ELAYA by NSHAMA

ELAYA is a 14-storey residential development by NSHAMA located in Town Square Dubai. It offers 1, 2 and 3-bedroom apartments ranging from 614 to 2,530 sq ft, each with a balcony or terrace, fully fitted kitchen, and upgraded interiors. Three-bedroom units also include a maid's room.

Apartments in ELAYA start from AED 730,000 for a 1-bedroom unit. The development offers a 50/50 payment plan, making it accessible for both investors and end-users. Handover is scheduled for Q3 2026.

ELAYA comes with a 50/50 payment plan — 50% is paid during construction and the remaining 50% on handover in Q3 2026. This structure reduces upfront financial pressure while securing a property in one of Dubai's most established communities.

ELAYA is situated in Town Square Dubai, close to Al Qudra Road and Emirates Bypass Road. DAMAC Hills and Dubai Investments Park are roughly 15 minutes away by car, and Dubai International Airport is approximately 30 minutes from the development.

Within ELAYA itself, residents have access to a swimming pool, BBQ area, and a children's play area. Town Square as a community adds a skate park, padel courts, cycling track, basketball courts, and a second community pool. Spinneys, Carrefour Market, Medcare Medical Center, and Cherry Tree Nursery are all within a 20-minute walk.

As of Q1 2024, 1-bedroom apartments in Town Square Dubai yield an average gross return of 8.7%, with starting annual rents at AED 53,000. ELAYA's competitive pricing from AED 730,000 and strong community infrastructure make it a compelling buy-to-let option.

Yes. Purchasing a unit in ELAYA worth a minimum of AED 750,000 makes you eligible for a 2-year UAE investor visa for you and your family. If the purchase value reaches AED 2,000,000 or more, you and your family qualify for a 10-year Golden Visa.

ELAYA is scheduled for handover in Q3 2026. The project is currently off-plan, giving buyers time to structure payments across the 50/50 plan before keys are handed over. NSHAMA is an established developer with a strong delivery track record in Town Square Dubai.