by NSHMI DEVELOPMENT L.L.C·TOWN SQUAREResidentialFreeholdOff-plan Heavy
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Jun 1, 2015
Expected Handover
Aug 30, 2019
Official Status
FINISHED
Total Units
1,197
Avg Unit Size
1038 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 919K
PSF
AED 846/sqft
Sales 12M
38
vs Area
-23.4%
Asset Turnover
ⓘ
3.2%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
1,197
Avg Unit Size
1038 sqft
2BR
52.8%1BR
16.5%Retail
2.8%3BR
21.9%Studio
6.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 632 | 52.8% |
| 3BR | 262 | 21.9% |
| 1BR | 197 | 16.5% |
| Studio | 73 | 6.1% |
| Retail | 33 | 2.8% |
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 | 54.3% 632 units | 48.8% 63 sold | 0.90 | ✓ BALANCED |
| 3BR | 22.5% 262 units | 32.6% 42 sold | 1.45 | 🔥 HIGH DEMAND |
| 1BR | 16.9% 197 units | 14.0% 18 sold | 0.83 | ✓ BALANCED |
| Studio | 6.3% 73 units | 4.7% 6 sold | 0.75 | ⚠️ LOW DEMAND |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
13 Oct 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 990/sqft | Ready | Freehold | |
9 Oct 2026 | TOWN SQUARE | 3BR | AED 1.68M | AED 1,165/sqft | Ready | Freehold | |
8 Oct 2026 | TOWN SQUARE | 2BR | AED 960K | AED 1,034/sqft | Ready | Freehold | |
5 Oct 2026 | TOWN SQUARE | 2BR | AED 1.05M | AED 1,119/sqft | Ready | Freehold | |
24 Sep 2026 | TOWN SQUARE | 3BR | AED 1.70M | AED 1,203/sqft | Ready | Freehold | |
21 Sep 2026 | TOWN SQUARE | 1BR | AED 830K | AED 1,263/sqft | Ready | Freehold | |
17 Sep 2026 Published 18 Sep 2026 | TOWN SQUARE | 3BR | AED 1.61M | AED 1,201/sqft | Ready | Freehold | |
17 Sep 2026 | TOWN SQUARE | 2BR | AED 1.36M | AED 917/sqft | Ready | Freehold | |
14 Sep 2026 | TOWN SQUARE | 4BR+ | AED 3.35M | AED 1,074/sqft | Ready | Freehold | |
8 Sep 2026 | TOWN SQUARE | 2BR | AED 1.12M | AED 1,096/sqft | Ready | Freehold | |
7 Sep 2026 | TOWN SQUARE | 4BR+ | AED 3.38M | AED 1,081/sqft | Ready | Freehold | |
2 Sep 2026 | TOWN SQUARE | 3BR | AED 2.70M | AED 1,239/sqft | Ready | Freehold | |
29 Aug 2026 Published 31 Aug 2026 | TOWN SQUARE | 2BR | AED 1.25M | AED 1,417/sqft | Ready | Freehold | |
26 Aug 2026 | TOWN SQUARE | 2BR | AED 1.20M | AED 1,251/sqft | Ready | Freehold | |
13 Aug 2026 | TOWN SQUARE | 3BR | AED 2.77M | AED 1,349/sqft | Ready | Freehold | |
11 Aug 2026 | TOWN SQUARE | 2BR | AED 1.10M | AED 1,137/sqft | Ready | Freehold | |
5 Aug 2026 | TOWN SQUARE | Studio | AED 480K | AED 1,511/sqft | Ready | Freehold | |
4 Aug 2026 | TOWN SQUARE | 3BR | AED 1.60M | AED 1,134/sqft | Ready | Freehold | |
31 Jul 2026 | TOWN SQUARE | 2BR | AED 1.13M | AED 1,163/sqft | Ready | Freehold | |
31 Jul 2026 | TOWN SQUARE | 3BR | AED 1.88M | AED 1,332/sqft | Ready | Freehold | |
24 Jul 2026 Published 27 Jul 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,186/sqft | Ready | Freehold | |
24 Jul 2026 | TOWN SQUARE | 3BR | AED 1.95M | AED 1,183/sqft | Ready | Freehold | |
20 Jul 2026 | TOWN SQUARE | 3BR | AED 2.75M | AED 1,339/sqft | Ready | Freehold | |
16 Jul 2026 | TOWN SQUARE | 2BR | AED 1.17M | AED 1,319/sqft | Ready | Freehold | |
13 Jul 2026 | TOWN SQUARE | 2BR | AED 1.15M | AED 1,279/sqft | Ready | Freehold | |
9 Jul 2026 | TOWN SQUARE | 2BR | AED 1.02M | AED 1,099/sqft | Ready | Freehold | |
6 Jul 2026 | TOWN SQUARE | 2BR | AED 1.06M | AED 1,179/sqft | Ready | Freehold | |
3 Jul 2026 | TOWN SQUARE | 1BR | AED 800K | AED 1,397/sqft | Ready | Freehold | |
1 Jul 2026 | TOWN SQUARE | 2BR | AED 1.16M | AED 1,164/sqft | Ready | Freehold | |
30 Jun 2026 | TOWN SQUARE | 3BR | AED 2.40M | AED 926/sqft | Ready | Freehold |