Price from
AED 725.9K
Starting price for Kaya.

Under Construction
Kaya by Nshama in Town Square offers one-bedroom apartments from AED 725.9K (57.6 sqm) and two-bedrooms from AED 1.07M (94.
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Data coverage
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Price from
AED 725.9K
Starting price for Kaya.
Completion
Q3 2026
Tracked completion target for Kaya.
Related projects
11
Nearby launches and other Nshama projects.
Kaya is a mid-rise residential project by Nshama inside Town Square, offering one- and two-bedroom apartments starting from AED 725.9K with a Q3 2026 handover target. Observed pricing across 18 tracked transactions runs from AED 11,323 to AED 12,602 per sqm, placing Kaya at the accessible end of Town Square's off-plan range. The critical variable before deciding: construction is currently 31.08% behind schedule, which puts real pressure on that Q3 2026 date and demands scrutiny of your payment milestone exposure before capital is committed.
Kaya offers two configurations: one-bedroom apartments at a fixed 57.6 sqm from AED 725.9K, and two-bedroom apartments at 94.58 sqm from AED 1.07M. Across 18 tracked transactions, observed per-sqm pricing spans AED 11,323 to AED 12,602. The two-bedroom consistently prices at the lower end of that range — approximately AED 11,323 per sqm — while the one-bedroom sits at the upper end near AED 12,602 per sqm. That gap is not incidental; it reflects the standard volume discount on larger floor plates and is a direct input for any yield calculation. At AED 1.07M entry, the two-bedroom delivers roughly 11% more floor area per dirham than the one-bedroom, which matters in a community where family-sized units command longer tenancies and higher absolute rent. Acquisition costs include a 4% buyer-side fee and standard DLD registration, which should be modelled into total entry before comparing net yield against competing launches. For a broader pricing benchmark across active Dubai launches, see all off-plan projects.
Kaya's construction schedule is currently 31.08% behind plan against a stated Q3 2026 completion target. For a project targeting handover inside twelve months from now, that volume of slippage is not a minor variance — it is a structural risk that changes how a buyer should structure their financial exposure. The most direct consequence hits buyers whose final payment tranche is handover-linked: a delayed handover defers that capital call, but it equally defers rental income and the start of any loan repayment offset. Nshama has delivered multiple phases within Town Square since the community launched, giving the developer a multi-project track record across the same master plan — but individual building timelines have diverged from master delivery schedules before. Before committing, request a current construction milestone report directly from Nshama, confirm which tranches are triggered by build stage versus practical completion, and verify whether the payment plan includes any penalty or compensation mechanism tied to delay. Buyers weighing off-plan risk against the certainty of a ready unit should work through Off-Plan vs Ready before finalising a selection.
Town Square is a wholly Nshama-developed master plan positioned in the Dubailand corridor, approximately 30 kilometres from Downtown Dubai. Unlike speculative communities still building out their amenity promises, Town Square already operates a central park, a retail strip, schools, and community infrastructure across its completed phases — buyers entering Kaya are purchasing into a functioning neighbourhood rather than a blank-canvas promise. That infrastructure maturity is a genuine differentiator at the accessible price point Kaya occupies, because competing mid-market launches in Dubailand and outer suburban zones often price similarly per sqm but deliver into incomplete environments. The trade-off is commute distance: driving time to Business Bay and Downtown sits at 25 to 35 minutes off-peak but extends considerably in morning traffic, and the area currently lacks a Metro connection. Tenant demand in Town Square is structurally mid-market and family-led, which supports occupancy rates but constrains absolute rent levels relative to closer-in communities. Investors targeting capital appreciation need to anchor that thesis to continued master plan completion and infrastructure upgrades rather than proximity premiums. For detailed area intelligence including recent sales volumes and rental benchmarks, visit Town Square.
Nshama develops exclusively within Town Square, which creates a contained competitive set: every Nshama project competes directly for the same tenant pool, the same resale buyer, and the same community amenities. Belmont and Evelyn are the most relevant active comparisons for Kaya — same master plan, same developer quality standard, broadly similar entry pricing. The decision between them should be driven by three variables: current construction progress relative to Kaya's 31.08% slippage, exact per-sqm pricing at the point of transaction, and unit mix alignment with your rental or occupancy strategy. Naseem Townhouses operates in the same catchment but targets buyers who want a ground-floor connection, private outdoor space, and a townhouse tenure profile. If capital appreciation over a five-year hold is your primary thesis, Naseem Townhouses' lower density and distinct product type may offer stronger upside differentiation than another apartment building in the same community. Across all Nshama launches, payment plan structures have historically followed consistent milestone frameworks — confirm whether Belmont and Evelyn share Kaya's instalment schedule before treating handover timing as the sole differentiator.
The sharpest alternatives to Kaya sit within Town Square itself. Belmont and Evelyn offer comparable apartment formats inside the same master plan and should be priced against Kaya on a per-sqm basis at the moment of purchase, with construction progress as the deciding variable if pricing is close. Beyond Town Square, buyers evaluating similar entry price points across Dubai's mid-market off-plan spectrum should look at Jumeirah Village Circle, Dubai South, and the broader Dubailand corridor, where launches occasionally undercut Town Square's per-sqm range. The critical distinction separating Kaya from those alternatives is community readiness: projects in emerging master plans may price lower per sqm today but deliver into incomplete retail, school, and amenity environments that suppress early rental yield and limit tenant quality. Town Square's operational park, retail, and school provision is a quantifiable advantage for buyers who need to let immediately upon handover. Buyers who have not yet fixed on an area should review buying advice to align acquisition strategy with the correct product type before deciding on price alone. For all active launches across the community, return to Town Square.

At 31.08% behind plan, the Q3 2026 target carries meaningful slippage risk. Buyers should model at least one to two quarters of additional delay into any financial plan that has a post-handover payment tranche, a mortgage pre-approval with an expiry window, or a rental income assumption tied to a specific move-in date. Request the latest construction milestone report directly from Nshama and confirm what percentage of the purchase price falls due at handover, since a delayed final call affects cashflow even before occupancy begins.
The two-bedroom at AED 1.07M across 94.58 sqm prices at approximately AED 11,323 per sqm, while the one-bedroom at AED 725.9K across 57.6 sqm reaches approximately AED 12,602 per sqm. That is roughly an 11% per-sqm premium on the smaller unit. For investors targeting rental yield in a family-oriented master plan, the two-bedroom delivers more lettable area per dirham spent and tends to attract longer-tenancy family renters — both of which support a stronger net yield profile in Town Square's mid-market rental pool.
Because Nshama develops exclusively within Town Square, every launch from the same developer competes for the same tenant and resale pool. [Belmont](/projects/69930d184c992-belmont) and [Evelyn](/projects/evelyn) are the most direct comparisons — same master plan, same community amenities, same developer risk profile. The decision between them comes down to unit mix, per-sqm pricing at the time you transact, and which project is furthest along in construction. [Naseem Townhouses](/projects/naseem-townhouses) targets a different buyer with ground-level living, but sits in the same catchment and is worth benchmarking if capital appreciation rather than yield is the primary investment thesis.

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