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Real Estate 1 min read 41 views

TownX Acquires Major Land Plot in Arjan for AED 110 Million, Expanding AED 4 Billion Dubai Project Portfolio

TownX, a rapidly expanding real estate developer in Dubai, has acquired one of the largest land plots in Arjan for AED 110 million. Spanning 400,000 square feet of sellable area, this strategic acquisition bolsters the company’s AED 4 billion project portfolio and sets the stage for a landmark residential development in one of Dubai’s most dynamic emerging neighbourhoods.

Arjan, once considered a peripheral district, has evolved into a prime residential and mixed-use destination. With convenient access to Sheikh Mohammed Bin Zayed Road and Al Khail Road, and a growing range of community amenities—including schools, parks, retail outlets, and leisure spaces—the area is increasingly attracting families and investors seeking value, lifestyle, and accessibility.

TownX’s new project in Arjan will aim to raise the benchmark for modern living, offering a mix of residential units with a focus on spacious layouts, high-end finishes, energy-efficient design, and community-centric facilities. This latest development is expected to further reinforce Arjan’s reputation as a rising residential hub.

“This acquisition is a testament to TownX’s vision and confidence in Dubai’s vibrant real estate market,” said Haider Abduljabbar, Executive Director of TownX. “Arjan’s evolving neighbourhood character aligns perfectly with our mission to build inclusive, liveable communities. We’re committed to designing environments where residents can thrive and create lasting memories.”

The upcoming development will reflect TownX’s commitment to sustainability, quality construction, and user-focused living experiences. The project is expected to include landscaped gardens, recreational areas, and state-of-the-art amenities tailored for families and multigenerational residents.

Since its founding in 2017, TownX has built a strong reputation for delivering projects ahead of schedule without compromising on quality. With 967 units already delivered, the company is currently developing 2,125 apartments and has completed more than 1 million square feet of premium residential space.

TownX's completed projects include Easy18, Easy19, Luma21, and Luma22 in Jumeirah Village Circle (JVC), while ongoing developments such as 11 Hills Park at Dubai Science Park and Luma Park Views in JVC highlight the firm’s continued focus on well-connected, family-oriented communities.

The acquisition of this major plot in Arjan underscores TownX’s strategic vision of identifying and investing in high-potential areas outside traditional prime locations, offering homebuyers lifestyle-driven alternatives with strong long-term value.

TownXArjan DubaiDubai real estateresidential development Dubaiproperty investment UAEnew housing Dubaisustainable communitiesDubai developersfamily-friendly housingDubai urban growth

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