by NSHMI DEVELOPMENT L.L.C·TOWN SQUAREResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 28, 2016
Expected Handover
Feb 29, 2020
Official Status
FINISHED
Total Units
678
Avg Unit Size
971 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 815K
PSF
AED 955/sqft
Sales 12M
25
vs Area
-32.1%
Asset Turnover
ⓘ
3.7%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
678
Avg Unit Size
971 sqft
3BR
12.2%Studio
8.3%NA
0.6%1BR
32.7%Retail
3.1%2BR
42.3%4BR+
0.7%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 287 | 42.3% |
| 1BR | 222 | 32.7% |
| 3BR | 83 | 12.2% |
| Studio | 56 | 8.3% |
| Retail | 21 | 3.1% |
| 4BR+ | 5 | 0.7% |
| NA | 4 | 0.6% |
Price & Volume Trend
Unit Liquidity Matrix
Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 2BR | 44.0% 287 units | 52.5% 32 sold | 1.19 | ✓ BALANCED |
| 1BR | 34.0% 222 units | 24.6% 15 sold | 0.72 | ⚠️ LOW DEMAND |
| 3BR | 12.7% 83 units | 9.8% 6 sold | 0.77 | ⚠️ LOW DEMAND |
| Studio | 8.6% 56 units | 11.5% 7 sold | 1.34 | 🔥 HIGH DEMAND |
| 4BR+ | 0.8% 5 units | 1.6% 1 sold | 2.00 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
14 Aug 2026 Published 17 Aug 2026 | TOWN SQUARE | 3BR | AED 1.90M | AED 1,334/sqft | Ready | Freehold | |
3 Aug 2026 | TOWN SQUARE | 3BR | AED 2.15M | AED 974/sqft | Ready | Freehold | |
27 Jul 2026 | TOWN SQUARE | 2BR | AED 1.08M | AED 1,151/sqft | Ready | Freehold | |
27 Jul 2026 | TOWN SQUARE | 2BR | AED 1.10M | AED 1,211/sqft | Ready | Freehold | |
21 Jul 2026 | TOWN SQUARE | 2BR | AED 1.10M | AED 1,177/sqft | Ready | Freehold | |
14 Jul 2026 | TOWN SQUARE | 2BR | AED 1.25M | AED 1,337/sqft | Ready | Freehold | |
13 Jul 2026 | TOWN SQUARE | 2BR | AED 1.10M | AED 1,241/sqft | Ready | Freehold | |
3 Jul 2026 | TOWN SQUARE | 1BR | AED 835K | AED 1,283/sqft | Ready | Freehold | |
29 Jun 2026 | TOWN SQUARE | 2BR | AED 1.09M | AED 1,158/sqft | Ready | Freehold | |
12 Jun 2026 Published 15 Jun 2026 | TOWN SQUARE | 2BR | AED 1.07M | AED 1,210/sqft | Ready | Freehold | |
12 Jun 2026 Published 15 Jun 2026 | TOWN SQUARE | 2BR | AED 1.16M | AED 1,133/sqft | Ready | Freehold | |
3 Jun 2026 | TOWN SQUARE | 3BR | AED 1.70M | AED 1,248/sqft | Ready | Freehold | |
1 Jun 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,021/sqft | Ready | Freehold | |
23 May 2026 Published 25 May 2026 | TOWN SQUARE | 1BR | AED 805K | AED 1,230/sqft | Ready | Freehold | |
21 May 2026 | TOWN SQUARE | 2BR | AED 1.13M | AED 973/sqft | Ready | Freehold | |
20 May 2026 | TOWN SQUARE | 2BR | AED 1.02M | AED 1,092/sqft | Ready | Freehold | |
14 May 2026 | TOWN SQUARE | 1BR | AED 850K | AED 1,174/sqft | Ready | Freehold | |
29 Apr 2026 | TOWN SQUARE | 1BR | AED 800K | AED 1,105/sqft | Ready | Freehold | |
23 Apr 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,298/sqft | Ready | Freehold | |
22 Apr 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,281/sqft | Ready | Freehold | |
13 Apr 2026 | TOWN SQUARE | 1BR | AED 800K | AED 1,105/sqft | Ready | Freehold | |
7 Apr 2026 | TOWN SQUARE | 1BR | AED 656K | AED 1,112/sqft | Ready | Freehold | |
7 Apr 2026 | TOWN SQUARE | 2BR | AED 950K | AED 876/sqft | Ready | Freehold | |
2 Apr 2026 | TOWN SQUARE | 3BR | AED 1.71M | AED 1,270/sqft | Ready | Freehold | |
1 Apr 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,288/sqft | Ready | Freehold | |
31 Mar 2026 | TOWN SQUARE | 1BR | AED 780K | AED 1,291/sqft | Ready | Freehold | |
26 Mar 2026 | TOWN SQUARE | 2BR | AED 1.45M | AED 907/sqft | Ready | Freehold | |
25 Mar 2026 | TOWN SQUARE | 1BR | AED 760K | AED 1,253/sqft | Ready | Freehold | |
18 Mar 2026 | TOWN SQUARE | 3BR | AED 2.45M | AED 923/sqft | Ready | Freehold | |
20 Feb 2026 | TOWN SQUARE | Studio | AED 510K | AED 1,626/sqft | Ready | Freehold |