1-Bedroom Apartment Near the Park in Elaya, Town Square - Urgent Sale

Property Overview

This 1-bedroom apartment in Elaya by Nshama, Town Square, is offered as an urgent sale at AED 920,000. The unit measures 615 sq ft, which works out to about AED 1,496 per sq ft. It comes with one parking space and, according to the agent, sits close to the park in a community designed around open green space.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 615 sq ft
• Asking price: AED 920,000
• Price per sq ft: approximately AED 1,496
• Parking: 1 space
• Position: Close to the park (as stated by the agent)
• Building: Elaya by Nshama
• Community: Town Square

Pricing and Deal Basis

The agent submitted this apartment as an urgent sale. No original purchase price, transaction record or dated market comparison was supplied, so DPF has not calculated a discount and does not claim the price is below its original or market value. It is classified as off-plan distress because Elaya was approaching handover and the seller needs a quick sale.

The figure DPF can calculate is the rate per square foot: AED 920,000 divided by 615 sq ft is about AED 1,496. Buyers should compare it with Nshama's current pricing and recent Elaya resale transactions for similar 1-bedroom units.

About Elaya and Town Square

Elaya is a 14-storey residential development by Nshama in Town Square, offering 1- to 3-bedroom apartments. Residents will have access to an infinity pool, kids' playgrounds, a basketball court, paddle tennis, barbecue areas and cycling tracks, along with a skate park nearby.

Town Square is a master-planned community by Nshama built around a large central park, with walking, jogging and cycling trails, retail and community facilities.

Layout and Parking

The agent confirms a 1-bedroom layout of 615 sq ft with one parking space, close to the park. The floor, view, bathrooms and furnishing were not supplied. Request the unit floor plan to confirm the layout.

Payment Plan and Handover

The brief does not state whether the unit has been handed over. Resale listings for Elaya have cited a Q3 2026 handover. Confirm the handover status, the payment schedule and any outstanding balance from the seller's SPA or title deed and Nshama's statement of account before committing.

Location and Connectivity

Town Square is located off Al Qudra Road, between Dubai Studio City and Arabian Ranches. Travel times depend on route and traffic, so buyers should check their own journeys.

Verification Notes

• Agent-supplied facts: 1 bedroom, 615 sq ft, close to the park, 1 parking space, urgent sale, AED 920,000.
• DPF calculations: about AED 1,496 per sq ft.
• External research: developer, 14-storey height, unit mix and amenities from portal project data; Q3 2026 handover from resale listings. No official Nshama page was found.
• Not supplied: original price, price benchmark, handover status, payment plan, floor, view, bathrooms and furnishing.