Shams Townhouses is the 8th phase of the Town Square residential community. The newly launched complex will comprise 220 modern townhouses with living areas ranging from 2,100 sq. ft to 2,300 sq. ft. The spacious properties with 3 and 4 bedrooms will be designed in a modern style and will provide an abundance of free space.
Nshama Group is the development company behind the Shams residential complex, and the Town Square community is the flagship project by the developer. At the moment Shams Townhouses are under construction with the anticipated date of completion set to be in the third quarter of 2024.
The minimum cost for buying a 3-bedroom townhouse with spacious layouts in the Shams sub-community constitutes AED 1,700,000 (USD 463,000). The Nshama Group development company also offers a flexible payment plan for buyers and investors.
Service charges in the Shams development constitute AED 3 (USD 1) per sq. ft.
The Shams Townhouses residential complex has a strategic location in the southwestern part of the emirate of Dubai, at the intersection of Al Qudra Road and Emirates Road, which provides residents easy access to other districts within the city. Travel time to Al Maktoum International Airport will take about a 30-minute drive, while Dubai International Airport can be reached within 50-minutes by car. Neighbouring districts of Sham Townhouses include Layan, Mudon, Arabian Ranches 2 and Remraam. Travelling to the central district of Dubai; Downtown Dubai, as well as the main business hub of the emirate Business Bay, will take about a 30-minute drive.
The Shams Townhouses complex is a part of the Town Square neighbourhood, which is a self-contained community with an area of more than 32,000,000 sq. ft. The complex is gated, therefore residents of the townhouses benefit from a high level of security in Shams. Town Square offers residents a well-developed infrastructure and numerous facilities such as a Starbucks, KFC, a Spinneys supermarket, children’s playgrounds, a recreational park, the Town Square Cinema, tennis court, retail outlets, parking, and much more.
Plantation Equestrian and Polo Club, Trump International Golf Club with a state-of-the-art golf academy in the community of DAMAC Hills, as well as Hamdan Sports Complex, which hosts different sports events and regular international competitions, are within a 10-15 minute drive from Shams Townhouses.
The Shams Townhouses residential complex in the Town Square community is targeted towards families with children due to their spacious layouts and plenty of amenities. Properties in the development are suited not only for living, but also as a profitable investment. The starting rental price for a 3-bedroom townhouse in the Town Square community constitutes AED 94,000 (USD 25,600) per annum, therefore, the estimated ROI will be at 5-6%.
It is expected that about 85,000 people will live in the Town Square neighbourhood by 2025. In addition, the community is one of the most popular projects for renting villas and townhouses at affordable prices, which guarantees a high return on investment rate and high demand among tenants.
By purchasing real estate in the Shams residential complex, owners will be eligible to apply for a 3-year investor visa, which allows for a family sponsorship, including spouse, children, and parents. The visa also provides benefits such as the right to reside in the UAE, acquire a UAE driving license, open a bank account, and much more.
Highly-skilled specialists at Metropolitan Premium Properties will help you to purchase modern and spacious townhouses in the newly launched 8th phase of the Town Square community – Shams. Our company provides a full range of services related to real estate including selling, renting and buying property in the emirate of Dubai.
We can also help you to create a long-term income in the future from the purchased property with the help of our property management service. This type of service includes real estate valuations, setting a rental price, repairs, tenant screening, marketing services, legal issues, payments management, and much more. The Metropolitan Premium Properties company has over 269 property management projects in their portfolio.
Sign up for our weekly newsletter for market updates!