Olbia - Nshama

Town Squar

Olbia at Town Square is a residential development by Nshama on Al Qudra Road, offering a selection of 1-, 2- and 3-bedroom apartments, along with spacious 3-bedroom duplexes. The project is situated close to The Promenade, a pedestrian-friendly district with cafés, boutiques and everyday services, while the community’s Central Park is only a short walk away. Olbia is particularly attractive for buyers looking for a balance between price, efficient layouts and extensive community amenities. Current starting prices are approximately AED 995,000 (USD 270,900) for a 1-bedroom apartment, AED 1,385,000 (USD 377,100) for a 2-bedroom apartment, and AED 2,200,000 (USD 599,000) for a 3-bedroom residence. The residences are planned with practical, modern living in mind. One-bedroom homes start at approximately 587 sq ft (55 m²), two-bedroom apartments from 915 sq ft (85 m²), and three-bedroom residences from around 1,400 sq ft (130 m²). The floor plans focus on efficient use of space, featuring open-plan kitchens and dining areas, well-organised storage, and master bedrooms with en-suite bathrooms. Large windows provide natural light, while built-in cabinetry and practical work areas add convenience to everyday life. Kitchens come equipped with integrated appliances and generous work surfaces. Depending on the layout, residents can create a convenient kitchen island or peninsula. Living rooms are proportioned to accommodate different furniture arrangements, whether for a compact household or a larger family. Bedrooms include built-in wardrobes, while master suites are complemented by private bathrooms. One of Olbia’s key advantages is its location within Town Square. The community provides a wide range of facilities designed to support an active and comfortable lifestyle. Residents have access to Central Park, cycling and jogging routes, sports facilities, playgrounds, skate parks, multi-purpose fields and various outdoor recreation areas. Families also benefit from nearby supermarkets, pharmacies, mosques and everyday services. Within Olbia itself, residents can enjoy a swimming pool, fitness centre, children’s play areas, barbecue zones and designated pet-walking spaces. The development also provides convenient access to the main park and The Promenade, making cafés, services and leisure facilities easily accessible on foot. Town Square already has established retail infrastructure, including Carrefour Market and Spinneys. For larger shopping and entertainment trips, Dubai Hills Mall and Dubai Mall are within convenient driving distance. Sports enthusiasts can make use of basketball and football facilities, tennis courts and padel courts, while the landscaped park areas provide additional opportunities for outdoor activities. The project also benefits from strong road connections. Direct access to Al Qudra Road (D63), together with connections to E611 and E77, makes travel across Dubai relatively convenient. Dubai Mall and Dubai International Airport are approximately 30 minutes away. Al Maktoum International Airport and Burj Al Arab can be reached in around 25 minutes, while Dubai Hills Mall and Expo City are roughly 20 minutes away. The Jumeirah coastline is also less than 30 minutes by car. From an investment perspective, Town Square offers a relatively accessible entry point into Dubai’s residential market and has an established rental environment. Depending on the apartment type and its completion status, properties in the community can generate rental yields of approximately 6–9% annually. Across Dubai, gross residential rental returns are commonly around 7.5–10%, supporting the view that demand for well-located rental properties remains strong. For investors, the combination of a manageable purchase price, potential rental income and long-term capital appreciation makes the area worth considering. Olbia is particularly attractive for buyers looking for a balance between price, efficient layouts and extensive community amenities. Current starting prices are approximately AED 995,000 (USD 270,900) for a 1-bedroom apartment, AED 1,385,000 (USD 377,100) for a 2-bedroom apartment, and AED 2,200,000 (USD 599,000) for a 3-bedroom residence. Nshama offers an interest-free 40/60 payment structure, with a 10% initial payment required to secure a property. The expected completion of Olbia at Town Square is scheduled for Q2 2028.