PropertyIndex

Naseem Townhouses

Completed · Q4 2020|287 townhouses · 35 villas

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Naseem Townhouses is a completed villas development by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C in Town Square, Al Yelayiss 2, comprising 322 registered townhouses. 526 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,198 per sqft. At AED 1,198 per sqft, Naseem Townhouses prices 15% below the Town Square average of AED 1,409 per sqft on registered sales.

PIX© price · 3.8% YoY
2.88MAED
Typical
1,198AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
526
DLD · all time
Rent contracts
1,125
Ejari · all time
Naseem Townhouses

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2,005 – 5,419 sqft
3222.88M1,1983.8%150K5.2%
1 Bed · Apartment
3 Bed · Townhouse
2,005 – 2,279 sqft
203
4 Bed · Townhouse
2,753 – 5,419 sqft
84
3 Bed · Villa
2,016 – 2,199 sqft
35
4 Bed · Villa
Villa (Bedrooms Unknown)
2,022 sqft
Sales — Project-Wide526 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
13 Aug 20263 Bed2,0252,770,0001,368+91.4%StandardStandard Sale
10 Aug 20264 Bed2,8983,600,0001,242+22.9%StandardStandard Sale
6 Aug 20264 Bed4,1033,500,000853+55.6%StandardStandard Sale
Rentals — Project-Wide1,125 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
8 Sep 20263 Bed2,022145,53072Standardrenewal
15 Aug 20263 Bed2,018143,00071+2.1%Standardnew
10 Aug 20263 Bed2,022143,50071+2.5%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Common questions about Naseem Townhouses

Answered from Dubai Land Department registered transactions.

How much does a property in Naseem Townhouses cost?

Property in Naseem Townhouses sells at a current PIX© price of AED 1,198 per sqft, or about AED 2,878,225 for a typical unit, based on 526 sales registered with the Dubai Land Department.

Is Naseem Townhouses completed?

Yes. Naseem Townhouses is recorded as completed in the Dubai Land Department project register (completed q4 2020).

Who is the developer of Naseem Townhouses?

Naseem Townhouses is developed by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Naseem Townhouses?

Naseem Townhouses yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,125 registered Ejari contracts.

How many townhouses are in Naseem Townhouses?

Naseem Townhouses holds 322 registered townhouses, per the Dubai Land Department unit register.

Have prices in Naseem Townhouses gone up or down?

Price per sqft has risen +3.8% over the last 12 months, to AED 1,198, across 526 registered sales.