by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C·TOWN SQUAREResidential
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Jan 1, 2018
Expected Handover
Mar 30, 2021
Official Status
FINISHED
Total Units
960
Avg Unit Size
479 sqft
Freehold Ratio
50%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 579K
PSF
AED 1,250/sqft
Sales 12M
13
vs Area
-51.8%
Asset Turnover
ⓘ
1.4%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
960
Avg Unit Size
479 sqft
Studio
20.0%NA
0.3%1BR
79.4%2BR
0.1%Retail
0.2%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 762 | 79.4% |
| Studio | 192 | 20.0% |
| NA | 3 | 0.3% |
| Retail | 2 | 0.2% |
| 2BR | 1 | 0.1% |
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 |
|---|---|---|---|---|
| 1BR | 79.8% 762 units | 63.2% 24 sold | 0.79 | ⚠️ LOW DEMAND |
| Studio | 20.1% 192 units | 34.2% 13 sold | 1.70 | 🔥 HIGH DEMAND |
| 2BR | 0.1% 1 units | 2.6% 1 sold | 26.00 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
13 Aug 2026 | TOWN SQUARE | Studio | AED 500K | AED 1,442/sqft | Ready | Freehold | |
24 Jul 2026 | TOWN SQUARE | 1BR | AED 690K | AED 1,438/sqft | Ready | Freehold | |
14 Jul 2026 | TOWN SQUARE | 1BR | AED 730K | AED 1,521/sqft | Ready | Freehold | |
10 Jul 2026 | TOWN SQUARE | Studio | AED 510K | AED 1,461/sqft | Ready | Freehold | |
25 Jun 2026 | TOWN SQUARE | Studio | AED 550K | AED 1,564/sqft | Ready | Freehold | |
8 Jun 2026 | TOWN SQUARE | Studio | AED 530K | AED 1,500/sqft | Ready | Freehold | |
2 Jun 2026 | TOWN SQUARE | 1BR | AED 820K | AED 1,150/sqft | Ready | Freehold | |
1 May 2026 | TOWN SQUARE | Studio | AED 560K | AED 1,585/sqft | Ready | Freehold | |
24 Apr 2026 Published 27 Apr 2026 | TOWN SQUARE | Studio | AED 575K | AED 1,662/sqft | Ready | Freehold | |
3 Apr 2026 | TOWN SQUARE | 1BR | AED 730K | AED 1,521/sqft | Ready | Freehold | |
30 Mar 2026 | TOWN SQUARE | 1BR | AED 760K | AED 1,585/sqft | Ready | Freehold | |
17 Mar 2026 | TOWN SQUARE | 1BR | AED 750K | AED 1,564/sqft | Ready | Freehold | |
12 Mar 2026 | TOWN SQUARE | 1BR | AED 739K | AED 1,548/sqft | Ready | Freehold | |
4 Mar 2026 | TOWN SQUARE | 1BR | AED 561K | AED 1,171/sqft | Ready | Freehold | |
4 Mar 2026 | TOWN SQUARE | 1BR | AED 800K | AED 1,677/sqft | Ready | Freehold | |
27 Feb 2026 | TOWN SQUARE | 1BR | AED 770K | AED 1,603/sqft | Ready | Freehold | |
16 Feb 2026 Published 17 Feb 2026 | TOWN SQUARE | Studio | AED 610K | AED 1,134/sqft | Ready | Freehold | |
13 Feb 2026 | TOWN SQUARE | 1BR | AED 730K | AED 1,509/sqft | Ready | Freehold | |
13 Feb 2026 | TOWN SQUARE | 1BR | AED 765K | AED 1,597/sqft | Ready | Freehold | |
12 Feb 2026 | TOWN SQUARE | 1BR | AED 750K | AED 1,557/sqft | Ready | Freehold | |
6 Feb 2026 | TOWN SQUARE | 1BR | AED 730K | AED 1,530/sqft | Ready | Freehold | |
28 Jan 2026 | TOWN SQUARE | Studio | AED 570K | AED 1,613/sqft | Ready | Freehold | |
23 Jan 2026 | TOWN SQUARE | 1BR | AED 690K | AED 1,439/sqft | Ready | Freehold | |
16 Jan 2026 | TOWN SQUARE | Studio | AED 535K | AED 1,543/sqft | Ready | Freehold | |
13 Jan 2026 | TOWN SQUARE | Studio | AED 560K | AED 1,071/sqft | Ready | Freehold | |
23 Dec 2025 | TOWN SQUARE | 1BR | AED 710K | AED 1,488/sqft | Ready | — | |
22 Dec 2025 | TOWN SQUARE | Studio | AED 535K | AED 1,523/sqft | Ready | — | |
15 Dec 2025 | TOWN SQUARE | 1BR | AED 700K | AED 1,460/sqft | Ready | — | |
18 Nov 2025 | TOWN SQUARE | 1BR | AED 761K | AED 1,584/sqft | Ready | — | |
13 Nov 2025 | TOWN SQUARE | Studio | AED 520K | AED 1,503/sqft | Ready | — |