Grove On The Park
Off-Plan

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
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 54,148 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,737
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 81,568 / 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
Grove On The Park launch basis1,394AED 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

Grove On The Park — View 2
Grove On The Park — View 3
Grove On The Park — View 4
Grove On The Park — View 5
Grove On The Park official render 1

Grove On The Park official render 1

Grove On The Park official render 2

Grove On The Park official render 2

Grove On The Park official render 3

Grove On The Park official render 3

Grove On The Park official render 4

Grove On The Park official render 4

Grove On The Park official render 5

Grove On The Park official render 5

Astraterra Properties

Official Documents

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Payment Structure

Payment plan: 10% — On booking

Flexible Payment

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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

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

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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