Odessa
Project Overview
Odessa is a modern residential complex by the developer Nshama, located in the Town Square district. The architectural concept includes a ground level with a stylish lobby, two parking levels, and 13 residential floors. The complex stands out with its clean lines and large windows, emphasizing a contemporary style while allowing plenty of natural light. The facade harmonizes with the greenery, offering a balance of urban living and nature. Odessa features one-, two-, and three-bedroom apartments, as well as spacious three-bedroom duplexes. Interiors prioritize practicality, with bright living rooms, stylish bedrooms with porcelain stoneware flooring, and functional kitchens with built-in appliances. Residents enjoy a variety of amenities: a large leisure pool, a modern gym, barbecue areas, and children's playgrounds. Nearby, Town Square Park offers green spaces, cycling paths, and jogging tracks. Shops, cafés, a fitness club, and a veterinary clinic are all within walking distance, ensuring everyday convenience. The complex is ideally located for access to Dubai’s key attractions: just 24 minutes to Dubai Mall and 20 minutes to Dubai Hills Mall. Proximity to Al Qudra Road allows easy access to major highways, ensuring great connectivity.
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.
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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Gallery
Astraterra Properties
Official Documents
Download official marketing materials from Nshama.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Town Square
Nearby Destinations
Developer and Project Facts
Odessa by Nshama
Located in Town Square
Starting from AED 2,511,888
Unit mix includes 3 BR, Apartments
Expected handover: Dec 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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