Gallery
Imagery courtesy of Nshama.
The project
About Elaya
Elaya is a residential building within Town Square, Nshama's Al Qudra Road community, offering one- to three-bedroom apartments.
Starting prices are around AED 730,888 for one-bedrooms, AED 1.1 million for two-bedrooms and AED 1.65 million for three-bedrooms, on a 50/50 structure.
Handover is expected around September 2026.
Payment
Payment plan
50/50 — 10% on booking, 40% during construction, 50% on handover
At a glance
Elaya key facts
- Developer
- Nshama
- Community
- Town Square
- Status
- Handover soon
- Handover
- Q3 2026
- Starting price
- AED 731K
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 50/50
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 731K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Elaya
- 01
Agree the price
Agree terms with the seller of a unit at Elaya, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Nshama issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Entry pricing below AED 750K
- 50/50 payment structure
- Established community amenities
What to weigh
- Payment plan descriptions differ between sources
- Al Qudra Road commute
- Handover confirmation needed
FAQ
Elaya — frequently asked questions
What is the starting price of Elaya?
Published pricing at Elaya starts from AED 731K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Elaya?
Elaya is scheduled for handover in Q3 2026. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Elaya?
50/50 — 10% on booking, 40% during construction, 50% on handover
Who is the developer of Elaya?
Elaya is developed by Nshama in Town Square, Dubai.
What unit types are available at Elaya?
Elaya offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Elaya located?
Elaya is in Town Square, Dubai.
Can foreigners buy at Elaya?
Yes. Town Square is a freehold area, so buyers of any nationality can own property at Elaya outright.
Does buying at Elaya qualify for the UAE Golden Visa?
The entry price of AED 731K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Elaya?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 29K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Elaya?
MRK Real Estate advises on primary purchases and resales at Elaya. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Nshama before any transaction.
