Project Overview
Elaya is an impressive development by Nshama, located in the Town Square district. The building consists of a ground level, a podium, and 13 residential floors. It features one-, two-, and three-bedroom apartments with functional layouts and stylish interiors. Large windows and balconies bring in natural light and offer scenic views of the park or surrounding neighborhood. The façade is designed in a modern style with neutral tones, reflecting the elegance of the architecture. Residents of Elaya enjoy a wide range of amenities, including a swimming pool, gym, sports courts, a children’s area with water play features, as well as cafes and restaurants. Just across from the complex lies the expansive Town Square Park, which offers relaxation areas, jogging, walking and cycling paths, and BBQ zones. Town Square is located in the southwestern part of Dubai and benefits from proximity to major city roads, ensuring quick access to key destinations. Expo City and Dubai Hills Mall are 20 minutes away, Burj Al Arab and Dubai Marina are reachable in 25 minutes, and it takes around 30 minutes to get to Dubai Mall and Dubai International Airport.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Nshama.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Town Square
Nearby Destinations
Developer and Project Facts
Elaya by Nshama
Located in Town Square
Starting from AED 950,000
Unit mix includes 1 BR, Apartments
Expected handover: Sep 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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