
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.
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 |
|---|---|---|---|
| Odessa launch basis | 2,791 | AED 2.51M | 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
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
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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