1BR Apartment in Olbia, Town Square

Olbia is an off-plan project by Nshama in Town Square, Dubai. This 1-bedroom apartment has 774 sq ft of living space and starts from AED 1,169,888 (about AED 1,512 per sq ft), with handover expected in Q2 2028 on a 40/60 payment plan.

Key facts: Developer: Nshama. Community: Town Square, Dubai. Unit: 1 bedroom, 774 sq ft. Starting price: AED 1,169,888. Payment plan: 40/60. Expected handover: Q2 2028. Amenities listed by the developer: kids play area, sports court, swimming pool, walking trail, gym.

How does the price compare with Town Square? Registered sales in Town Square had a median of AED 1,324 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 409 sales). At about AED 1,512 per sq ft, this unit is around 14% above that median.

What rental yield can investors expect in Town Square? The median annual rent was AED 65,000, giving a gross yield of about 7.3% over the same period (Dubai Land Department, 3,738 Ejari contracts in Al Yelayiss 2). Actual returns depend on the unit, floor and market conditions.

What does the 40/60 payment plan mean? It typically means 40% of the price is paid in instalments during construction and 60% on handover. The exact schedule is set in Nshama's sales offer.

Prices and availability come from the developer and can change. Contact Platinum Square for the latest floor plans, available units and full payment schedule.