Tasmeer Indigo Properties, the renowned real estate development firm operating under the visionary guidance of Dr. Aman Kassim, today reveals the successful sales campaign of its new UAE development project, SquareX Residence.  This project is the latest from Tasmeer Indigo Properties, a company that is fast becoming synonymous with quality of product and impressive market demand. SquareX Residence has been masterfully conceived to cater to the real lifestyle needs of the young Dubai community with thoughtfully designed amenities and relevant collaborations with two full floors of amenities. This empowering focus on the lifestyle needs of the end user is paying dividends for Tasmeer, who confirm that over 70% of the project is now sold.

Located in Jumeirah Village Circle, SquareX Residence is a meticulously designed, 170-unit residential project offering studios, one-, two- and three-bedroom apartments, with plans to revolutionize urban living for the contemporary era. All its aesthetically appealing spaces have been carefully researched to cater to the diverse needs of millennials and Gen Z investors and tenants. Instead of wall-to-wall ‘luxury’, the project offers amenities that meaningfully connect with residents and cover all aspects of modern living including lush landscaping and zen gardens, infinity pools and trend-led fitness centres, kids play areas, splash park, VR and gaming rooms, an inspiring co-working space, library and Club House. All elements are supported by dedicated maintenance services in a location with easy access to Dubai’s financial, entertainment and transport hubs. Sustainability is also at the heart of the SquareX Residence concept, with hollow insulation, sound proofing for energy conservation, natural airways of 30%, the use of hydroponic technology in landscaping, and EV charging stations.

Khyzer Altaf, President, Tasmeer Indigo Properties comments, “Dubai’s property market surged in 2024, with a 30% year-on-year growth in transactions, setting new records in sales, prices, mortgages and launches. Of the sales, over 10,000 took place in Jumeirah Village Circle, underscoring its status as one of Dubai’s most active real estate hot spots. Tasmeer Indigo Properties has a robust vision for its future, with a 500,000 sq ft. pipeline and with the ambition to achieve five million sq ft. of development in the next five years.

He continues, “There is demonstrably strong appetite for real estate products that cater to the unique needs of the younger communities in Dubai, moving away from the over-used and bland notion of ‘luxury’, and instead focused on connection, community and tightly curated lifestyle experiences for balance, convenience and vibrant social moments. We expect to complete our sales phase of the project soon and look forward to our further announcements in Q1 2025.”