Baltimore
Off-Plan

Baltimore

From AED 1.63M·Handover Sep 2027·10% down payment Payment
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AED 1.63M
Starting Price
Sep 2027
Handover
10% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Baltimore is a modern residential complex by Nshama, located in the Town Square community. The building consists of a ground level, a podium, and 15 residential floors. It offers cozy one-, two-, and three-bedroom apartments surrounded by greenery, creating a balance between urban architecture and natural surroundings. The exterior follows a minimalist design in light tones, while panoramic windows provide abundant natural light and expand the sense of space. Interiors feature high-quality materials in soft neutral colors, bringing comfort and a modern atmosphere. Residents have access to a wide range of amenities, including swimming pools, state-of-the-art gyms, active recreation areas, and children’s play zones. Nearby, there are numerous cafes, restaurants, and retail options to support a convenient and vibrant lifestyle. The complex is just a 5-minute walk from Town Square Park. Dubai Miracle Garden is a 15-minute drive away, and Al Qudra Cycle Track can be reached in 10 minutes. Major roads, including Sheikh Mohammed Bin Zayed Road, are only 5–10 minutes away by car, providing easy access to other parts of Dubai.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types2 BR, 3 BR, Apartments
AreaTown Square
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 70,416 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,564
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 106,073 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Baltimore launch basis1,813AED 1.63MCurrent launch / asking basis
Town Square ready-stock comps1,500AED 1.35MIndicative resale benchmark
Town Square premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Baltimore — View 2
Baltimore — View 3
Baltimore — View 4
Baltimore — View 5
Baltimore — View 6
Baltimore official render 1

Baltimore official render 1

Baltimore official render 2

Baltimore official render 2

Baltimore official render 3

Baltimore official render 3

Baltimore official render 4

Baltimore official render 4

Baltimore official render 5

Baltimore official render 5

Baltimore official render 6

Baltimore official render 6

Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Children’s pool
Conference room
Kids Play Area
Landscaped park
Shared Pool
Shared gym & fitness

Location

Town Square

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Town SquareTown SquareDubai, UAE

Developer Track Record

01

Baltimore by Nshama

02

Located in Town Square

03

Starting from AED 1,631,888

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Sep 2027

06

Official render/gallery images available

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