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Disruptive Real Estate

Nshama · Town Square

Olbia

  • Apartments
  • Duplexes
Starting from
AED 950,000
Bedrooms
1–3 BR
Size
On request
Payment plan
On request
Completion
Pre-launch
Available
156 / 156
Handover
Q3 2028

About Olbia

Olbia Apartments in Town Square

Olbia is a single-tower development of 156 units within Town Square, configured as ground plus two podium levels plus 10 residential floors with parking across the ground and podium floors. The building offers a collection of 1, 2 and 3-bedroom apartments alongside larger 3-bedroom duplex units, giving buyers a spread of layouts within one address.

Construction is scheduled to begin January 2026 with handover targeted for May 2028. The project is developed by Nshama, the master developer behind Town Square, and sits adjacent to The Promenade, the community's newest retail and dining boulevard.

Architecture & Interior Design

OLBIA's design language favours clean, sleek facades over ornamentation, positioning the building as a modern counterpoint to Town Square's earlier, more traditional low-rise blocks. Interiors are laid out around open-plan dining and living areas designed to maximise natural light and everyday flow.

Bedrooms come with generous built-in wardrobe storage, and master suites include en-suite bathrooms. The layouts are built for practicality first, with functional circulation between living, dining and sleeping zones rather than oversized showcase spaces.

Town Square Community Facilities

Town Square is built around a 50,000 sqm central park, 260,000 sqm of greenery, 13 km of cycling trails and a 10 km running track, plus over 250 retail outlets and 8,000 sqm of sports arenas across the wider masterplan. Olbia's residents draw on this shared infrastructure rather than a standalone amenity stack.

Within the building itself, recreational facilities include a swimming pool, gym, kids' play areas, a BBQ area, a pet washroom and direct access to the main park, keeping day-to-day amenity use close to home.

Off Plan Investment Case

As an off plan launch in an established community, Olbia benefits from Town Square's built-out retail base and park infrastructure rather than relying on future phases to deliver amenity value. The mix of standard apartments and duplexes broadens the buyer pool across end-users and investors targeting rental demand in a family-oriented part of Dubai.

With a 2028 handover and construction not yet underway, buyers are entering at the earliest pricing stage of the project's payment plan cycle, a typical entry point for off plan Town Square apartments and off plan projects in the wider community.

Key highlights

  • 156 units across a single G+2P+10 tower in Town Square
  • 1, 2 and 3-bedroom apartments plus 3-bedroom duplexes
  • Positioned directly beside The Promenade retail boulevard
  • Handover targeted for May 2028
  • Developed by Nshama, master developer of Town Square
  • Access to Town Square's 50,000 sqm park and 13 km of cycling trails

Why this project

  • 156-unit tower beside The Promenade in Town Square, with 1, 2 and 3-bedroom apartments plus 3-bedroom duplexes.

Amenities

  • Swimming pool
  • gym
  • kids' play areas
  • BBQ area
  • pet washroom
  • direct access to main park
  • cycling trails
  • running track
  • retail outlets

Location

Location & Connectivity

Olbia sits directly beside The Promenade, Town Square's landscaped boulevard of cafes and boutique retail, giving residents walkable access to daily conveniences. From the community, Dubai Hills Mall is roughly 20 minutes by car, Burj Al Arab and District 2020 are each around 20 to 25 minutes, and Dubai Mall is approximately 29 minutes away.

Dubai International Airport is about 25 minutes from the community, while Al Maktoum International Airport (DWC) is roughly 28 minutes away, positioning Town Square within reasonable reach of both of Dubai's air gateways despite its position away from the coastal core.

Project information

Developer
Nshama
Location
Town Square
Handover
Q3 2028
Total units
156
RERA Escrow
First Abu Dhabi Bank
DLD Project #
3749

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Olbia — handover progress

0%
LaunchJan 2026
Today28mo to handover
HandoverQ3 2028

Resale at Olbia

133 transactions · last 12 months

Avg / sqft
AED 1,587
Avg price
AED 1,323,933
Range
AED 934,888AED 2,337,888
By unit size
  • 1 BRAED 1,610/sqft64 sales
  • 2 BRAED 1,559/sqft60 sales
  • 3 BRAED 1,634/sqft9 sales

Town Square market

1 br · 754 sales analyzed

High activity
Avg / sqft
AED 1,573
Sales last 6 mo
252
Year-on-year
+2.3%
Off-plan vs ready
19.3% pricier
AED 1,653 vs 1,385
6.3%

Indicative gross yield

At the starting price of AED 950,000, typical rent for a 1 br in Town Square (AED 60,000/year, ~AED 5,000/month) implies a 6.3% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Bedrooms available at Olbia

Frequently asked questions about Olbia

Where is Olbia located?
Olbia is located in Town Square, Dubai. Town Square is a freehold community in Dubai — international buyers can take 100% ownership with full title at the Dubai Land Department.
Who is the developer of Olbia?
Olbia is developed by Nshama. The project is registered with the Dubai Land Department and governed by RERA-mandated escrow accounts, meaning buyer payments are released to Nshama only as construction milestones are independently verified.
How much does Olbia cost?
Off-plan units at Olbia start from 950K. Pricing varies by unit type, bedroom count, floor and view — see live availability and floor plans above for full details.
When is the handover for Olbia?
Olbia is currently scheduled for handover in Q3 2028. Handover dates are tracked against DLD escrow milestones and updated as construction progresses.
What unit types are available at Olbia?
Olbia offers 1- to 3-bedroom configurations. Each layout has its own floor plan, payment plan and pricing — listed in the floor-plan section above.
What payment plan does Olbia offer?
Olbia ships with a staged payment plan tied to construction milestones. Most Nshama projects use 60/40 or 70/30 splits between construction and handover, with some extending post-handover plans of 1–3 years. Reach out via the form below for the full plan and current incentives.
Can foreigners buy at Olbia?
Yes. Olbia is in a Dubai freehold zone, so international buyers can take 100% ownership with full title registered at the Dubai Land Department. Purchases above AED 2 million qualify for the 10-year UAE Golden Visa, and properties above AED 750,000 qualify for a 2-year residence visa.
How do I buy a unit at Olbia?
Reserve a unit directly through Disruptive Real Estate (RERA ORN 1167819). Submit the form below with your contact details and we'll send the latest availability, floor plans, payment plans and pricing — direct from Nshama, with no inflated agent commissions.

Get the Olbia brochure

Floor plans, payment plans and current availability — direct from Nshama via Disruptive Real Estate. No inflated commissions, no spam. One business-day reply.

By submitting, you agree to be contacted by Disruptive Real Estate (RERA ORN 1167819) about Olbia. We never share your details.

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