Real estate developer TownX, with an AED4 billion project portfolio, has obtained one of Arjan’s largest land plots, covering 400,000 square feet of sellable area. Valued at AED110 million, this purchase marks a noteworthy milestone as it plans to develop a new landmark residential community that will set new standards for quality, design, and lifestyle in one of Dubai’s most sought-after emerging neighbourhoods.
Arjan has rapidly transformed from a peripheral location into one of Dubai’s key residential and mixed-use hubs. Its appeal is driven by a balance of affordability, accessibility, and lifestyle offerings, making it a vibrant community for residents seeking both convenience and quality of life. The district’s development momentum continues to accelerate, with TownX’s acquisition of one of Arjan’s largest plots further underlining the neighbourhood’s rise in importance.
Haider Abduljabbar, Executive Director of TownX, said, “This acquisition is a testament to TownX’s vision and confidence in Dubai’s vibrant real estate market. Arjan’s evolving neighbourhood character aligns perfectly with our focus on building inclusive, liveable communities designed to enrich the daily lives of our residents. We plan to leverage our deep expertise in quality construction, energy-efficient design, and premium finishes to create a destination that resonates with modern families seeking both comfort and connectivity.”
Haider added, “Our commitment extends beyond brick and mortar. We aim to foster a community where residents can thrive, engage, and build lasting memories. This project will be a showcase of TownX’s core values, emphasizing spacious, bright interiors and sustainable building practices that reduce environmental impact while enhancing user experience.”
Since its inception in 2017, TownX has established a reputation for delivering projects ahead of schedule without compromising on quality or attention to detail. Driven by a team of 350 employees, TownX has delivered over 967 units to date. The company is currently developing 2,125 apartments and has completed 1,036,000 square feet of premium living space.
