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ELAYA

AED 730k Starting price (USD 199K)
10% Booking fee
Q3 2026 Handover

ELAYA is a vibrant urban-inspired apartment development by NSHAMA in Town Square Dubai

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. Those opting for the 3-bedroom units are provided with the added luxury of a maid's room, yet another element to make life here as convenient as possible.
ELAYA apartments are more than just living spaces -- they are a lifestyle choice. They feature fully-upgraded interiors and fitted kitchens, tailor-made for your comfort and convenience. The interior spaces are designed with a modern aesthetic, exuding sophistication and elegance, while the kitchens are equipped with state-of-the-art appliances.

About the Project

Developer
Area from
614 sq. ft.
Apartments
1-3BR
Payment Plan
50/50

Property Types & Floor Plans

Property type
Living area
Starting price

1 bedroom Apartments

from 614 sq. ft.
AED 730,000

Area

Suite
556 sq. ft.
Balcony
57 sq. ft.
Floor Plans

1 bedroom Apartments

from 625 sq. ft.
Ask for Price

Area

Suite
562 sq. ft.
Balcony
63 sq. ft.
Floor Plans

1 bedroom Apartments

from 1,120 sq. ft.
Ask for Price

Area

Suite
639 sq. ft.
Balcony
481 sq. ft.
Floor Plans

2 bedroom Apartments

from 1,016 sq. ft.
AED 1,100,000

Area

Suite
948 sq. ft.
Balcony
67 sq. ft.
Floor Plans

2 bedroom Apartments

from 1,165 sq. ft.
Ask for Price

Area

Suite
985 sq. ft.
Balcony
179 sq. ft.
Floor Plans

2 bedroom Apartments

from 2,579 sq. ft.
Ask for Price

Area

Suite
985 sq. ft.
Balcony
1,594 sq. ft.
Floor Plans

3 bedroom Apartments

from 1,529 sq. ft.
AED 1,650,000

Area

Suite
1,327 sq. ft.
Balcony
202 sq. ft.
Floor Plans

3 bedroom Apartments

from 2,530 sq. ft.
Ask for Price

Area

Suite
1,327 sq. ft.
Balcony
1,202 sq. ft.
Floor Plans

Buy Similar Property in Town Square

Get a free advice from sales team

    Svetlana Vasilieva

    Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.

    +971 4 428 6151

    Amenities at ELAYA

    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.

    BBQ area
    Children’s play area
    Swimming pool
    Basketball court
    Cycling track
    Padel court
    Laundry

    NSHAMA is a premium Dubai-based developer

    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.

    Master Plan

    About Company

    The Metropolitan Premium Properties team will gladly help you resell/rent out your property to generate profit. We will find potential buyers/tenants with the help of our efficient marketing campaigns and handle all the paperwork and operational issues.

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    120,000

    Customers

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    15 years

    Of productive work

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    Top-5

    Best Performing Agencies

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    >700

    People on its team

    Attractive 50/50 Payment Plan from NSHAMA

    10%

    March 2024 May 2024 November 2024 May 2025 November 2025

    50%

    On handover Q3 2026
    On handover Q3 2026

    Economic Appeal of ELAYA

    ELAYA is an attractive investment option, perfect both for resale and rental. As the development of the area progresses, the value of properties in the project will increase, allowing you to generate stable income. ELAYA will be appreciated by families with children thanks to the well-developed infrastructure nearby with clinics, hospitals, schools, parks and more.

    Rental prices starting

    AED 53k

    (USD 14K) per year

    ROI

    8.7%

    Real estate types:

    To rent

    As of Q1 2024, property at ELAYA 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.

    To resell

    You will be able to profitably resell your property in ELAYA upon completion of the project. You can also sell your unit whilst it is still off-plan after paying a certain percentage of the total cost. Please contact our agents for more information.

    To live

    If you invest in an ELAYA property worth a minimum of AED 750K (USD 204K), you and your immediate family members can secure a 2-year visa. This presents the opportunity to enjoy the lifestyle, safety and numerous other benefits that come with residing in the UAE. Moreover, if the property you purchase is valued at AED 2M (USD 545K) or more, then you immediately become eligible for a 10-year Golden visa.

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      Brochure

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      PDF 24.25 Mb

      Location

      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.

      About the Town Square

      Style

      Family area

      Focal point

      Central Park

      Entertainment

      icon car 15min

      Hamdan Sports Complex

      icon car 25min

      Cityland Mall

      icon car 25min

      Trump International Golf Club Dubai

      icon car 40min

      Jumeirah Golf Estates Golf & Country Club

      Clinics

      icon car 10min

      Medcare Medical Center, Town Square Dubai

      icon car 30min

      Mediclinic Parkview Hospital

      icon car 30min

      NMC Specialty Hospital - Dubai Investments Park

      icon car 40min

      King’s College Hospital London Dubai

      Schools

      icon car 25min

      Jebel Ali School

      icon car 30min

      GEMS Founders School Al Barsha

      icon car 30min

      Jumeirah English Speaking School (Arabian Ranches)

      icon car 35min

      JSS International School

      FAQ

      Who is the developer of ELAYA?

      NSHAMA is the developer of the complex.

      What is the address of ELAYA?

      It is nestled in Town Square Dubai.

      What are the offered unit types?

      Apartments in 1-3 bedroom configurations are on offer.

      What is the completion date of ELAYA?

      Please register your interest on our website to get this information.

      What are the payment plans for ELAYA?

      The developer offers a 50/50 payment plan, which includes a 10% booking fee.

      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 730K (USD 199K).

      Can I get residency if I buy property in ELAYA?

      Yes, you can get residency in this case.

      What type of visa can I get when I buy a property?

      Either a 2- or 10-year visa will be available to you.

      Can a foreigner buy property in ELAYA?

      Yes, all nationalities are allowed to buy property here.

      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.

      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.

      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.

      Get a free advice from sales team

        Svetlana Vasilieva

        Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.

        +971 4 428 6151

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