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TownX launches new $180mln residential project in Dubai
TownX launches new $180mln residential project in Dubai

Zawya

time23-07-2025

  • Business
  • Zawya

TownX launches new $180mln residential project in Dubai

TownX, a UAE-based real estate developer, has announced the launch of its new residential project, Ashley Hills, in Dubai. Located on one of Arjan's largest land plots, the AED662 million ($180 million) development covers over 400,000 sq ft of sellable area and is set to be a key addition to the Dubai real estate market. According to TownX, Ashley Hills will feature 616 residential units designed to cater to families and investors looking for quality living spaces. It offers a variety of apartment types, each designed with spacious interiors and modern amenities, making it an attractive option for a wide range of buyers. Situated in one of Dubai's rapidly developing districts, Arjan offers strong connectivity to major roads, including Sheikh Mohammed Bin Zayed Road and Al Khail Road. The area's growing infrastructure, which includes schools, retail centres, parks, and recreational facilities, makes it an ideal location for residents seeking convenience and lifestyle, said the developer. Haider Abduljabbar, the Executive Director of TownX, said: "The launch of Ashley Hills represents our ongoing commitment to developing high-quality, accessible communities in emerging neighbourhoods like Arjan. With its strategic location and focus on modern design and sustainable building practices, this project will offer a solid investment opportunity while meeting the growing demand for residential options in this area." The Emirati developer is offering two flexible payment plans to make purchasing more accessible - a 40/60 payment plan, with 40% due during construction and 60% upon handover; and a 70/30 payment plan, with 70% due during construction and 30% at handover. Since its inception in 2017, TownX said it has focused on delivering projects ahead of schedule and with attention to detail. "With over 1,774 units delivered and 2,125 apartments currently in development, the company continues to expand its footprint in Dubai's real estate market. Ashley Hills is another milestone in TownX's efforts to create residential communities that meet the needs of modern families while delivering long-term value," stated Abduljabbar. Other key developments delivered by TownX include Easy18, Easy19, Luma21 and Luma22 in JVC. Ongoing projects include 11 Hills Park at Dubai Science Park and Luma Park Views in JVC, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

TownX launches AED 662mln Ashley Hills project on one of Arjan's largest plots
TownX launches AED 662mln Ashley Hills project on one of Arjan's largest plots

Zawya

time23-07-2025

  • Business
  • Zawya

TownX launches AED 662mln Ashley Hills project on one of Arjan's largest plots

Dubai, UAE – TownX, one of Dubai's fastest-growing real estate developers with an AED 4 billion project portfolio, has announced the launch of its new residential project, Ashley Hills. Located on one of Arjan's largest land plots, the AED 662 million development covers over 400,000 square feet of sellable area and is set to be a key addition to the Dubai real estate market. The project will feature 616 residential units designed to cater to families and investors looking for high-quality living spaces. Ashley Hills will offer a variety of apartment types, each designed with spacious interiors and modern amenities, making it an attractive option for a wide range of buyers. Situated in one of Dubai's rapidly developing districts, Arjan offers strong connectivity to major roads, including Sheikh Mohammed Bin Zayed Road and Al Khail Road. The area's growing infrastructure, which includes schools, retail centres, parks, and recreational facilities, makes it an ideal location for residents seeking convenience and lifestyle. Haider Abduljabbar, Executive Director of TownX, said, 'The launch of Ashley Hills represents our ongoing commitment to developing high-quality, accessible communities in emerging neighbourhoods like Arjan. With its strategic location and focus on modern design and sustainable building practices, this project will offer a solid investment opportunity while meeting the growing demand for residential options in this area.' The project will offer two flexible payment plans to make purchasing more accessible: a 40/60 payment plan, with 40% due during construction and 60% upon handover; and a 70/30 payment plan, with 70% due during construction and 30% at handover. Since its inception in 2017, TownX has focused on delivering projects ahead of schedule and with attention to detail. With over 1,774 units delivered and 2,125 apartments currently in development, the company continues to expand its footprint in Dubai's real estate market. Ashley Hills is another milestone in TownX's efforts to create residential communities that meet the needs of modern families while delivering long-term value. Other key developments delivered by TownX include Easy18, Easy19, Luma21 and Luma22 in JVC. Ongoing projects include 11 Hills Park at Dubai Science Park and Luma Park Views in JVC. About TownX Founded in 2017, TownX is a Dubai-based real estate developer with a project portfolio valued at AED 4 billion. Driven by a team of 350 employees, the company has delivered over 1,774 units to date. TownX is currently developing 2,125 apartments and has completed 1,036,000 square feet of premium living space. With a focus on family-oriented communities, the company designs spaces that cater to all generations. TownX prioritises premium quality by incorporating high-end finishes, energy-efficient designs, and spacious interiors. Above all, the company is committed to an exceptional user experience, ensuring that each project enhances the daily lives of its residents. Key developments delivered include Easy18, Easy19, Luma21 and Luma22 in JVC. Ongoing projects include 11 Hills Park at Dubai Science Park and Luma Park Views in JVC. For media enquiries, please contact: Keel Comms support@

Author Archives: Haider Abduljabbar
Author Archives: Haider Abduljabbar

Arabian Business

time20-06-2025

  • Business
  • Arabian Business

Author Archives: Haider Abduljabbar

Haider Abduljabbar is an accomplished real estate professional with over two decades of experience in the industry. Starting his career in the UK in 2001, he brought his expertise to Dubai in 2007, where he has since established himself as a key figure in both management and development. Throughout his career, Haider has held various leadership roles in real estate management, development, and construction, overseeing more than 400 properties in a property management capacity. He has also served as a board member for several management companies, further solidifying his extensive leadership and governance experience. Since joining TownX in 2017, Haider has played a pivotal role in the company's growth and success. He currently leads a large team of development and sales professionals, driving exceptional sales performance across the organization. Under his guidance and supervision, TownX has so far achieved more than AED 1.5 billion in sales, delivering projects ahead of schedule. Haider possesses in-depth knowledge of the Dubai real estate landscape, which allows him to connect seamlessly with C-level executives, government authorities, and key stakeholders. His strong background in stakeholder management, combined with his understanding of local market dynamics, makes him a trusted leader within the industry. An engineering graduate from Kingston University, UK, Haider combines his technical expertise with practical industry experience to drive success at TownX. Dubai's housing strategy works for the 1% – and the 99% by Haider Abduljabbar Cities like London and New York have witnessed similar dualities but struggle with affordability crises and fragmented policy responses

TownX partners with Knight Frank for exclusive retail space at Luma Park Views
TownX partners with Knight Frank for exclusive retail space at Luma Park Views

ME Construction

time17-06-2025

  • Business
  • ME Construction

TownX partners with Knight Frank for exclusive retail space at Luma Park Views

Property TownX partners with Knight Frank for exclusive retail space at Luma Park Views By Luma Park Views boasts modern retail spaces designed to meet the demands of today's market, and features dedicated car parking and electric vehicle (EV) charging stations Developer TownX has signed an exclusive agreement with global real estate consultancy Knight Frank to lease over 20,000sqft of prime retail space at Luma Park Views, located in Jumeirah Village Circle (JVC), Dubai. According to a statement, Knight Frank will serve as the exclusive leasing partner for the entire retail component of this development. Founded in 2017, TownX has so far delivered over 967 units and is currently developing 2,125 apartments, including projects like Easy18, Easy19, Luma21, and Luma22 in JVC, as well as 11 Hills Park at Dubai Science Park. Luma Park Views boasts modern retail spaces designed to meet the demands of today's market, and features dedicated car parking and electric vehicle (EV) charging stations amenities that underscore the development's commitment to convenience and sustainability. Haider Abduljabbar, Executive Director of TownX commented, 'Partnering with Knight Frank for the exclusive leasing of retail space at Luma Park Views is a significant step in our vision to deliver integrated, community-focused developments. Our commitment to quality, sustainability, and user experience is reflected not only in our retail offerings but also in our broader project portfolio, including our recent Arjan acquisition which will further enrich Dubai's evolving real estate landscape.' Daniel Rosso, Senior Manager, Retail Commercial Agency, Knight Frank added, 'Our exclusive partnership with TownX reinforces Knight Frank's commitment to providing exceptional retail leasing solutions in Dubai's rapidly expanding communities. Luma Park Views offers a strategic location with cutting-edge facilities that cater to evolving retail needs, and we are excited to bring quality tenants to this new destination.' TownX is set to unveil a premium retail space exceeding 30,000sqft at 11 Hills Park, a development taking shape in Dubai Science Park. The project promises to captivate with its features, including two sky pools, two gyms, and 558 residential units. Completion of this project is anticipated in the first quarter of 2027. The developer recently acquired one of Arjan's land plots, valued at US $29.92mn, spanning 400,000sqft of sellable area. The acquisition is said to underscore TownX's commitment to its growth strategy and its dedication to crafting residential communities beyond the conventional prime locations of Dubai.

Dubai real estate: TownX, Knight Frank sign new deal for 20,000 sq ft of retail space at Luma Park Views
Dubai real estate: TownX, Knight Frank sign new deal for 20,000 sq ft of retail space at Luma Park Views

Arabian Business

time10-06-2025

  • Business
  • Arabian Business

Dubai real estate: TownX, Knight Frank sign new deal for 20,000 sq ft of retail space at Luma Park Views

TownX has signed an agreement with Knight Frank to lease over 20,000 square feet of retail space at Luma Park Views in Jumeirah Village Circle, Dubai. The real estate developer operates a project portfolio worth AED 4 billion. TownX, Knight Frank partnership Knight Frank will serve as the leasing partner for the retail component of the development. The consultancy will handle leasing across the retail spaces at the JVC location. Luma Park Views includes retail spaces with car parking and electric vehicle charging stations. The development incorporates sustainability features alongside convenience amenities. 'Partnering with Knight Frank for the exclusive leasing of retail space at Luma Park Views is a significant step in our vision to deliver integrated, community-focused developments. Our commitment to quality, sustainability, and user experience is reflected not only in our retail offerings but also in our broader project portfolio, including our recent Arjan acquisition which will further enrich Dubai's evolving real estate landscape,' Haider Abduljabbar, Executive Director of TownX said. TownX will offer retail space exceeding 30,000 square feet at 11 Hills Park in Dubai Science Park. The development features two sky pools, two gyms, and 558 residential units. Completion is scheduled for Q1 2027. The developer acquired one of Arjan's land plots for AED 110 million. The plot covers 400,000 square feet of sellable area. The acquisition forms part of TownX's expansion strategy beyond Dubai's established locations. 'Our exclusive partnership with TownX reinforces Knight Frank's commitment to providing exceptional retail leasing solutions in Dubai's rapidly expanding communities. Luma Park Views offers a strategic location with cutting-edge facilities that cater to evolving retail needs, and we are excited to bring quality tenants to this new destination,' Daniel Rosso, Senior Manager – Retail Commercial Agency, Knight Frank added. TownX was founded in 2017 and has delivered 967 units to date. The company is developing 2,125 apartments across projects including Easy18, Easy19, Luma21, and Luma22 in JVC, plus 11 Hills Park at Dubai Science Park.

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