Town Square is Nshama's volume value play: apartments and townhouses around a central square, skate park and cinema, priced for first-time buyers the inner communities priced out. It suits exactly them, young families entering ownership, and yield investors in the apartment blocks. It doesn't suit buyers expecting premium finishes or short commutes. What to watch: relentless new phase releases compete with your resale; the townhouse rows age better than the apartment stock. , Equity Edge analyst note
AED 875K15%below the registered medianbelow the 1 bed apartment median
Registered1 September 2026
What sold1 bed apartment in Al Yelayiss 2
Like-for-like medianAED 1.03Mevery 1 bed apartment registered in Al Yelayiss 2, 12 months
Drawn from695 salesmedian AED 1,627/sqft
All apartmentsAED 1.3Macross every layout, 1,934 sales
DLD registered transactions for Town Square, trailing 12 months. The registry publishes no project name against a sale, so like-for-like here means the same area, the same property type and the same number of bedrooms. Methodology
The buildings of Town Square, by the registered numbers
UK - International Baccalaureate · Arabian Ranches · ~13 min · avg AED 77k/yr
OUTSTANDING
Ranches Primary School
UK · Arabian Ranches · ~7 min · avg AED 49k/yr
VERY GOOD
Royal Grammar School Guildford L.L.C
UK · Dubai Sports City · ~14 min · avg AED 80k/yr
VERY GOOD
Fairgreen International School L.L.C
International Baccalaureate · Dubai Land · ~6 min · avg AED 77k/yr
GOOD
South View School L.L.C
UK · Dubai Land · ~9 min · avg AED 46k/yr
GOOD
GEMS Metropole School - Dubai Branch
UK · Motor City · ~13 min · avg AED 39k/yr
GOOD
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi): verify at the source. Drive times approximate.
Questions buyers ask about Town Square
What does an apartment cost in Town Square in 2026?
The median registered sale price for a Town Square apartment is AED 1.3M (1,934 DLD-registered sales, 12 months to Sep 2026), or AED 1,561/sqft. The median 1-bedroom sold for AED 1.03M.
What rent does an apartment achieve in Town Square?
The median registered rent is AED 69K/year across 4,246 Ejari contracts (12 months to Sep 2026). These are registered contracts, not asking prices.
What gross yield do Town Square apartments deliver?
5.3% gross, median registered rent divided by median registered sale price, both from the trailing 12 months. Asking-price yields quoted elsewhere usually flatter; this is the registered number.
Is Town Square a good first buy?
It’s one of Dubai’s few genuine entry points to freehold townhouse ownership, and the apartment yields run high. Go in knowing the trade-offs: distance, developer-grade finishes, and continuing supply. The registered numbers above show exactly what the market pays.
What’s the commute from Town Square?
Al Qudra Road links to Emirates Road and Umm Suqeim Street, the Marina and Downtown both run 25-30 minutes off-peak, more at rush hour. Tenants are typically Dubailand-corridor workers and families choosing space over centrality.
Apartments or townhouses in Town Square?
Townhouses hold value better and rent to stickier family tenants; apartments yield higher on paper but face constant new-phase competition. The per-type registered tables above put real numbers on that split.
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Everything priced against registered sales, the Town Square median is AED 1.3M, never asking prices.