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Town Square , Dubai
ELAYA
ELAYA is a 14-storey development project by visionary developer NSHAMA, strategically located in the lively and dynamic area of Town Square Dubai.
Launch Price
731k
Handover
Q3 2026
Project Overview
ELAYA is a 14-storey development project by visionary developer NSHAMA, strategically located in the lively and dynamic area of Town Square Dubai. This architectural marvel comprises a diverse range of 1-3 bedroom apartments, with sizes spanning from a compact and cosy 614 sq. ft to a spacious and expansive 2,530 sq. ft. Each residence is meticulously designed to incorporate a balcony or terrace, offering residents a refreshing view of the verdant surroundings, a tranquil escape from the hustle and bustle of city life.
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Location
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Developer
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Property typeApartments
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Number of bedrooms1-3
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Area from
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HandoverQ3 2026
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Payment Plan50/50
Gallery
ELAYA
Floor Plans
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
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On construction
50%
Payment -
On Handover
Q3 202650%
Payment
Key points
Skate park
The skate park is the perfect place for those who want an adrenaline rush while being active and sporty.
Pet shop
Check out the wide range of pet care supplies to keep your furry friend happy and healthy.
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Bbq Area
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Kids Playgrounds
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Infinity Pool
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Basketball Court
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Cycling Tracks
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Paddel Tennis
Amenities
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Bbq Area
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Kids Playgrounds
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Infinity Pool
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Basketball Court
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Cycling Tracks
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Paddel Tennis
Get professional property guidance
Leave your details, and an advisor will help you choose the right property and navigate the purchase process.
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Metropolitan Premium Properties
Real Estate team
I’ll guide you step by step so you can make a confident property decision.
Location
Explore the AreaTown Square , Dubai
Situated near the vibrant centre while still providing a peaceful retreat from the hum of the city, Town Square Dubai embodies a unique concept of residential community living that transcends conventional standards. This masterfully designed enclave caters to the everyday needs of families by delivering an unparalleled blend of convenience and luxury. The community’s distinctive feature is its beautifully landscaped central park that serves as a visual delight and a welcoming gathering spot. The picturesque surroundings are marked by expanses of lush greenery that create a serene and tranquil environment. But the appeal of Town Square Dubai extends beyond its enchanting aesthetics. It has been thoughtfully designed to incorporate a variety of amenities that promote health, wellness and leisure. Walking, jogging and cycling trails weave throughout the community, offering residents ample opportunities to stay active and connect with nature.
Other Projects in Town Square
About the Developer
Nshama Group
NSHAMA is one of the leading real estate developers in the UAE and specialises in creating sustainable, world-class communities that blend smart and sophisticated designs. Despite being relatively new to the industry, having only been established in September 2014, NSHAMA has already made significant strides in shaping the architectural landscape of the region. The company is guided by the visionary leadership of its Chief Executive Officer, Fred Durie. Durie is associated with several mega-developments in the region, contributing his expertise to the success of multibillion-dollar projects such as Downtown Dubai and Arabian Ranches.
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31
Completed projects
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2014
Year of foundation
Other Projects by Nshama Group
FAQ
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Who is the developer of ELAYA?
NSHAMA is the developer of the complex.
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What is the address of ELAYA?
It is nestled in Town Square Dubai.
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What are the offered unit types?
Apartments in 1-3 bedroom configurations are on offer.
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What is the completion date of ELAYA?
Please register your interest on our website to get this information.
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What are the payment plans for ELAYA?
The developer offers a 50/50 payment plan, which includes a 10% booking fee.
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How much does an apartment cost in ELAYA?
As of Q1 2024, the price of a 1-bedroom apartment in the complex starts from AED 731K (USD 199K).
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Can I get residency if I buy property in ELAYA?
Yes, you can get residency in this case.
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What type of visa can I get when I buy a property?
Either a 2- or 10-year visa will be available to you.
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Can a foreigner buy property in ELAYA?
Yes, all nationalities are allowed to buy property here.
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Is an apartment in ELAYA a good investment?
Yes, as of Q1 2024, the ELAYA property continues to stand out as a highly profitable buy-to-let option in the vibrant and dynamic real estate market of Town Square Dubai. The average gross yield for 1-bedroom units is impressively set at 8.7%, a figure that illustrates not only the potential for significant returns on initial investments but also the area's robust and thriving property market. With rental prices starting at a competitive AED 53K (USD 14K) per year, the financial viability of the property is further highlighted.
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Is ELAYA a good place to live in Dubai?
Yes, it is a great place to live since it offers comfortable and affordable housing with direct access to well-developed infrastructure.
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What are the benefits of living in Town Square Dubai?
Town Square Dubai is located within a 30-minute driving radius from many high-quality medical institutions. These include Medcare Medical Center, Town Square Dubai, Mediclinic Parkview Hospital and NMC Specialty Hospital - Dubai Investments Park.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Kenneth Whitelaw-Jones
January 8, 2026
I had a superb experience with Carys Naylor from MPP. Carys located an excellent property in Dubai for me. She was quick, efficient, responsive and super friendly and helpful. She was very supportive in helping me navigate the whole process. Can't recommend highly enough.
ELAYA
New Launch in Town Square by Nshama Group Explore premium Apartments starting from 1-3 bedrooms Positioned in the vibrant Town Square area, where the launch price averages 955k
This project offers a perfect balance of luxury and value Move-in ready by Q3 2026
Thank you for your interest!
We’ve sent you a confirmation email and will be in touch soon.
Consultation
Jamie Lane
Real Estate agent
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Floor plans
Download the Complete Floor Plan Brochure
Access a detailed PDF featuring all unit layouts and configuration options within the project
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Presentation
The PDF File: 24.25 Mb
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All features, floor plans, renders, and specifications — in one complete brochure
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