Noor Townhouses
✓ Resale Available

Noor Townhouses

From AED 3.10M·Completed Jun 2020·Developer payment plan available Payment
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AED 3.10M
Starting Price
Jun 2020
Handover
Developer payment plan available
Payment Plan
3 BR · Villa
Type

Project Overview

Noor Townhouses is a residential complex of townhouses from the developer Nshama, located in the Town Square area. The project includes modern family townhouses focused on a comfortable life in well-maintained environment with developed infrastructure. The exterior of Noor Townhouses is designed in a modern style, a light color palette of facades and large windows that fill the houses with natural light. The architecture organically combines with the landscaping of the area, pedestrian alleys and courtyards, forming a peaceful living environment. The project features townhouses with 3-4 bedrooms, designed with an emphasis on family lifestyle. The interiors feature modern finishes in neutral tones, thoughtful layouts with living and dining areas, spacious bedrooms and comfortable kitchens. Key amenities of Town Square are available to residents, including swimming pools, gyms, children's play areas, running and cycling tracks, as well as green spaces for recreation and walking. The area has a well-developed social infrastructure and a comfortable living environment. Noor Townhouses successfully combines the tranquility of a residential area and convenient connection to key locations in the city. Town Square Park, as well as convenience stores and cafes are within walking distance. It takes about 30 minutes to drive to Dubai Mall, about 28 minutes to Palm Jumeirah, and about 33 minutes to drive to Dubai International Airport.

Project Specifications
DeveloperNshama
LocationTown Square
Unit Types3 BR, Villa
AreaTown Square
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 133,765 / year
Cash-on-Cash
1.8%
Levered cashflow AED 31,465
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 201,500 / 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
Noor Townhouses launch basis3,444AED 3.10MCurrent 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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Noor Townhouses official render 1

Noor Townhouses official render 1

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Noor Townhouses official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Nshama.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Adults Pool
BBQ
Basketball court
Bike path
Children’s pool
Cinema
Community Lawn
Dining outlets (coffee houses & restaurants)
Dog walking area
Jogging tracks
Landscape Open Areas
Leisure areas
Open Kids Play Area
Park Access
Parking
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Security and CCTV
Shared gym & fitness
Social zone
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

Noor Townhouses by Nshama

02

Located in Town Square

03

Starting from AED 3,100,000

04

Unit mix includes 3 BR, Villa

05

Expected handover: Jun 2020

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Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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