
Olbia Town Square is a residential project by Nshama, located in the Town Square community. The building includes a ground floor, two podium levels, and ten residential floors. The exterior is designed in a contemporary minimalist style with an emphasis on clean geometry and a rhythmic arrangement of balconies. The façades are finished in a neutral color palette, combining smooth panels and glass. Panoramic windows and open balconies create a light and refined appearance. The project features one-, two-, and three-bedroom apartments. Interiors are designed in a contemporary aesthetic with a focus on a light neutral palette and natural materials. Panoramic windows fill the spaces with natural light, while clean lines and warm textures create a calm and balanced atmosphere. Residents benefit from infrastructure designed for everyday comfort, including a swimming pool, fitness center, jogging and cycling tracks, children’s play areas, sports courts, as well as access to retail outlets, cafés, and everyday services within the community. The project is located in the dynamic Town Square area with convenient access to key destinations across the city. Dubai Hills Mall and District 2020 are approximately 20 minutes away, Burj Al Arab — 24 minutes, Al Maktoum International Airport — 25 minutes, Dubai International Airport — 28 minutes, and Dubai Mall — around 29 minutes.
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 |
|---|---|---|---|
| Olbia Town Square launch basis | 1,113 | AED 1.00M | 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
Olbia Town Square by Nshama
Located in Town Square
Starting from AED 1,001,888
Unit mix includes 1 BR, Apartments
Expected handover: May 2028
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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