- 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.
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