Olbia at Town Square Dubai is the newest residential development by Nshama, providing a refined selection of 1, 2, and 3-bedroom apartments alongside expansive 3-bedroom duplexes. Crafted for those who seek a balance between sleek modern architecture and the freedom of an active community, Olbia stands as a symbol of contemporary elegance. The development is strategically located adjacent to The Promenade, Town Square’s signature boulevard, ensuring that boutique shops, cozy cafés, plus lush walkways are always just a few steps away.
The residences at Olbia are defined by their intelligent use of space and abundance of natural light. Open-plan living and dining areas flow effortlessly onto wide balconies, giving stunning views of the surrounding greenery. Whether you are a young professional seeking a sleek urban retreat or a family seeking a wholesome environment, Olbia provides a custom-made experience that fosters a genuine sense of belonging. With an estimated completion in June 2028, it remains one of the most anticipated launches in the Town Square master plan.
Property Details
| Feature | Details |
| Developer | Nshama |
| Location | Town Square, Dubai |
| Property Type | Apartments & Duplexes |
| Starting Price | AED 955,888 |
| Government Fee | 4% DLD Fee |
| Unit Status | Off-Plan |
| Ownership | Freehold |
| Estimated Completion | June 30, 2028 (Q2) |
| Views | The Promenade, Central Park, and Landscaped Courtyards |
Features & Amenities
| Feature | Details |
| Health & Wellness | Fully equipped gymnasium, 10km running track, and 13km cycling trails |
| Swimming Pools | Dedicated adult and children’s resort-style swimming pools |
| Parks & Greenery | Direct access to the 50,000 sqm Town Square Park and 16 community gardens |
| Leisure & Fun | Carousel, splash pad, kids’ train, wave rider, and trampoline park |
| Social Life | Outdoor BBQ zones, community clubhouse, and a dedicated pet washroom |
| Retail & Dining | Proximity to 250+ retail outlets and boutique restaurants along The Promenade |
Location & Connectivity
Olbia is located at the heart of Town Square, providing excellent connectivity via Al Qudra Road (D63) and Emirates Road (E611):
- 10 mins, Dubai Hills Mall
- 20 mins, District 2020 (Expo City Dubai)
- 24 mins, Burj Al Arab
- 25 mins, Al Maktoum International Airport (DWC)
- 28 mins, Dubai International Airport (DXB)
- 29 mins, Dubai Mall & Downtown Dubai
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | On the booking date |
| During Construction | 30% | Paid in easy installments (10% after 3 and 10 months, 5% after 16 and 22 months) |
| On Handover | 60% | Final balance due upon completion in Q2 2028 |
Note: This 40/60 payment structure is specifically designed to offer financial flexibility for both first-time buyers and seasoned investors.
Floor Plans
Unit sizes at Olbia at Town Square Dubai: Sophisticated Urban Living run from 587 to 1,400 square feet: 1-Bedroom Apartment at 587 sq ft, 2-Bedroom Apartment at 916 sq ft and 3-Bedroom Apartment at 1,400 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range (Sq. Ft.) | Key Features |
| 1-Bedroom Apartment | 587 to 639 Sq. Ft. | Modern open-plan kitchen and private balcony access |
| 2-Bedroom Apartment | 916 to 1,021 Sq. Ft. | Spacious bedrooms with en-suite baths and laundry area |
| 3-Bedroom Apartment | 1,400 to 1,401 Sq. Ft. | Corner layouts featuring a maid’s room and expansive views |
| 3-Bedroom Duplex | Various Sizes | Double-height ceilings and premium lifestyle upgrades |
Note: Detailed floor plan layouts for Type A, B, and C are available upon request.
Why Invest in Nshama Olbia
- High Rental Yields: Town Square is a top-performing rental hub, with 1-bedroom apartments currently achieving ROI up to 8.6%.
- Strategic “Promenade” Location: Positioned next to the community’s main social boulevard, Olbia offers higher potential for capital appreciation compared to inner blocks.
- Affordable Entry Point: Starting at under AED 1M, Olbia provides a luxury lifestyle at a price point significantly lower than Dubai Marina or Downtown.
- Master Community Value: Benefit from a fully mature community with existing schools, clinics, and a massive central park already in operation.
- Golden Visa Eligibility: High-value units like the 3-bedroom duplexes qualify owners for the 10-year UAE Golden Visa.
FAQs About Nshama Olbia
Q1: What is the handover date for Olbia?
A: The expected completion and handover date is scheduled for June 2028.
Q2: Is Olbia a freehold project?
A: Yes, Olbia is a freehold property, meaning both UAE nationals and international investors can enjoy 100% ownership.
Q3: Are there duplexes available in Olbia?
A: Yes, Olbia features a limited selection of premium 3-bedroom duplex apartments for those seeking more space and architectural flair.
Q4: Is parking included with the units?
A: Yes, each apartment typically comes with allocated parking. Larger units like the 3-bedroom and duplexes usually receive two parking spaces.
Q5: What are the nearest attractions?
A: Residents are just minutes away from Global Village, Dubai Miracle Garden, and the Trump International Golf Club.
More about Town Square
Read the Cresco area guide to Town Square. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Town Square area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Town Square
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 69 residential sales were registered in Town Square. The median was AED 1,150,000 and the middle half fell between AED 850,000 and AED 1,350,000. This project is advertised from AED 955,888, which sits inside that range.
For the unit type this project leads with, 1 B/R, the registered median in Town Square was AED 820,000 across 17 sales, at AED 1,397 per square foot and a median size of 602 sq ft.
| This project, advertised entry price | AED 955,888 |
| Registered median price, Town Square | AED 1,150,000 |
| Middle half of registered sales | AED 850,000 to AED 1,350,000 |
| Registered median per sq ft | AED 1,313 |
| Registered median unit size | 937 sq ft |
| Share bought off plan | 16% |
| Ready stock, median per sq ft | AED 1,309 from 58 sales |
| Registered residential sales in the period | 69 |
Registered sales by bedroom count in Town Square
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| 1 B/R | 17 | AED 820,000 | AED 1,397 | 602 sq ft |
| 2 B/R | 36 | AED 1,220,000 | AED 1,246 | 949 sq ft |
| 3 B/R | 9 | AED 1,875,000 | AED 1,321 | 1,424 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Town Square
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Town Square recorded 4,613 registered rental contracts and 796 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 94 per sqft against a ready sale price of AED 1,354 per sqft. That is a gross yield of 6.9% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Town Square moved +8.5 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -0.8%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 360 | 42,663 | 125 | +10.7 |
| 1 bedroom | 1,963 | 57,534 | 99 | +8.4 |
| 2 bedroom | 1,903 | 85,207 | 85 | +11.9 |
| 3 bedroom | 384 | 118,503 | 78 | +8.9 |
| All apartments | 4,613 | 72,927 | 94 | +8.5 |
Full Town Square guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 31 August 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to August 2026.
