The Square

TL;DR: The Square by Omniyat is a completed mixed-use complex in Al Mamzar, Dubai. Handed over in 2016, it features 7 residential buildings, an office tower, and a hotel. Offering studios to 3-bedroom apartments, it provides a massive 6,000 sqm park, indoor/outdoor pools, and strong rental yields.

The Square is a spectacularly vibrant, fully completed mixed-use master community masterminded by the visionary Omniyat. Prominently positioned within the deeply established, highly connected Al Mamzar district of Deira, Dubai, this massive development was successfully completed and fully operational by 2016. Designed to serve as a completely self-sufficient "city within a city," The Square flawlessly integrates residential luxury, commercial efficiency, and five-star hospitality (housing the Mövenpick Hotel Apartments Al Mamzar). It stands as a highly desirable, "Ready to Move" sanctuary for dynamic professionals, established families, and astute investors seeking high-yield assets.

The sprawling complex features seven distinct 6-storey residential buildings (Dalia, Al Neem, Sendyan, Tala, Al Zan, Ayka, and Afnan) housing a total of 524 premium apartments. The inventory caters to a wide demographic, offering efficiently designed studios (starting from highly attractive prices around AED 580,000 in the secondary market). The spacious 1-bedroom apartments generally range from AED 800,000 to AED 1.1 Million, while expansive 2 and 3-bedroom configurations cater to larger families. Each residence is crafted with high-quality finishes and functional layouts. Investors are heavily drawn to the complex's strong rental performance, with 1-bedroom units reliably yielding AED 55,000 to AED 70,000 annually.

The Square entirely elevates the everyday lifestyle by providing a staggering array of resort-grade amenities centered around a massive 6,000 sq. m. landscaped park. Residents enjoy exclusive access to both indoor and outdoor swimming pools, accompanied by a fully equipped fitness center, saunas, steam rooms, and Jacuzzis. The family-friendly environment features dedicated children’s play areas, jogging tracks, and an outdoor patio with BBQ lounges.

Located strategically in Al Mamzar, the development offers phenomenal urban connectivity, sitting just a 5-minute drive from the Al Qiyadah Metro Station and Al Mamzar Beach Park.