TownX Partners with Knight Frank to Lease 20,000+ Sqft of Retail Space at Luma Park Views in JVC

Real Estate

TownX Partners with Knight Frank to Lease 20,000+ Sqft of Retail Space at Luma Park Views in JVC

Dubai-based real estate developer TownX has announced a strategic partnership with global real estate consultancy Knight Frank to lease over 20,000 square feet of prime retail space at its flagship development, Luma Park Views, located in Jumeirah Village Circle (JVC).

Under the agreement, Knight Frank will serve as the exclusive leasing partner for the entire retail component of the project, bringing its global expertise and network to secure high-quality retail tenants for the development.

Luma Park Views offers modern retail spaces that prioritize convenience, sustainability, and community integration. The development features dedicated car parking, EV charging stations, and a thoughtfully designed layout that aligns with Dubai’s growing demand for eco-conscious and lifestyle-centric commercial environments.

Reinforcing Sustainable, Community-Centric Urban Development

Haider Abduljabbar, Executive Director of TownX, remarked:

“Partnering with Knight Frank for the exclusive leasing of retail space at Luma Park Views is a significant step in our vision to deliver integrated, community-focused developments. Our commitment to quality, sustainability, and user experience is reflected not only in our retail offerings but also in our broader project portfolio, including our recent Arjan acquisition which will further enrich Dubai’s evolving real estate landscape.”

Luma Park Views adds to TownX’s rapidly growing AED 4 billion project portfolio, which includes notable developments such as Easy18, Easy19, Luma21, Luma22, and 11 Hills Park at Dubai Science Park.

Knight Frank to Elevate Retail Leasing Experience

Daniel Rosso, Senior Manager - Retail Commercial Agency at Knight Frank, commented:

“Our exclusive partnership with TownX reinforces Knight Frank’s commitment to providing exceptional retail leasing solutions in Dubai’s rapidly expanding communities. Luma Park Views offers a strategic location with cutting-edge facilities that cater to evolving retail needs, and we are excited to bring quality tenants to this new destination.”

Expanding Ambitions in the Dubai Real Estate Market

TownX is also preparing to launch over 30,000 square feet of premium retail space at 11 Hills Park, a landmark project at Dubai Science Park. Scheduled for completion in Q1 2027, the mixed-use development will feature two sky pools, two gyms, and 558 residential units, designed to elevate urban living standards in Dubai’s tech-centric zone.

The developer recently acquired one of Arjan’s largest land plots—a 400,000-square-foot site with a sellable area of AED 110 million—underscoring its long-term commitment to developing beyond Dubai’s traditional prime areas and into high-growth, master-planned communities.

A Rising Developer with a Proven Track Record

Founded in 2017, TownX has already delivered over 967 residential units and is actively developing 2,125 apartments across Dubai. With a strong focus on quality, value, and community integration, the company continues to play a pivotal role in reshaping Dubai’s suburban landscape.