Elaya is a vibrant residential project developed by Nshama, positioned in the heart of the thriving Town Square Dubai master community. Designed to provide “countless opportunities” for modern living, Elaya emphasizes a seamless blend of efficiency, elegance, and community spirit. The project showcases a mid-rise tower offering 1, 2, and 3-bedroom apartments that prioritize privacy and functionality. Each particular home is finished with contemporary materials, including glazed porcelain flooring, integrated closets, plus open-plan kitchens designed to maximize natural light and spatial flow.

As of March 2026, Elaya is in an advanced stage of construction, with progress currently at approximately 42%. This makes it one of the closest projects to completion within the current Nshama portfolio. Having launched in late 2024, the developer inventory is completely sold out, but this particular project maintains high liquidity with 16 active resale listings. With an expected completion in August 2026, Elaya is a prime choice for investors plus end-users seeking a near-ready property in a fully established, family-friendly neighborhood.

Property Details

Location & Connectivity

Elaya’s central position within Town Square offers excellent access to key highways like Al Qudra Road (D63) and Emirates Road (E611):

• 10 mins – Plantation Equestrian and Polo Club
• 15 mins – Dubai Miracle Garden
• 20 mins – Jebel Ali Racecourse & Expo City Dubai
• 25 mins – Downtown Dubai & The Dubai Mall
• 30 mins – Dubai International Airport (DXB)

Why Invest in Elaya

• Near-Term Delivery: With handover in August 2026, Elaya offers a much shorter capital-lock period compared to newer 2027/2028 launches.
• Established Community: Town Square is a mature area with operational supermarkets (Spinneys, Carrefour), schools, and hospitals, ensuring immediate rental demand.
• High ROI Potential: Park-side units in Town Square consistently generate 8%–9% gross rental yields, driven by high demand from young families.
• Proven Appreciation: Launch prices for 1-beds were AED 731K; current market entry is AED 950K+, showing a significant upward trend in capital value.
• Nshama’s Track Record: The developer is known for high-quality finishing and community management, which preserves the long-term value of the asset.

End Description

Features

Card Down payment: 10%

Card During Construction: 40%

Card On Completion: 50%

Location

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Floor Plan Tab

For: 1 Bedroom Apartment
Starting Price: Call Us
Average Area: 614 Sq. Ft

For: 2 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,167 Sq. Ft

For: 3 Bedroom Apartment
Starting Price: Call Us
Average Area: 1,529 Sq. Ft