The flagship development at Nshama’s Town Square project in Dubai has taken a further step forward with the construction contract for its Zahra and Hayat Townhouses awarded to Gulf Beaver Group.
“Town Square is now taking concrete shape with work on the project ongoing ahead of schedule,” said Fred Durie, Nshama chief executive.
“The contract with Beaver Gulf for the construction of the Zahra and Hayat Townhouses is another milestone highlighting our commitment to timely delivery.”
Town Square is a 750-acre development with a central square equivalent to 16 football pitches. It is located near Arabian Ranches and is planned to feature more than 3,000 townhouses and 18,000 apartments.
The townhouses were launched earlier this year, with three-bedroom units starting at Dh999,998.
Mr Durie added that both communities had gained “tremendous response from end-user customers”.
Last month, Nshama awarded contracts for the Zahra and Safi apartment blocks to Dubai-based United Engineering Co (Unec), marking the first stage of construction of the Town Square project.
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Asia Cup Qualifier
Final
UAE v Hong Kong
TV:
Live on OSN Cricket HD. Coverage starts at 5.30am
Company Profile
Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
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25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press
Real Madrid 1
Ronaldo (87')
Athletic Bilbao 1
Williams (14')
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Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
Stan Lee
Director: David Gelb
Rating: 3/5
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