Lexington
Off-Plan

Lexington

From AED 1.53M·Handover Sep 2027·10% down payment Payment
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AED 1.53M
Starting Price
Sep 2027
Handover
10% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types2 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 65,928 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,508
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 99,313 / 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
Lexington launch basis1,698AED 1.53MCurrent 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

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Lexington official render 1

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Lexington official render 9

Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Bike path
Club house
Dining outlets (coffee houses & restaurants)
Jogging tracks
Leisure areas
Lobby
SPA
Sauna
Security and CCTV
Shared Pool
Tennis court

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

Lexington by Nshama

02

Located in Town Square

03

Starting from AED 1,527,888

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Sep 2027

06

Official render/gallery images available

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Limited units available · Direct developer pricing · Serious buyer routing

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