Odessa: off-plan project in Town Square
Odessa is an off-plan residential apartment project in Town Square, registered with the Dubai Land Department as project no. 3450 and developed by Nshama Properties Owned by Nshmi Development One Person Company L.L.C. From October 16, 2025 to October 16, 2026, 26 off-plan sales were registered there at a median price of AED 1,517,388 (AED 1,493 per sq ft); 80% of sales fall between AED 1,046,388 and AED 2,512,888.
- 26off-plan sales in 12 months
- AED 1,517,388median sale price
- AED 1,493median price per sq ft
- 0%construction progress (DLD)
- December 2027end date in the register
- 178registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,493 per sq ft, Odessa is 13.7% below the median of off-plan sales across the 15 projects tracked in Town Square (AED 1,729 per sq ft), and 15.5% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 26 off-plan sales in 12 months, about 2 a month; number 11 by sales in Town Square over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end December 2027.
- Profile: the best-selling type (apartment · 2 bedrooms) makes up 50% of sales, alongside 2 other types.
Odessa: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3450 |
| Registered developer | Nshama Properties Owned by Nshmi Development One Person Company L.L.C (developer no. 1162) |
| Community (master project) | Town Square |
| DLD area | Al Yelayiss 2 |
| Register status | not started |
| Construction progress | 0% |
| Project start | August 25, 2025 |
| Planned end | December 30, 2027 |
| Registered units | 178 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Odessa off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 1,046,388.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 1 bedroom | 6 | AED 1,046,388 | 961,388 – 1,139,888 | 60 m² (646 sq ft) | AED 1,490 |
| Apartment · 2 bedrooms | 13 | AED 1,513,888 | 1,397,088 – 1,637,288 | 93 m² (1,001 sq ft) | AED 1,469 |
| Apartment · 3 bedrooms | 7 | AED 2,507,888 | 2,427,888 – 2,524,288 | 147 m² (1,582 sq ft) | AED 1,578 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 2 bedrooms: 50% of off-plan sales, with a median size of 93 m² (89 to 123 m² for 80% of them).
- Apartment · 2 bedrooms: 50% (13 sales)
- Apartment · 3 bedrooms: 26.9% (7 sales)
- Apartment · 1 bedroom: 23.1% (6 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Odessa off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,536 in Q2 2025 to AED 1,585 in Q3 2026 (+3.2%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q2 2025 | 76 | AED 1,536 | — |
| Q3 2025 | 59 | AED 1,522 | -0.9% |
| Q4 2025 | 12 | AED 1,499 | -1.5% |
| Q1 2026 | 8 | AED 1,480 | -1.3% |
| Q2 2026 | 3 | AED 1,571 | — |
| Q3 2026 | 5 | AED 1,585 | — |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Town Square
To gauge the rental market around Odessa: annual rents of Ejari contracts registered in Town Square over the last 12 months (6,241 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 347 | AED 42,000 | 38,000 – 48,000 |
| Apartment · 1 bedroom | 1,729 | AED 60,000 | 52,000 – 65,000 |
| Apartment · 2 bedrooms | 1,711 | AED 85,000 | 75,000 – 95,000 |
| Apartment · 3 bedrooms | 352 | AED 120,000 | 110,000 – 130,000 |
| Villa / townhouse · 3 bedrooms | 1,636 | AED 145,000 | 137,000 – 153,000 |
| Villa / townhouse · 4 bedrooms | 465 | AED 175,000 | 162,000 – 185,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Odessa?
Odessa is in Town Square (DLD area Al Yelayiss 2), Dubai.
Further reading
- All off-plan projects in Town Square
- All DLD sales at Odessa (new and resale)
- Town Square property prices
- Town Square rents
- All Nshama Properties Owned by Nshmi Development One Person Company L.L.C projects
Other off-plan projects in Town Square
- Rosewell — AED 1,782/sq ft
- Evelyn on the Park — AED 1,843/sq ft
- Fiori — AED 1,684/sq ft
- Camden — AED 1,729/sq ft
- Olbia — AED 1,592/sq ft
- Alton — AED 1,737/sq ft
- Symphony — AED 1,448/sq ft
- Grove — AED 1,320/sq ft
More projects by Nshama Properties Owned by Nshmi Development One Person Company L.L.C
Same budget elsewhere in Dubai (around AED 1,517,388)
- Enso Amber, Jumeirah Garden City — AED 1,505,860
- The EDGE, Business Bay — AED 1,520,000
- South Garden A, Wasl Gate — AED 1,497,000
- South Garden E, Wasl Gate — AED 1,521,500
- MAG 330, City of Arabia — AED 1,495,935
- Samana Avenue, Dubai Land Residence Complex — AED 1,523,700
Projects presented by Cevitas
Frequently asked questions
How much does a home at Odessa cost?
Over the last 12 months, the 26 off-plan sales registered with the DLD show a median price of AED 1,517,388, or AED 1,493 per sq ft; 80% fall between AED 1,046,388 and AED 2,512,888. The developer's current prices are on its price list.
When will Odessa be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of December 30, 2027. The handover date is confirmed by the developer.
Who is the developer of Odessa?
The DLD register lists Nshama Properties Owned by Nshmi Development One Person Company L.L.C (developer no. 1162).
What unit types are sold at Odessa?
Off-plan sales over the last 12 months cover: apartment · 2 bedrooms (13), apartment · 3 bedrooms (7), apartment · 1 bedroom (6). Best-selling type: apartment · 2 bedrooms, at a median AED 1,513,888 for 93 m².
Has the price per sq ft at Odessa changed?
The median off-plan price moved from AED 1,536 per sq ft in Q2 2025 to AED 1,585 in Q3 2026, based on DLD-registered sales.
How do I get the Odessa price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.