Grove On The Park — project image
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Grove On The Park

From AED 1.25M·Handover Jul 2026·Payment plan: 10% — On booking Payment
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AED 1.25M
Starting Price
Jul 2026
Handover
Payment plan: 10% — On booking
Payment Plan
1 BR · 2 BR
Type

Project Overview

Grove On The Park is a residential project by Nshama, located in the lush community of Town Square. The building consists of a ground level, one podium level, and eight residential floors. It offers stylish one-, two-, and three-bedroom apartments, each featuring a balcony with beautiful views of the park or urban surroundings. Interiors are designed using premium materials in soft, light tones to create a cozy atmosphere and enhance the sense of space. Residents benefit from a range of amenities, including a swimming pool, a fully equipped gym, and children's play areas. Right next to the building lies Town Square Park, offering walking and cycling paths, relaxation zones, and barbecue areas. Within walking distance are cafes, restaurants, supermarkets, beauty salons, laundries, pet shops, and more. Town Square is located in the southwest of Dubai and is known for its abundant greenery, creating a serene, nature-inspired environment. Thanks to its proximity to major highways, the complex ensures quick access to the city's top destinations: Dubai Hills Mall and Expo City are just 20 minutes away, while Dubai Mall and Burj Al Arab can be reached in around 25 minutes.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types1 BR, 2 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 54,148 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,737
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 577,248 / 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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Astraterra Properties

Official Documents

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Payment Structure

Payment plan: 10% — On booking

Published payment summary

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Amenities & Lifestyle

BBQ
Basketball court
Central A/C
Dining outlets (coffee houses & restaurants)
Football field
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped park
Laundry
Leisure areas
Pets Allowed
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Tennis court
Walking paths

Location

Grove On The Park location map
Project location

Nearby Destinations

Town Square

Developer and Project Facts

01

Grove On The Park by Nshama

02

Located in Town Square

03

Starting from AED 1,254,888

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Jul 2026

06

Official render/gallery images available

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

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