TownX Achieves 40% Progress on AED 662M Ashley Hills Project

Dubai, UAE – December 15, 2025: TownX, one of Dubai’s fastest-growing real estate developers with a robust AED 4 billion project portfolio, has announced a significant construction milestone for its flagship AED 662 million Ashley Hills development. In just four months since the project launch, the development has achieved 40% construction progress, highlighting TownX’s operational efficiency and commitment to delivering premium residential communities.

Strategically located in the heart of Arjan, Ashley Hills will feature 616 residential units spread across 400,000 square feet of sellable area. The development is thoughtfully designed to provide modern, sustainable living spaces for families and investors seeking a high-quality lifestyle in one of Dubai’s most dynamic districts.

The project has already achieved several critical construction milestones, including site mobilization, enabling works, piling, foundations, and substructure completion. Significant advancement has been made on the superstructure and internal works, while external building envelopes and building services are currently underway. Internal finishes are progressing steadily, and external works and infrastructure are scheduled to commence in the coming months.

In August 2025, TownX appointed Ocean Stone as the main contractor. With extensive experience in large-scale residential developments, Ocean Stone has played a pivotal role in driving the project forward and ensuring timely progress.

Haider Abduljabbar, Executive Director of TownX, said, “We are extremely proud of the remarkable progress made in just four months. Achieving 40% completion reflects the dedication of our team and the seamless collaboration with our contractors. We remain focused on delivering Ashley Hills on schedule, maintaining the high-quality standards that TownX is renowned for.”

The rapid progress at Ashley Hills underscores TownX’s commitment to meeting Dubai’s growing demand for premium residential offerings. Residents will benefit from the project’s prime location, with excellent connectivity to Sheikh Mohammed Bin Zayed Road and Al Khail Road, alongside convenient access to schools, retail centers, parks, and recreational facilities.

Since its inception in 2017, TownX has consistently delivered projects ahead of schedule, with meticulous attention to detail. To date, the company has delivered over 1,567 units and currently has 1,174 apartments under development. Ashley Hills marks another milestone in TownX’s ongoing efforts to create residential communities that cater to modern families while delivering long-term value.

Notable past and ongoing projects by TownX include Easy18, Easy19, Luma21, Luma22, Luma Park Views, and 11 Hills Park at Dubai Science Park, reinforcing the developer’s position as a trusted name in Dubai’s real estate landscape.