Foundation of the Company
TownX, a prominent real estate developer, was established in 2010 by a group of seasoned professionals with over two decades of combined experience in real estate and construction. The founders aimed to create a company focused on quality and innovation in the building sector.
Ownership and Structure
TownX owns a diverse portfolio that includes residential, commercial, and hospitality properties. The company’s structure encompasses development, architectural design, property management, and marketing departments. Additionally, TownX has invested in smart home technologies and sustainable construction practices, offering modern and eco-friendly solutions to its clients.
Construction Locations
TownX primarily constructs its projects in key areas of Dubai, including
Dubai Marina,
Downtown Dubai, and Jumeirah. The company is also expanding into emerging districts such as
Dubai South and
Business Bay, leveraging the rapid growth of infrastructure projects and transportation hubs in these regions.
Investment Attractiveness
Properties developed by TownX exhibit high investment attractiveness. The average rental yield ranges between 7-9% annually, surpassing the market average. Strategic locations and high construction standards ensure that TownX’s real estate maintains high liquidity and consistent value appreciation.
Completed Projects
One of the flagship projects is the
Skyline Towers residential complex in
Dubai Marina, comprising 50 luxury apartments. Another successful project is
Green Plaza in
Dubai South, which earned the LEED certification for its environmental sustainability. Additionally, TownX developed the
Business Hub commercial center in
Business Bay, providing state-of-the-art office spaces for international companies.
Contact Ferrocom Real Estate today to begin your search for your perfect property in the TownX Development