Noor Townhouses  

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.

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 Construction

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

Launch Report & Feasibility

- Noor Townhouses were launched by NSHAMA Town square on the 19th of November, 2016.

- As of late March 2017, 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.

- Launch prices from AED 650 - 750 per sq. ft.

- 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. Please use the inquiry form above to get in touch with a project specialist.

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)

Ramadan 2017 Payment Plan:

- 10% Down Payment

- 10% December 2017

- 80% Upon Handover

Project Completion Status (as per DLD): 10.08% (as of Sept 18, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 213

Project Number: 1823

Real Estate Developer: NSHMI DEVELOPMENT

Trust Account Number: 00110895640019

Account Trustee Name: NOOR BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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