With its modern design and Airbnb-aligned features, SquareX Residence taps into Dubai’s rising short-term rental market, offering affordable luxury for next-gen property investors
Tasmeer Indigo Properties Nears Sell-Out of Debut Project SquareX Residence, Redefining Dubai’s Entry-Level Luxury Rental Market
Tasmeer Indigo Properties, a forward-thinking developer in Dubai’s emerging entry-level luxury real estate segment, is making waves in the short-term rental space with the remarkable success of its first project, SquareX Residence, which is now nearly sold out.
Strategically located in Jumeirah Village Circle (JVC), SquareX Residence is crafted to meet the tastes of Gen Z and millennial buyers. These homeowners are not only design-conscious but also focused on the income-generating potential of their investments through short-term rentals.
“The strong demand for this development reflects the market’s appetite for creatively designed, lifestyle-centric properties,” the company noted.
Khyzer Altaf, President of Tasmeer Indigo Properties, stated that their developments are specifically engineered to deliver exceptional returns, especially through short-term stays.
“Whether it’s private pools inside apartments, holistic wellness amenities, or immersive VR gaming experiences, all positioned in prime Dubai locations, we’ve conducted months of research in collaboration with platforms like Airbnb and government bodies like the Dubai Land Department to ensure our offerings appeal equally to tourists and local residents,” Altaf explained.
He added that younger property owners can feel confident knowing that, should they decide to move on or split time abroad, each aspect of the property is designed to maximise rental yields.
With short-term rentals in Dubai known to generate returns up to 20% higher than traditional leases, such properties are becoming more appealing to investors.
SquareX Residence offers an array of contemporary features that cater to the needs and lifestyles of today’s younger demographic. These include a resident Clubhouse, collaborative co-working spaces, complete 360° wellness zones, peaceful zen gardens, running tracks (both indoor and outdoor), and a high-tech virtual reality room.
Some select units even come with private pools — an exclusive feature available even in one-bedroom apartments.
“These thoughtfully designed features elevate everyday living and simultaneously attract visitors seeking adaptable, homely accommodations within Dubai’s energetic rental landscape,” the company added.
The development is moving ahead on schedule, with handover planned for early 2027.
