Zahra Apartments

Zahra Apartments is a modern residential complex located in Town Square on the outskirts of Dubai. The building was developed by Nshama Development LLC, a company known for its thoughtful approach to project planning. The complex consists of four towers that include studios and one- to three-bedroom apartments.

Studios range in size from 322 sq. ft. to 340 sq. ft. and include living rooms, dining areas, bathrooms, and fully equipped kitchens. Units range in price from AED 345,000 to 400,000 (USD 94,000 to 109,000).

Apartments range in size from 579 sq. ft. to 2,643 sq. ft. and have spacious living rooms that are combined with dining areas, large balconies, bathrooms that are adjacent to the bedrooms, and kitchens. Some residences also have staff accommodations. Units range in price from AED 500,000 to 1,400,000 (USD 136,000 to 381,000).

Town Square is a community with its own well-developed infrastructure. The area attracts tenants and investors with its affordable rental prices. The annual rental rate for a unit at Zahra Apartments ranges from AED 30,000 to 100,000 (USD 8,000 to 27,000), depending on the configuration.

According to statistics from last year, the return on investment rate for a one-bedroom apartment in Town Square reached as high as 10%. Studios have a return rate of 9.7%. Two-bedroom apartments have a return rate of 7.8%, and three-bedroom apartments have a return rate of 7.4%.