Sold outapartmentNshama

Elaya

Dubai · Town Square · Elaya

Elaya is an apartment development in Town Square, Dubai, built by Nshama. The project is sold out, and resale units start at AED 900,000. Homes are 1 to 3 bedroom apartments, from 614 to 1,529 square feet. The development is under construction, with handover scheduled for Q3 2026. Ownership is freehold.

Key facts

Handover (past)
Q3 2026
Status
Under construction
Construction progress
42%
Ownership
freehold
Property types
apartment
Availability
Sold out

How Elaya compares

Entry here is AED 730,888, against a median of AED 850,444 across the 36 priced projects in Town Square, which puts it above 8 of them and below 27. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2026, alongside 94 other projects completing in the same quarter. Nshama has 37 projects in our catalogue, 36 of them in Town Square.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Standard

10%

Down payment

40%

During construction

50%

On handover

During construction, in four instalments

  1. Instalment 110%
  2. Instalment 210%
  3. Instalment 310%
  4. Instalment 410%

Available units

TypeArea (sqft)BathroomsLayoutsStarting price
1 bedroom61411AED 730,888
2 bedroom1,016 - 1,16732AED 1,100,888
3 bedroom1,52941AED 1,600,888

Amenities

  • CCTV Security
  • Mosque
  • Restaurants
  • Well-being and Fitness
  • Gymnasium
  • Barbecue Area
  • Children's Play Area

Location

Elaya sits in Town Square.

Distance to landmarks (straight line)

  • Expo City Dubai15 km
  • Dubai Marina17 km
  • Al Maktoum International Airport (DWC)18 km
  • Business Bay20 km

Straight-line distance from the project's coordinates, not a drive time.

Master plan

The developer’s own site plan for Elaya, showing how the buildings, roads and open space sit together.

Master plan for Elaya by Nshama in Town Square

What you pay, and when

The launch schedule split the price 10% on booking, 40% during construction and 50% at handover. The 40% due during construction fell in four instalments of 10%. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 36,000 at this resale price. That 10% booking payment is not paid to Nshama directly: Dubai's Law 8 of 2007 requires a registered project to hold it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 614 square feet at AED 730,888, which works out at AED 1,190 per square foot. Stated sizes run from 614 to 1,529 square feet.

Handover and construction

Handover is scheduled for Q3 2026. Construction was last recorded at 42% complete.

Ownership and residency

Elaya is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed falls short of the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 730,888 and 3 bedroom units at AED 1,600,888, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Among the shared facilities recorded for Elaya are mosque and well-being and fitness, alongside the CCTV security, restaurants, gymnasium, barbecue area and children's play area that most Dubai developments carry. 4 floor plans are published for it.

Frequently asked

Can you still buy at Elaya?+

Elaya is sold out from the developer, and resale units are listed from AED 900,000.

When does Elaya hand over?+

Elaya is scheduled to hand over in Q3 2026, alongside 94 other projects we track in the same quarter.

What is the payment plan at Elaya?+

The launch plan at Elaya was 10% on booking, 40% during construction and 50% at handover. The developer has sold out, so a purchase now is a resale from a private owner and the terms are whatever the two sides agree.

What sizes are available at Elaya?+

Elaya is apartments in 1 to 3 bedroom layouts, from 614 to 1,529 square feet.

Can a foreign buyer own a home at Elaya?+

Elaya is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed is below the AED 2,000,000 threshold for the 10 year UAE golden visa.

Which community is Elaya in?+

Elaya is in Town Square, Dubai. We track 36 projects in Town Square.

Who is building Elaya?+

Elaya is developed by Nshama, who have 37 projects in our catalogue.

Before you commit

Ask about Elaya

Your advisor

Luxury Located Real Estate

Regulated as a brokerage by the Dubai Land Department and RERA

Replies the same day, seven days a week, with this project already attached.

+971 58 525 7777bh@luxurylocated.com

Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.

Related off-plan projects

Others in Town Square, then more from Nshama.

Elaya is an off-plan development by Nshama in Town Square, priced from AED 730,888. See more Nshama projects or all 36 off-plan projects in Town Square. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.