Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides
What does a 3-bedroom apartment cost in Town Square?
The median 3-bedroom apartment in Town Square sold for AED 2,300,000 over the past 12 months, across 109 DLD-recorded sales. Renting one costs a median of AED 120,000 a year, about AED 10,000 a month, based on 609 Ejari contracts. For comparison, a studio went for AED 560K, a 1-bedroom for AED 1.03M, a 2-bedroom for AED 1.53M.
DLD records Town Square under the official district name Al Yelayiss 2. Figures on this page cover that whole district.
Town Square prices and rents by bedroom
| Type | Median price | Sales | Median annual rent | Contracts |
|---|---|---|---|---|
| Studio | AED 560,000 | 51 | AED 40,950 | 549 |
| 1-Bedroom | AED 1,029,444 | 492 | AED 57,350 | 2,930 |
| 2-Bedroom | AED 1,526,888 | 709 | AED 82,000 | 2,917 |
| 3-Bedroom | AED 2,300,000 | 109 | AED 120,000 | 609 |
Sources: DLD-recorded sales (12 months) and Ejari rent contracts (24 months), to 3 October 2026. DLD district: Al Yelayiss 2.
Rows with fewer than 30 records are left out.
Is a 3-bedroom in Town Square good value?
A 3-bedroom in Town Square costs about 19.2 years of median rent to buy. Across the district, price per sq ft is down 6.1% on a year earlier.
Renting a 3-bedroom in Town Square: what to know
For landlords, the area's gross yield was 5.7% in the September 2026 report. Contracts are annual, and most landlords ask for payment in one to four cheques. Offering fewer cheques is often the easiest way to negotiate the rent down.
Town Square price per sq ft, quarter by quarter
From Q4 2024 to Q3 2026, the median price per square foot in Town Square went from AED 1,247 to AED 1,385, up 11.1%. The table lists every quarter with at least 10 recorded sales.
| Quarter | Median AED per sq ft |
|---|---|
| Q3 2026 | AED 1,385 |
| Q2 2026 | AED 1,432 |
| Q1 2026 | AED 1,611 |
| Q4 2025 | AED 1,518 |
| Q3 2025 | AED 1,448 |
| Q2 2025 | AED 1,397 |
| Q1 2025 | AED 1,339 |
| Q4 2024 | AED 1,247 |
Source: DLD-recorded sales, quarters with at least 10 sales. DLD district: Al Yelayiss 2.
Market reports
For the wider picture, read our monthly reports built from the same DLD records.
- Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?
Before you buy in Town Square
- Ask for the service charge per sq ft and the last two years of statements.
- Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
- Compare the asking price with recorded sales in the same building, not just the area median.
- Get mortgage pre-approval before you make an offer, so you know your real budget.
Questions buyers and owners ask
How many 3-bedroom apartments sold in Town Square last year?
DLD recorded 109 sales of 3-bedroom apartments in the 12 months to 3 October 2026, at a median of AED 2,300,000.
Is AED 120,000 a fair rent for a 3-bedroom in Town Square?
It's the median, so half of the 609 recent contracts were above it and half below. Floor, view and furnishing move the number.
Are most 3-bedroom sales in Town Square off-plan?
Off-plan made up 46.8% of 3-bedroom sales over the past 12 months.
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