Town Square Off Plan Properties

Live Outside the Ordinary

A large-scale new area by NSHAMA, is located in the new under
construction area of Dubai, away from the hustle & bustle of the
metropolis. This new micro-city, with a total area of 3 million sqm,
is located at the intersection of Emirates Road and Al Qudra Road

AED 780,000

Starting Price

Buy Directly

from developer

MAKE AN ENQUIRY

Luxury in the heart of Dubai

nshama properties for sale

30 Minutes

to Downtown Dubai

35 Minutes

to Dubai Marina

40 Minutes

to DXB Airport

50 Minutes

to DWC Airport

Town Square

Town Square is a new large scale complex of apartments and townhouses launched in Dubai in early March 2015 by NSHAMA away from the hustle and bustle of Dubai.

This new micro-city with a total area of about 3 millions square meter is located in the outskirts of Dubai at the intersection of the Emirates Road and Al Qudra Road (D63). It allows to reach golden sands of Palm Jumeirah in 20 minutes drive and famous Dubai Mall in 25 minutes. The road to Dubai International Airport will take just half an hour.

Town Square by is the good place for living for both active young people & families with kids. According to developer, the entire project will be completed over 10 years.

The development will consist of central public space the size of 16 football fields, over 500 retail outlets, the cinema to be managed by Reel Cinemas and VIDA Hotel.

Ideal to Raise A Family

Properties for sale in Town Square

Fia Apartments for sale

APARTMENTS

FIA Nshama

AED 780,888

Why

Town Square

This new micro-city with a total area of about 3 millions square meter is located in the outskirts of Dubai at the intersection of the Emirates Road and Al Qudra Road (D63). It allows to reach golden sands of Palm Jumeirah in 20 minutes drive and famous Dubai Mall in 25 minutes. The road to Dubai International Airport will take just half an hour.

Town Square by is the good place for living for both active young people & families with kids. According to developer, the entire project will be completed over 10 years.

The development will consist of central public space the size of 16 football fields, over 500 retail outlets, the cinema to be managed by Reel Cinemas and VIDA Hotel.

Apartments for sale in Dubai

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How to Buy

in Dubai

Signing a contract to purchase a property that has not yet been built is known as an offplan property. It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier. Dubai’s real estate market draws serious investors from around the world. 

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods. 

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai. 

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All real estate transactions that are not registered in DLD’s registers are considered invalid.

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures. 

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor. 

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