Elaya

Completed|157 units · 1 tower

Elaya is a completed community by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 157 registered units. 165 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,127 per sqft. At AED 1,127 per sqft, Elaya prices 8% below the Town Square median of AED 1,229 per sqft on registered sales.

PIX© price · ↑6.4% YoY

1.25MAED

Typical

1,127AED

PSF

Gross yield

PIX© rent ÷ PIX© price

Sale records

165

DLD · all time

Rent contracts

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai28 min · 28.5 km

DXB Airport33 min · 41.4 km

DIFC33 min · 32.4 km

Dubai Marina28 min · 27.2 km

Palm Jumeirah31 min · 29.0 km

Nearby · straight-line

MallArabian Ranches Community Center6 km

SchoolRanches Primary School3.1 km

HospitalMediclinic Parkview7.7 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 10

…

3 Bed on Floor 10

Size
Record: Apr 2024 to Oct 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	1 Oct 2026				31 d	Current owner
1Owner 1	19 Apr 2024				2.5 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

3 Bed · Floor 10

Nightly rateAED

Occupancy (237 nights)

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Elaya1,127AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 263 - 2,572 sqft	157	1.25M	1,127	↑6.4%
Residential
1 Bed · Apartment 619 - 1,113 sqft	61
2 Bed · Apartment 1,021 - 2,572 sqft	78
3 Bed · Apartment 1,531 - 2,522 sqft	14
Commercial
Warehouse 263 - 440 sqft	4	-	-	-	-

No rental contracts registered with Ejari for this project.

Sales - Project-Wide165 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
1 Oct 2026	3 Bed	Floor 10	1,531	1,975,000	1,290	+20.9%	Standard	Off-Plan Sale
30 Sep 2026	2 Bed	Floor 8	1,166	1,600,888	1,374	-	Standard	Off-Plan Sale
5 Sep 2026	2 Bed	Floor 3	1,166	1,325,000	1,137	+13.7%	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts registered for this product.

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Elaya

Compared with

Rawda Apartments 1

PIX© PSF

1,138

Rank

#30 of 31

#29 of 31

Typical price

1.21M

Yield

—

Units

157

268

Sales

165

Rents

—

692

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Safi 2A NSHMI DEVELOPMENT L.L.C · Completed	153					67	431
	Zahra Breeze Apartments 3A NSHMI DEVELOPMENT L.L.C · Completed	194					89	521
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					65	539
	Zahra Apartments 1B NSHMI DEVELOPMENT L.L.C · Completed	87					33	199
	Hayat Boulevard 2B NSHMI DEVELOPMENT L.L.C · Completed	100					39	277
	Rawda Apartments NSHMI DEVELOPMENT L.L.C · Completed	422					133	1,129
	Rawda Apartments 2 NSHMI DEVELOPMENT L.L.C · Completed	154					54	437
	Parkviews NSHMI DEVELOPMENT L.L.C · Completed	213					53	527
	Rawda Apartments 1 NSHMI DEVELOPMENT L.L.C · Completed	268					79	692
30	Elaya NSHMI DEVELOPMENT L.L.C · Completed · Off-plan pricing	157	1,138	Subject	1.21M	—	165	—
	Zahra Breeze Apartments 3B NSHMI DEVELOPMENT L.L.C · Completed	189					81	547

Community median 1,229 AED/sqft. Showing the closest-ranked peers of 31 ranked projects in the community. 1 community project excluded for insufficient recorded sales. 25 excluded for trading only in the ready market. 9 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Zahra Breeze Apartments 3BAED 1,119/sqft
Rawda Apartments 1AED 1,143/sqft
ParkviewsAED 1,167/sqft
Rawda Apartments 2AED 1,168/sqft
Rawda ApartmentsAED 1,175/sqft
Hayat Boulevard 2BAED 1,177/sqft

Common questions about Elaya

Answered from Dubai Land Department registered transactions.

How much does a property in Elaya cost?

Property in Elaya sells at a current PIX© price of AED 1,127 per sqft, or about AED 1,245,524 for a typical unit, based on 165 sales registered with the Dubai Land Department.

Is Elaya completed?

Yes. Elaya is recorded as completed in the Dubai Land Department project register.

Who is the developer of Elaya?

Elaya is developed by NSHMI DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elaya?

Elaya holds 157 registered units, per the Dubai Land Department unit register.

Have prices in Elaya gone up or down?

Price per sqft has risen +6.4% over the last 12 months, to AED 1,127, across 165 registered sales.