Noor Townhouses - NSHAMA Town Square  

NSHAMA (the developer of Town Square) have announced a new phase of townhouses to be sold on the 19th of November, 2016, called Noor. As with previous townhouse phases in Town Square (Zahra, Hayat, Safi) Noor will have 3 & 4 bedroom townhouses available to purchase on a 3 year payment-plan.

Master Community: NSHAMA Town Square
Property Types Available: Villas
Location: Al Qudra Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: September 2019
Developer: NSHAMA
Title Type: Freehold
Quality Classification: Mid-end
Life Cycle: Under Contruction

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Noor Townhouses

Investment Score

Value for Money
90%
Project Uniqueness
90%
Location & Connectivity
65%
Rental Yield Expectation
55%
Capital Growth Expectation
80%
More information on investment scores

Total Score

Synopsis

Sale Status: Nearly sold out. Limited units available.

Payment Plan: Average payment-plan

Ideal for: End-Users & Investors

Price Range: AED 640 PSF - AED 740 PSF

Unit Types Available: Villa

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What Our Experts Think

Noor Townhouses were launched by NSHAMA Town square on the 19th of November, 2016. As of late November 2016, we can report that most of the townhouses in this enclave have been mostly sold out with just a handful of units available for sale.

As with previous phases (Zahra, Hayat and Safi) this phase also consists of 3 & 4 bedroom townhouses offered at similar 3 year payment-plans.

Launch prices for 3 bedrooms ranged from AED 1.28 - 1.35 million

Prices for the 4 bed townhouses ranged from AED 1.6 - 1.75 million.

There may still be an opportunity to purchase directly from the developer (subject to availability) with no transfer fees / agency fees payable - subject to availability.

Noor Townhouses launching on 19th November, 2016.

3 & 4 bed townhouses. Register to attend the sales launch.

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About Noor Townhouses

Summary

- Fourth enclave of townhouses launched by NSHAMA in Town Square (previous phases are Zahra, Hayat and Safi)

- Launched on November 19th, 2016

- Consists of 3 & 4 bedroom townhouses

- 3 year payment-plan offered

Payment-Plan

10% Downpayment

10% April 2017

10% Aug 2017

10% Dec 2017

10% Aug 2018 (40% construction milestone)

10% Dec 2018 (50% construction milestone)

10% Apr 2019 (70% construction milestone)

30% on handover Sep 2019 (100% construction)

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