Town Square Zahra in Town Square - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Town Square Zahra
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
3
153
9,463
1,450,888
Sales prices for completed properties in Town Square Zahra
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
73
9,610
700,000
2
105
10,117
1,058,125
3
185
8,414
1,560,000
Rents in Town Square Zahra
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
31
1,148
35,000
1
61
978
59,333
2
95
915
86,464
3
134
879
117,334
The cap rate (rental yield) of investments into Town Square Zahra project is 9.7% on average.
The price of an apartment in Town Square Zahra is 9,530 AED/sqm on average.
Price for off-plan 3 bedroom apartment in Town Square Zahra is 1,450,888 AED or 9,463 AED/sqm.
Price for completed 1 bedroom apartment in Town Square Zahra is 700,000 AED or 9,610 AED/sqm. Price for completed 2 bedroom apartment in Town Square Zahra is 1,058,125 AED or 10,117 AED/sqm. Price for completed 3 bedroom apartment in Town Square Zahra is 1,560,000 AED or 8,414 AED/sqm.
Rent in Town Square Zahra is 8,414 AED/sqm/year on average for long term rent of an apartment.
Rent for Studio apartment in Town Square Zahra is 35,000 AED or 1,148 AED/sqm. Rent for 1 bedroom apartment in Town Square Zahra is 59,333 AED or 978 AED/sqm. Rent for 2 bedroom apartment in Town Square Zahra is 86,464 AED or 915 AED/sqm. Rent for 3 bedroom apartment in Town Square Zahra is 117,334 AED or 879 AED/sqm.
About Town Square Zahra
'Town Square Zahra' in 'Town Square' area project description
Town Square Zahra is a mixed-use development located in the heart of Dubai, United Arab Emirates. It is a part of the larger Town Square Dubai master plan, which is a multi-billion dollar development project that will span across the city. Town Square Zahra is a unique and vibrant destination that will offer a variety of residential, retail, hospitality, and entertainment options.
The project is being developed by Meraas, a leading real estate developer in the UAE, and is expected to be completed by 2021. Town Square Zahra will feature a variety of residential units, including apartments, townhouses, and villas. The residential units will be designed to provide comfortable and modern living spaces, with a variety of amenities and services.
The development will also feature a variety of retail outlets, including restaurants, cafes, and shops. There will be a variety of entertainment options, including a cinema, bowling alley, and a water park. The development will also feature a variety of leisure and recreational activities, such as a jogging track, cycling paths, and a skate park.
Town Square Zahra will also feature a variety of green spaces and parks, which will provide a tranquil and peaceful environment for residents and visitors. The development will also feature a variety of public art installations, which will add to the vibrant atmosphere of the development.
The development will be connected to the rest of the city through a variety of public transportation options, including buses, taxis, and the Dubai Metro. The development will also feature a variety of parking options, making it easy for residents and visitors to access the development.
Overall, Town Square Zahra is an exciting and unique development that will provide a variety of residential, retail, hospitality, and entertainment options to the people of Dubai. The development will be a vibrant and dynamic destination that will be sure to attract visitors from all over the world.
Q&A on Town Square Zahra
What are the advantages of 'Town Square Zahra' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Town Square Zahra is located in the heart of Dubai, close to major attractions such as Dubai Mall, Burj Khalifa, and Dubai International Airport. This makes it an ideal location for real estate buyers looking for convenience and easy access to the city’s major attractions.
2. Affordable Prices: Town Square Zahra offers real estate buyers the opportunity to purchase properties at competitive prices. This makes it an attractive option for those looking for a good value for their money.
3. Quality Construction: Town Square Zahra is built with quality materials and is designed to meet the highest standards of construction. This ensures that buyers can purchase properties that are built to last.
4. Amenities: Town Square Zahra offers a wide range of amenities such as a gym, swimming pool, and a shopping mall. This makes it an attractive option for those looking for a lifestyle of convenience and luxury.
5. Security: Town Square Zahra is equipped with the latest security measures to ensure the safety of its residents. This makes it an ideal option for those looking for a secure and safe environment.
What projects are better than 'Town Square Zahra' project in Dubai which are located close by, and why?
Hayat Townhouses: Known for their contemporary design and family-friendly environment, with lush parks, swimming pools, and well-equipped gyms. Closer proximity to Al Qudra Road offers better connectivity.
Safi Apartments: Excellent for those seeking modern living in compact spaces with all essential amenities. Located centrally within Town Square, providing easy access to retail and dining options.
Noor Townhouses: Offers enhanced layouts and designs compared to earlier developments like Zahra. Features larger community parks, cycling routes, and better community facilities.
Jenna Apartments: Prominent for high-rise living with scenic views, innovative architecture, and closer walking distance to the Town Square Park. The central location allows for more convenient access to shopping and leisure facilities.
Mira Oasis: Though slightly further than others within the area, it provides a balance between affordability and luxury. The community is well-planned with ample green spaces, walking paths, and sports facilities.