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Starting From
Price on Request
Stack and view premiums vary by unit
Discover Elaya in Town Square, offering modern residences with stylish designs, spacious layouts, and premium amenities in a vibrant, family-friendly community.
Developer
Nshama
Property type
Apartment
Unit mix
1, 2 & 3 bedroom
Handover
Q3 2026
Ownership
Freehold
10%
Down Payment
40%
During Construction
50%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
Request latest price list
Location Advantage
Starting Price
Developer Reputation
Completion Timeline
Rental Yield Potential
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
50% pre-handover
10% Down Payment · 40% During Construction · 50% On Handover
50% on handover
Area PSF benchmark
AED 1,489
Town Square Dubai 12-month registered-sales median price per square foot.
Avg AED 1,475 / sqft
Market liquidity
2,838 sales
AED 4.3B traded in Town Square Dubai over the last 12 months.
1,426 sales in 6 months
Off-plan demand
56.1% share
56.1% of Town Square Dubai sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+21.2% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Town Square Dubai recorded 2,838 DLD-registered sales worth AED 4.3B over the last 12 months, with a median price of AED 1,489 per square foot. 56.1% of those sales were off-plan, and prices moved +21.2% year-on-year.
Area PSF benchmark
AED 1,489
Market liquidity
2,838 sales
Off-plan demand
56.1%
Price momentum
+21.2%
DLD transactions linked to Elaya and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| Feb 26, 2026 | Off-plan | - | 1 | 614 Sq Ft | AED 865,000 | AED 1,408 |
| Feb 23, 2026 | Off-plan | - | 1 | 697 Sq Ft | AED 860,000 | AED 1,234 |
| Dec 10, 2025 | Off-plan | - | 3 | 1,530 Sq Ft | AED 1,810,962 | AED 1,184 |
| Dec 10, 2025 | Off-plan | - | 1 | 697 Sq Ft | AED 910,000 | AED 1,306 |
| Nov 3, 2025 | Off-plan | - | 1 | 697 Sq Ft | AED 840,000 | AED 1,205 |
| Oct 27, 2025 | Off-plan | - | 2 | 2,580 Sq Ft | AED 1,508,888 | AED 585 |
| Oct 23, 2025 | Off-plan | - | 1 | 688 Sq Ft | AED 845,000 | AED 1,228 |
| Oct 6, 2025 | Off-plan | - | 2 | 1,168 Sq Ft | AED 1,485,888 | AED 1,272 |
| Sep 15, 2025 | Off-plan | - | 3 | 2,530 Sq Ft | AED 2,000,000 | AED 790 |
| Sep 5, 2025 | Off-plan | - | 1 | 1,121 Sq Ft | AED 1,150,888 | AED 1,027 |
| Aug 20, 2025 | Off-plan | - | 2 | 1,016 Sq Ft | AED 1,410,888 | AED 1,389 |
| Aug 18, 2025 | Off-plan | - | 2 | 1,168 Sq Ft | AED 1,475,888 | AED 1,264 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| May 2026 | 36 | AED 1,412 | AED 56.1M | 1,160 Sq Ft |
| Apr 2026 | 170 | AED 1,557 | AED 265.5M | 1,037 Sq Ft |
| Mar 2026 | 230 | AED 1,637 | AED 357.7M | 996 Sq Ft |
| Feb 2026 | 227 | AED 1,565 | AED 351.5M | 1,027 Sq Ft |
| Jan 2026 | 241 | AED 1,512 | AED 401M | 1,144 Sq Ft |
| Dec 2025 | 229 | AED 1,531 | AED 349.4M | 1,050 Sq Ft |
| Nov 2025 | 293 | AED 1,534 | AED 451.6M | 1,046 Sq Ft |
| Oct 2025 | 193 | AED 1,375 | AED 305.2M | 1,195 Sq Ft |
| Sep 2025 | 257 | AED 1,442 | AED 377.6M | 1,072 Sq Ft |
| Aug 2025 | 251 | AED 1,422 | AED 414.7M | 1,204 Sq Ft |
| Jul 2025 | 232 | AED 1,378 | AED 364.5M | 1,196 Sq Ft |
| Jun 2025 | 184 | AED 1,377 | AED 262.2M | 1,091 Sq Ft |
2 Bedrooms
-
9 sales in 12 months
1 Bedroom
-
6 sales in 12 months
3 Bedrooms
-
2 sales in 12 months
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Studio | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 1 Bedroom | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 2 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 3 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of Elaya in Town Square Dubai, offering unparalleled access to Dubai's finest destinations.
Get DirectionsElaya by Nshama is a 14-storey off-plan residential tower in Town Square Dubai, offering studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments from AED 950,000, with Q3 2026 handover. Developed by Nshama — Town Square's master developer — Elaya delivers fitted kitchens, glazed porcelain floors, built-in wardrobes, a temperature-controlled swimming pool, clubhouse with coworking and sauna, skate park, basketball court, cycling track, and a pet washing station. Town Square's 50,000 sqm park, 13km cycling network, and 250+ retail outlets make Elaya an exceptionally liveable and high-yield investment within one of Dubai's most family-oriented communities.
Town Square Dubai has established itself over the past several years as one of Dubai's most genuinely liveable communities — a masterplan with a real park at its center, active streets, cycling infrastructure, and a commercial offering that serves residents rather than just attracting footfall. Within this community, Nshama — the master developer — continues to introduce new residential buildings that deepen the community's population, diversify its housing typologies, and maintain the design and finish standards that have made Town Square a benchmark for value-for-money family living in Dubai.
Elaya is among the most complete and amenity-rich Nshama launches to date: a 14-storey building that brings not just apartments but an entire lifestyle infrastructure to residents — including a clubhouse with coworking space, conference rooms, sauna, and EV charging — reflecting how the expectations of Town Square buyers have evolved since the community's early phases.
Nshama is the master developer of Town Square Dubai, a company established to create urban, community-focused residential environments in Dubai. Since launching Town Square in 2015, Nshama has delivered thousands of residential units across multiple building types — apartments, townhouses, and villas — while maintaining the community's parks, retail streets, and public realm infrastructure.
Nshama's development model is community-first: every new building launch deepens the population base that activates the community's commercial life, maintains its parks and facilities, and supports the social character that makes Town Square different from Dubai's typical master-planned communities. Elaya reflects this philosophy — the clubhouse, coworking space, and community amenities are designed to serve not just Elaya's residents but the broader Town Square community.
Town Square Dubai is located in the Dubailand area, in the southern corridor of Dubai along Al Qudra Road (D63). The community is positioned with excellent access to both the main Dubai urban core and the Al Ain and Abu Dhabi highways.
Key proximity benchmarks from Elaya:
Al Qudra Road (D63) provides the primary access route, with Dubai's expressway network accessible within 10–15 minutes via Sheikh Mohammed Bin Zayed Road (E311) interchange.
Elaya's investment case is inseparable from Town Square Dubai's community character. The masterplan was designed around one central proposition: parks, streets, and community first.
Town Square Park:
Retail Street:
Education:
Transportation: Although currently car-dependent, Town Square's road infrastructure is well maintained, and the community's compact internal layout allows cycling and walking as genuine daily transport modes within the masterplan.
Elaya rises 14 storeys with a ground floor plus parking podium and residential floors above. The building's facade design reflects Nshama's evolved architectural language — more refined than early Town Square buildings, with greater variation in balcony treatments, horizontal banding, and material contrasts that reduce the repetitive appearance of mid-rise residential buildings.
The L-shaped massing creates a protected courtyard orientation on the podium level, allowing the amenity deck to benefit from reduced wind exposure and a sense of enclosure that more exposed building configurations cannot achieve. Ground-floor retail and activation along the street edge maintains Town Square's characteristic pedestrian-friendly commercial interface.
Studios
1-Bedroom Apartments
2-Bedroom Apartments
3-Bedroom Apartments
All units are delivered with:
The 10% booking entry and equal distribution across construction milestones makes Elaya highly accessible for cash investors and mortgage buyers alike. The 50% on handover structure — while back-loaded — is designed to accommodate the many Dubai investors who co-finance through UAE bank mortgage products timed to property registration at handover.
Elaya's amenity program exceeds standard Town Square building specifications, reflecting Nshama's commitment to delivering community-grade infrastructure within individual building boundaries:
Aquatic:
Active & Outdoor:
Clubhouse Facilities:
Security and Services:
Town Square has established itself as one of Dubai's most consistent residential investment markets since the community reached critical mass around 2021–2022.
Rental benchmarks for Town Square apartments (2024–2025 data):
Gross yield estimates (Elaya at launch pricing):
Capital appreciation outlook: Town Square's established community character creates structural demand support that continues to appreciate values beyond Dubai's general market movements. The addition of each new tower such as Elaya also brings new residents who activate the retail and park amenities, creating a positive community feedback loop that supports premium pricing for earlier-stage investors.
Freehold ownership: Elaya is fully freehold — available to all nationalities.
Golden Visa eligibility: Purchasers of 2BR and 3BR units (AED 2M+ range) qualify for the UAE 10-Year Golden Visa.
| Parameter | Detail | |---|---| | Developer | Nshama | | Community | Town Square Dubai | | Tower Height | 14 storeys | | Unit Types | Studio, 1BR, 2BR, 3BR | | Size Range | ~400 – 1,530+ sq ft | | Starting Price | AED 950,000 | | Payment Plan | 10% / 40% / 50% | | Handover | Q3 2026 (September 2026) | | Ownership | Freehold — all nationalities | | Gross Yield Est. | 5.1 – 7.4% | | Key Amenity | Clubhouse, coworking, sauna, EV charging | | Community Park | 50,000 sqm Town Square Park adjacent | | Golden Visa | Yes (AED 2M+ units) |
Elaya by Nshama in Town Square Dubai starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Elaya offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Elaya is scheduled for completion in Q3 2026. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Elaya by Nshama in Town Square Dubai offers strong investment potential. Town Square Dubai is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Elaya is developed by Nshama, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Elaya offers world-class amenities including Swimming pool, BBQ area, Children play area, Skate park, Basketball court and 5 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.