
Lexington is an ultra-modern residential project by Nshama, located in the Town Square community. The building consists of a ground level, a podium, and 9 residential floors. It features contemporary one-, two-, and three-bedroom apartments, combining stylish design with functional layouts. All residences offer bright, spacious interiors with high-quality finishes and come with fully equipped kitchens for enhanced daily comfort. Residents have access to a wide range of amenities, including a swimming pool, gym, indoor and outdoor children's play areas, barbecue zones, and numerous green recreational spaces. These features create a well-rounded environment for relaxation, fitness, and family activities. The project stands out for its strategic location and excellent connectivity. With close access to Sheikh Mohammed Bin Zayed Road, residents can reach Burj Al Arab, District 2020, and Dubai Hills Mall in just 20 minutes. Dubai Mall, Dubai International Airport, and Al Maktoum International Airport are all within a 30-minute drive.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Lexington launch basis | 1,698 | AED 1.53M | Current launch / asking basis |
| Town Square ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Town Square premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |









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Astraterra Properties
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Town Square
Lexington by Nshama
Located in Town Square
Starting from AED 1,527,888
Unit mix includes 2 BR, Apartments
Expected handover: Sep 2027
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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