for unbeatable opportunity to own homes

Sunday 29 May 2016

Dubai – MENA Herald: Town Square, the trendy lifestyle development in Dubai by Nshama that offers ‘live at your price’ homes, extended its success by unveiling new residences with its most attractive payment plan that offers the convenience of purchasing a home, with only half the total value to be paid before hand-over.

The unprecedented Town Square, 50:50 payment plan allows homeowners the convenience of paying the first half of the total value of the home over a convenient period of two years in easy installments, with the balance 50 per cent to be paid in ten years plus, financed by Noor Bank. The plan assures that any middle-income professional can now own a home in one of the most sought-after neighbourhoods in Dubai.

With the first Town Square townhouses residences set for hand-over next year and work progressing at a brisk pace as per schedule, Town Square is bringing an unbeatable value proposition for customers. They can now own a Warda II home by paying only from AED 611,888 for one-bedrooms, AED 827,888 for two-bedrooms and AED 1,231,888 for three-bedrooms.

The new Town Square residences, Warda II apartments, are defined by exceptional amenities including a large gymnasium, a wide range of surrounding sports facilities including squash courts and basketball half-court, and a dedicated park with children’s play area and retail.

Set in the heart of the trendy neighbourhood, Warda II homes are designed to enhance the wellness of residents while promoting family living with a cultural centre, community centre and an exclusive retail promenade.

Fred Durie, Chief Executive Officer of Nshama, said: “The 50:50 payment plan option on the newly unveiled apartments in Town Square is a true testament to our commitment to providing the opportunity for more people to shift to owned homes in Dubai at extremely competitive rates. We listen to our customers and tailor our packages to meet their real aspirations, thus complementing the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to strengthen affordable housing projects.”

He added: “This unparalleled offer means that Town Square is now among the most affordable homes in the city, with the further value addition for residents to become part of a trendy neighbourhood like no other. It has never been this easy and convenient to buy a home in Town Square.”

Town Square’s Warda II apartments are located centrally in the vibrant 750-acre (31 million sq ft) development anchored by a central square, the size of 16 football fields, and featuring a range of lifestyle choices including Vida Town Square Dubai hotel and a Reel Cinemas cineplex and open-air cinema.
The apartments are thoughtfully designed with living and dining areas basking in abundant natural light and assuring open flexible space for a truly modern lifestyle. The rooms have soothing tiled floors; the bedrooms have sound-proof windows, in-built wardrobes and an en-suite bathroom. District cooling and high-speed data connectivity add to the convenience. Parking for vehicles is centrally located at a special podium that is ringed by the apartments.

For more details, visit www.nshama.ae or call: 800 674262 (toll free UAE) or +971 4607 8990 (international). The Town Square Visitor Centre on Mohammed Bin Rashid Boulevard in Downtown Dubai will have representatives of financial institutions for easy document processing. The Centre is open daily from 10am to 7pm from Saturday to Thursday, and from 2pm to 7pm on Friday.

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