Evelyn on the Park — project image
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
Rental analysisSee scenario below

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.

Scenario Cap Rate
4.3%
NOI AED 53,760 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,646
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 573,108 / annual levered cash flow. Excludes time before letting.

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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

5% down payment

Published payment summary

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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

Town Square

Developer and Project Facts

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

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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