TownX, one of Dubai’s fastest-growing real estate developers with a project portfolio valued at AED 4 billion, has announced a major milestone for its AED 662 million Ashley Hills development. The project has reached 40% construction progress in only four months since its launch, underscoring TownX’s consistent track record of rapid delivery and strong execution.

Situated in Arjan, Ashley Hills is a flagship residential community featuring 616 units across 400,000 square feet of sellable area. The development offers a variety of spacious, contemporary apartments designed to meet the needs of families and investors seeking sustainable, modern living in one of Dubai’s most dynamic neighbourhoods.

Rapid Construction Progress Across Key Phases

TownX confirmed significant advancements across multiple construction stages, including:

In August 2025, TownX appointed Ocean Stone as the main contractor. Known for its expertise in large-scale residential projects, Ocean Stone has played a critical role in ensuring steady progress and adherence to the construction schedule.

Leadership Commentary

Haider Abduljabbar, Executive Director of TownX, remarked:

“Achieving 40% completion within just four months reflects the dedication and efficiency of our team and our contractors. This milestone reinforces our commitment to delivering Ashley Hills on schedule while maintaining the exceptional quality TownX is recognised for.”

Strategic Location and Growing Market Demand

Ashley Hills benefits from a prime location with convenient access to Sheikh Mohammed Bin Zayed Road and Al Khail Road, as well as proximity to schools, parks, retail centres, and leisure facilities. The community is positioned to meet the rising demand for high-quality residential living options in Dubai.

Since its establishment in 2017, TownX has consistently delivered projects ahead of schedule and maintained strong attention to detail. With 1,567 units delivered and 1,174 apartments currently in development, the company continues to strengthen its presence in Dubai’s real estate landscape.

TownX’s growing portfolio includes completed developments such as Easy18, Easy19, Luma21, Luma22, and Luma Park Views in JVC, alongside ongoing projects including 11 Hills Park at Dubai Science Park and Ashley Hills in Arjan.

TownX Ashley Hills Dubai real estate development Arjan residential project construction milestone Dubai Ocean Stone contractor UAE property news Dubai housing market TownX developments