PropertyIndex

Shams Townhouses

Completed · Q4 2024|212 villas

Alerts: Get notified of every new DLD-registered sale and rental contract.

Shams 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 212 registered villas. 339 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,523 per sqft. At AED 1,523 per sqft, Shams Townhouses prices 8% above the Town Square average of AED 1,409 per sqft on registered sales.

PIX© price · 12.9% YoY
3.15MAED
Typical
1,523AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
339
DLD · all time
Rent contracts
280
Ejari · all time
Shams 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
1,873 – 4,833 sqft
2123.15M1,52312.9%162K5.2%
3 Bed · Villa
1,873 – 1,962 sqft
158
4 Bed · Villa
2,711 – 4,833 sqft
54
Villa (Bedrooms Unknown)
1,873 sqft
Sales — Project-Wide339 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
7 Aug 20263 Bed1,8733,050,0001,628+66.1%PremiumStandard Sale
15 Jul 20264 Bed2,7863,700,0001,328+12.1%StandardStandard Sale
18 Jun 20263 Bed1,8733,050,0001,628+13.0%PremiumStandard Sale
Rentals — Project-Wide280 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
15 Aug 20264 Bed3,047185,00061-5.1%Standardnew
5 Aug 20263 Bed1,873157,50084-1.6%Standardnew
1 Aug 20263 Bed1,873150,00080-0.3%Entry Levelnew

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 Shams Townhouses

Answered from Dubai Land Department registered transactions.

How much does a property in Shams Townhouses cost?

Property in Shams Townhouses sells at a current PIX© price of AED 1,523 per sqft, or about AED 3,154,618 for a typical unit, based on 339 sales registered with the Dubai Land Department.

Is Shams Townhouses completed?

Yes. Shams Townhouses is recorded as completed in the Dubai Land Department project register (completed q4 2024).

Who is the developer of Shams Townhouses?

Shams 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 Shams Townhouses?

Shams Townhouses yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 280 registered Ejari contracts.

How many villas are in Shams Townhouses?

Shams Townhouses holds 212 registered villas, per the Dubai Land Department unit register.

Have prices in Shams Townhouses gone up or down?

Price per sqft has risen +12.9% over the last 12 months, to AED 1,523, across 339 registered sales.