UAE-based real estate developer Nashma has announced plans to hand over 5,000 additional residential units in Town Square Dubai during 2019, raising the total number of delivered units to over 6,600, Invest-Gate reports.

Town Square Dubai, which spans across 750 acres, is expected to be home to more than 18,000 people by the end of this year, according to the company’s official statement on April 18.

“As the pioneering master-planned development in Dubai focused on offering homes for families through attractive payment plans, Town Square Dubai has set the standards in residential developments for families,” Nashama’s CEO Fred Durie said.

“With the homes recording strong demand, investors are assured of strong returns and rental yields while residents become part of a full-fledged lifestyle community,” he added.

Additionally, the first residential building overlooking the 50,000-square-meter Town Square Park is scheduled to be delivered in September 2019.

Located in a close proximity to Al Maktoum International Airport and Dubai International Airport, the project features a wide range of facilities including a gym, a pool in every building, a tennis court, and a recreational park along with several retail amenities, food and beverage (F&B) outlets, daycare centers, schools, and healthcare services.