- AED 245,000gap between the Olbia and Belmont entry prices
- 48%share of Olbia homes with 2 bedrooms
- 2.4 timesfloor area of the 3 bedroom against the 1 bedroom
- 56%extra space when moving from 1 to 2 bedrooms
- 28 monthsbetween the start and completion dates on record
- 3 parking levelsground and 2 podium floors below 10 floors of homes
- Payment Plan 40:60
- Completion Q2 2028
- Property Type Residential
Nshama Olbia at Town Square Dubai
Priced from AED 955,888, Nshama Olbia brings 156 apartments to Town Square Dubai, in the Al Yelayiss 2 area of the city. Buyers can choose 1, 2 or 3 bedroom layouts, and homes with 2 bedrooms form the biggest group in the building. The Dubai Land Department has recorded 31 May 2028 as the completion date. Only Lexington, among the 5 Nshama launches listed below, opens lower. RERA's latest progress report lists Olbia as pre construction and on hold, so anyone weighing a purchase should read each new inspection before paying a booking amount.
| Developer on DLD record | Nshama Properties owned by Nshmi Development One Person Company L.L.C., developer number 1162 |
|---|---|
| DLD project number | 3749 |
| Plot | 1019, Al Yelayiss 2 |
| Registered project area | 13,083.85 sq m |
| Apartments | 156 in total (1 bedroom: 66, 2 bedroom: 75, 3 bedroom: 15) |
| Registered with DLD | 28 May 2025 |
| Construction start on record | 30 January 2026 |
| Completion on record | 31 May 2028 |
| Latest RERA inspection | 25 April 2026 |
| Escrow bank | First Abu Dhabi Bank P.J.S.C. |
The 1 bedroom layout starts at 587.06 sq ft and accounts for 66 homes. It is the smallest home in the building and suits a single owner, a couple without children or an investor making a first purchase in Dubai.
At 915.90 sq ft, this layout accounts for 75 homes. The second bedroom can serve as a nursery, a guest room or a home office.
Only 15 homes in Olbia have 3 bedrooms, each measuring 1,400.82 sq ft. That leaves families who need this much space with limited choice inside the building.
The table applies the Olbia payment plan to the entry price, so buyers can see the cash needed at each stage.
| Stage | Share | Amount on AED 955,888 |
|---|---|---|
| Booking | 10% | AED 95,588.80 |
| During construction | 30% | AED 286,766.40 |
| On handover | 60% | AED 573,532.80 |
| DLD registration fee, paid separately | 4% | AED 38,235.52 |
Payments made before handover are held in escrow under Law No. 8 of 2007 and released to the developer only against progress confirmed by RERA.
Placed side by side, 5 Nshama launches in Town Square show where Olbia lands on entry price.
- Lexington from AED 915,888
- Olbia, the project covered on this page
- Rosewell from AED 1,038,888
- Evelyn on the Park from AED 1,069,888
- Belmont from AED 1,200,888
Nshama was set up in 2014 by a group of former Emaar executives and is led by chief executive Fred Durie. It is Town Square's master developer, building a 750 acre community it opened in 2015 with a first release of 300 Zahra townhouses. More than 6,000 homes have since been handed over in Town Square, and the master plan provides for 18,000 apartments, which means Olbia joins a neighbourhood where many earlier Nshama buildings are already occupied.
Town Square is planned around its central park, with roughly 154,000 sq m of parks and gardens spread through the community. Retail, dining, schools and sports venues are open in the finished phases, and the whole community is freehold.
The main trade off is transport. There is no metro station, so most residents drive, take RTA buses or taxis, or use a shuttle bus linking the community with Equiti Metro Station. Weekday peak traffic also adds time to journeys toward Downtown Dubai, DIFC and Business Bay.
For fitness, Olbia Nshama offers a swimming pool, a gym and fitness centre, a yoga court and a running track. Squash, tennis, football and basketball courts are included, along with walking and cycling trails and landscaped gardens. Families get a children's play area, BBQ spots and a clubhouse, while an amphitheatre, a supermarket, shops and restaurants are part of the wider plan, supported by round the clock security and resident parking.
Olbia by Nshama homes are laid out as open plan spaces with high ceilings and porcelain floors. Kitchens come fitted with premium fixtures, bedrooms include built in storage, and large windows draw in daylight and look out over green areas. Sizes run from 587.06 sq ft for the 1 bedroom through 915.90 sq ft for the 2 bedroom to 1,400.82 sq ft for the 3 bedroom.
Olbia by Nshama is located in Town Square Dubai, the Nshama community set on Al Qudra Road close to Emirates Road. Plantation Equestrian and Polo Club is 10 minutes away by car, and Dubai Miracle Garden is a 15 minute trip by car. Jebel Ali Racecourse and Expo City Dubai each take 20 minutes to reach by road, and the drive to Palm Jumeirah is 23 minutes.
Why invest in Nshama Olbia
- Handover Weighted: Just 40% payable before the building is complete
- Tax Free: No tax on rent or resale for individuals
- Master Community: Part of a 750 acre Nshama master plan
- Green Space: 154,000 sq m of parks across the community
- Price Gap: AED 245,000 below the highest listed Nshama launch
- Expo Access: Expo City Dubai, a 20-minute drive away
Olbia by Nshama at Town Square Dubai Amenities
Neighborhood of Olbia by Nshama at Town Square Dubai
- Al Qudra Road (D63) 2 Min.
- Dubai Hills Estate 15 Min.
- Dubai Marina 25 Min.
- District 2020 20 Min.
- Al Maktoum International Airport (DWC) 25 Min.
- Dubai International Airport (DXB) 28 Min.
- Downtown Dubai / Dubai Mall 29 Min.
- Medcare Medical Centre, Town Square 5 Min.
- Aster Medical Center, Arabian Ranches 2 10 Min.
- Vitalite Medical Centre, Mudon 10 Min.
- Mediclinic Arabian Ranches 15 Min.
- Mediclinic Parkview Hospital 20 Min.
- Dubai British School Mira 7 Min.
- Ranches Primary School 10 Min.
- Jebel Ali School, Mudon 10 Min.
- Jebel Ali School, DAMAC Hills 12 Min.
- Fairgreen International School 12 Min.
- GEMS Metropole School, Motor City 15 Min.
- Town Square Community Center 5 Min.
- Mira Town Center 7 Min.
- Mudon Community Centre 10 Min.
- The Ranches Souk 10 Min.
- First Avenue Mall, Motor City 15 Min.
- Dubai Hills Mall 20 Min.
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