Evelyn on the Park
Off-Plan

Evelyn on the Park

From AED 1.25M·Handover Dec 2028·5% down payment Payment
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AED 1.25M
Starting Price
Dec 2028
Handover
5% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Evelyn on the Park is a residential project by Nshama located in Town Square, designed with a focus on quality, privacy, and comfort. Its refined architecture and attention to detail create a calm and sophisticated living environment. The building includes a ground floor, two podium levels, and twelve residential floors. The contemporary minimalist design, balanced proportions, and neat aesthetics highlight the project’s status and commitment to high standards. Evelyn on the Park offers apartments with one, two, and three bedrooms, as well as spacious duplex residences. Interiors are defined by a calm, harmonious atmosphere designed for everyday comfort. Open-plan layouts create a sense of space and lightness, while large windows fill the interiors with natural light, highlighting the quality finishes and refined architectural details. Residents have access to a range of amenities, including a swimming pool, fitness club, jogging and cycling tracks, children’s play areas, as well as restaurants, cafés, and retail outlets within walking distance. The location provides convenient access to Dubai’s key destinations. District 2020 and Dubai Hills Mall are approximately 20 minutes away, Burj Al Arab is 24 minutes away, DWC Airport is 25 minutes away, Dubai International Airport is 28 minutes away, and Dubai Mall is 29 minutes away.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types1 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 53,760 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,646
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 80,983 / 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
Evelyn on the Park launch basis1,384AED 1.25MCurrent 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

Evelyn on the Park — View 2
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Evelyn on the Park official render 1

Evelyn on the Park official render 1

Evelyn on the Park official render 2

Evelyn on the Park official render 2

Evelyn on the Park official render 3

Evelyn on the Park official render 3

Evelyn on the Park official render 4

Evelyn on the Park official render 4

Evelyn on the Park official render 5

Evelyn on the Park official render 5

Evelyn on the Park official render 6

Evelyn on the Park official render 6

Evelyn on the Park official render 7

Evelyn on the Park official render 7

Evelyn on the Park official render 8

Evelyn on the Park official render 8

Evelyn on the Park official render 9

Evelyn on the Park official render 9

Evelyn on the Park official render 10

Evelyn on the Park official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Beauty Salon
Bike path
Community Lawn
Dining outlets (coffee houses & restaurants)
Dog walking area
Fitness Zone
Football field
Green Lawn (Dog Park)
Jogging tracks
Kids splash pad
Laundry
Leisure areas
Lift
Lobby
Mosque
Open Kids Play Area
Paddle court
Park Access
Pets Allowed
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Skate Park
Sleep Over Snug (Nursery)
Social zone
Sports ground
Tennis court
Walking paths

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

Evelyn on the Park by Nshama

02

Located in Town Square

03

Starting from AED 1,245,888

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Evelyn on the Park

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