New homes in Odessa start at AED 950,000; keys are due Dec 2027; you pay 10% to book, 35% while it is built and 55% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 74 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Odessa. Their median price is AED 1,554 per sq ft (about AED 1,005,000 at 647 sq ft). This project's from price is AED 1,468 per sq ft (AED 950,000 for its smallest home, 647 sq ft), 5% less.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 35 / 55
10% to book, 35% while it is built, 55% at the keys
Bedrooms
1 to 3 beds
Sizes
647 to 2,010 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,468 per sq ft
Similar off-plan homes: AED 1,554 per sq ft
RERA project
3450
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Dec 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
178
In 1 buildings
Paying for it
You pay 10% when you book, 35% as the building goes up, and 55% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 95,000
Feb 2027
While it is built
8.8%
AED 83,125
Apr 2027
While it is built
8.8%
AED 83,125
Jul 2027
While it is built
8.8%
AED 83,125
Sep 2027
While it is built
8.8%
AED 83,125
Dec 2027
Keys
55%
AED 522,500
Booking payment, 10%
AED 95,000
Dubai Land Department fee (Oqood), 4%
AED 38,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 133,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 11 finished projects by this developer since 2020. 11 of the 11 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 10 buildings on the Dubai Land Department register. For the smallest home (647 sq ft) that is about AED 9,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 74 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Odessa, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Odessa sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 74 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Odessa, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,554 per sq ft
AED 1,355 to AED 1,392 per sq ft
1 sale
AED 1,392 to AED 1,429 per sq ft
1 sale
AED 1,429 to AED 1,466 per sq ft
0 sales
AED 1,466 to AED 1,503 per sq ft
10 sales
This project's from price is in this band.
AED 1,503 to AED 1,540 per sq ft
22 sales
AED 1,540 to AED 1,577 per sq ft
10 sales
AED 1,577 to AED 1,614 per sq ft
25 sales
AED 1,614 to AED 1,650 per sq ft
5 sales
AED 1,355 per sq ftAED 1,650 per sq ft
This project AED 1,468 per sq ft
Half of the sales sold for AED 1,522 to AED 1,589 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,355 to AED 1,392 per sq ft
1
AED 1,392 to AED 1,429 per sq ft
1
AED 1,429 to AED 1,466 per sq ft
0
AED 1,466 to AED 1,503 per sq ft
10
AED 1,503 to AED 1,540 per sq ft
22
AED 1,540 to AED 1,577 per sq ft
10
AED 1,577 to AED 1,614 per sq ft
25
AED 1,614 to AED 1,650 per sq ft
5
The 3 closest sales
Picked from the 74 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 1,067,888AED 1,650 per sq ftOdessa, 647 sq ft
Oct 2025AED 1,045,888AED 1,616 per sq ftOdessa, 647 sq ft
Aug 2025AED 1,028,888AED 1,590 per sq ftOdessa, 647 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Town Square in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 950,000 here
Off-plan medianAED 1,118,000AED 1,752 per sq ft
Sales428
5% below 74 similar sales
2-bed apartment
Off-plan medianAED 1,587,000AED 1,638 per sq ft
Sales609
3-bed apartment
Off-plan medianAED 2,469,000AED 1,646 per sq ft
Sales73
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.3%
Typical for similar ready homes
7.6%
Median rent of 1-bed apartments in Town Square
AED 60,000 a year
Rent contracts counted
940
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 60,000 a year
2-bed apartment
AED 90,000 a year
3-bed apartment
AED 125,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 60,000 ÷ AED 950,000 = 6.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jebel Ali School3.2 km, 6 min driveSchool
Ranches Primary School3.3 km, 7 min driveBritish school
Dwight School Dubai6.8 km, 16 min driveIB school
Arabian Ranches Community Center6.3 km, 12 min driveMall
Trump International Golf Club, DAMAC Hills4.6 km, 13 min driveGolf
Odessa is a Nshama apartment project in Town Square with one- to three-bedroom homes from AED 950,000 and a listed handover of December 2027. More than half the price, 55%, is due at handover.
You pay 10% on booking, 35% during construction and 55% at handover. At the from price that is AED 95,000 to book, AED 332,500 over the build and AED 522,500 at handover. Separately, the 4% DLD fee comes to AED 38,000; ask when it is due.
The from price per square foot is 5.5% below the median of 74 similar one-bedroom off-plan sales in Odessa over the 24 months to October 2026. These are sales in this project. The check uses the from price, so ask for the price and size of the home you want and compare it with recent sales.
There are one-, two- and three-bedroom apartments, and the listing also mentions three-bedroom duplexes. It gives about 647 sq ft for a one-bedroom, 957 sq ft for a two-bedroom and 1,583 sq ft for a three-bedroom, while the overall range goes up to 2,010 sq ft, so check the floor plans for the larger layouts. Residents get a shared pool and a children's pool, a gym, a children's play area, a lobby, covered parking and 24/7 security.
A polyclinic is about 330 m away. Jebel Ali School is about 3.2 km away and Ranches Primary School about 3.3 km, 6 to 7 minutes by car. The nearest metro, Jumeirah Golf Estates Metro Station, is about 12.4 km away, around 24 minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Town Square, over the 12 months to each dateUp 40% from Dec 2024 to Sep 2026.
Dec 2024AED 1,252 per sq ft
Sep 2026AED 1,752 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,752 per sq ft
428 sales
Jun 2026
AED 1,708 per sq ft
555 sales
Mar 2026
AED 1,616 per sq ft
668 sales
Dec 2025
AED 1,548 per sq ft
627 sales
Sep 2025
AED 1,495 per sq ft
552 sales
Jun 2025
AED 1,404 per sq ft
554 sales
Mar 2025
AED 1,289 per sq ft
695 sales
Dec 2024
AED 1,252 per sq ft
762 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
How much is due at handover?
55% of the price, which is AED 522,500 at the from price. Before that you pay AED 95,000 on booking and AED 332,500 during construction.
How does the price compare with recent sales in Odessa?
The from price per square foot is 5.5% below the median of 74 similar one-bedroom off-plan sales in Odessa over the 24 months to October 2026. Check the price and size of your own unit against recent sales.
What sizes can I choose from?
The listing gives about 647, 957 and 1,583 sq ft for one, two and three bedrooms, and its range runs to 2,010 sq ft. Ask for the floor plans of the duplexes and larger units.
When is handover?
The listed handover is December 2027, about 13 months away. Ask for a construction update before you book.
How far is the metro?
Jumeirah Golf Estates Metro Station is about 12.4 km away, around 24 minutes by car.
