Lexington

Under Construction · Date not reported|142 units · 1 building

Lexington is an under-construction community by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 142 registered units. 138 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,266 per sqft. At AED 1,266 per sqft, Lexington prices 12% below the Town Square median of AED 1,431 per sqft on registered sales.

PIX© price · ↓13.9% YoY

1.38MAED

Typical

1,266AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

138

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai32 min · 30.0 km

DXB Airport34 min · 41.0 km

DIFC38 min · 39.2 km

Dubai Marina32 min · 28.8 km

Palm Jumeirah34 min · 30.6 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 113.1 km

MallTown Square Community Center0.6 km

SchoolCherry Tree Nursery - Town Square

HospitalMedcare Medical Centre, Town Square Dubai0.4 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 6

…

2 Bed on Floor 6

Size
Record: Dec 2024 to Feb 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	24 Feb 2026				7 mo	Current owner
1Owner 1	25 Dec 2024				14 mo

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

2 Bed · Floor 6

Nightly rateAED

Occupancy (237 nights)

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Lexington1,266AED/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
PIX© Core Project-Wide 630 - 2,202 sqft	142	1.38M	1,266	↓13.9%
1 Bed · Apartment 630 - 979 sqft	50
2 Bed · Apartment 908 - 1,697 sqft	78
3 Bed · Apartment 1,407 - 2,202 sqft	14			-

No rental contracts registered - the project has not handed over.

Sales - Project-Wide138 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
14 Sep 2026	2 Bed	Floor 4	1,021	1,519,888	1,489	-	Standard	Off-Plan Sale
14 Aug 2026	2 Bed	Floor 2	1,004	1,531,888	1,525	-	Premium	Off-Plan Sale
7 Aug 2026	2 Bed	Floor P2	1,004	1,527,888	1,521	-	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare4 peers could not be placed

This project

Lexington

Compared with

Savannah

PIX© PSF

1,287

Rank

#31 of 38

#30 of 38

Typical price

1.24M

Yield

—

Units

142

154

Sales

138

155

Rents

—

Developer

NSHMI DEVELOPMENT L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Ayala on the Park NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	218					241	—
	The Hamilton NSHMI DEVELOPMENT L.L.C · Completed · Off-plan pricing	242					310	140
	The Diplomat Residences NSHMI DEVELOPMENT L.L.C · Completed · Off-plan pricing	154					183	170
	Grove NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	160					175	—
	Savannah NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	154					155	—
31	Lexington NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	142	1,287	Subject	1.24M	—	138	—
	The Mayfair NSHMI DEVELOPMENT L.L.C · Completed · Off-plan pricing	244					312	—
	Kaya NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	164					179	—
	ORA By Nshama Properties NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	157					164	—
	Hayat Boulevard NSHMI DEVELOPMENT L.L.C · Completed · Off-plan pricing	684					31	1,890
	Hillcrest NSHMI DEVELOPMENT L.L.C · U/C · Off-plan pricing	171					163	—

Community median 1,431 AED/sqft. Showing the closest-ranked peers of 38 ranked projects in the community. 1 community project excluded for insufficient recorded sales. 23 excluded for trading only in the ready market. 4 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.

The MayfairAED 1,286/sqft
SavannahAED 1,290/sqft
KayaAED 1,226/sqft
GroveAED 1,312/sqft
The Diplomat ResidencesAED 1,317/sqft
ORA By Nshama PropertiesAED 1,210/sqft

Common questions about Lexington

Answered from Dubai Land Department registered transactions.

How much does a property in Lexington cost?

Property in Lexington sells at a current PIX© price of AED 1,266 per sqft, or about AED 1,376,847 for a typical unit, based on 138 sales registered with the Dubai Land Department.

When is Lexington handing over?

Lexington is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Lexington?

Lexington 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 Lexington?

Lexington holds 142 registered units, per the Dubai Land Department unit register.

Have prices in Lexington gone up or down?

Price per sqft has fallen -13.9% over the last 12 months, to AED 1,266, across 138 registered sales.