Town Square surpasses the top performing areas in Dubai
Town Square Dubai Rises to #1 in Residential Transactions
Town Square Dubai has seen a remarkable surge in popularity during the summer, becoming one of Dubai’s most sought-after suburban communities. Its well-planned infrastructure has attracted residents not just from Dubai, but also from other Emirates. According to Property Monitor—a leading data and analytics platform—the community recorded 195 residential sales and rental transactions in a single month, jumping from rank 17 last year to the top spot in July and August 2020.
Dubai Marina ranked second with 98 transactions, followed by Jumeirah Village Circle with 58. These numbers clearly show growing demand for ready-to-move-in properties, with both rentals and sales increasing due to strong supporting market conditions.
Affordable Housing Demand Boosts Nshama Town Square Dubai’s Popularity
The surge in activity reflects the rising demand for affordable housing paired with excellent amenities. Town Square Dubai meets these needs through smart pricing and a wide range of features.Dubai Real estate experts believe this momentum will continue, as few communities can match the value Town Square Dubai offers—modern living at highly competitive prices.
Is it worth living or investing in Dubai Town Square?
Unbeatable Prices and Financing Options Drive Long-Term Growth
The community offers one-bedroom rentals starting from AED 30,000 per year, with two-bedroom units at AED 45,000 and three-bedroom homes from AED 60,000. For buyers, prices start at AED 450,000 for one-bedroom apartments, AED 630,000 for two-bedroom units, and AED 890,000 for three-bedrooms. Leading UAE banks also provide mortgage assistance, making homeownership more accessible.
Elaya Town Square | Luxury Apartmetns For Sale by Nshama
A recent increase in the loan-to-value (LTV) ratio from 75% to 85% has further driven interest. Buyers now need only a 15% down payment—much lower than the previous 25%. With more units nearing handover, Town Square Dubai continues to attract mid-income families and first-time buyers, ensuring long-term demand.
