Lexington — project image
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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
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 65,928 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,508
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 702,828 / 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

10% down payment

Published payment summary

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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

Town Square

Developer and Project Facts

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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RERA Registered
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Property Enquiries

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

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