Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides

Town Square at a glance

The median home in Town Square sold for AED 1,482,500 in September 2026, or AED 1,403 per sq ft. Price per sq ft is down 6.1% on a year earlier. Landlords are earning a gross yield of about 5.7%. Off-plan deals made up 41.7% of the month's sales.

DLD records Town Square under the official district name Al Yelayiss 2. Figures on this page cover that whole district.

Median sale price
AED 1.48M
September 2026
Price per sq ft
AED 1,403
▼ −6.1% YoY
Gross rental yield
5.7%
Ejari, 3 months to September 2026
Sales in the month
108
▼ −45.5% YoY

Source: DLD-recorded transactions and Ejari contracts, September 2026 report. DLD district: Al Yelayiss 2.

Town Square prices and rents by bedroom

TypeMedian priceSalesMedian annual rentContracts
StudioAED 560,00051AED 40,950549
1-BedroomAED 1,029,444492AED 57,3502,930
2-BedroomAED 1,526,888709AED 82,0002,917
3-BedroomAED 2,300,000109AED 120,000609

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.

How much more does an extra bedroom cost in Town Square?

At the median, moving up from a studio to a 1-bedroom adds about AED 469K; from a 1-bedroom to a 2-bedroom adds about AED 497K; and from a 2-bedroom to a 3-bedroom adds about AED 773K. Use the gap to judge whether a bigger unit is worth the stretch, or whether a better building in the smaller size gives you more for the money.

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.

1,1851,3431,5011,659Q4 2024Q2 2025Q4 2025Q3 2026Q4 2024: AED 1,247 / sq ftQ1 2025: AED 1,339 / sq ftQ2 2025: AED 1,397 / sq ftQ3 2025: AED 1,448 / sq ftQ4 2025: AED 1,518 / sq ftQ1 2026: AED 1,611 / sq ftQ2 2026: AED 1,432 / sq ftQ3 2026: AED 1,385 / sq ft1,385
QuarterMedian AED per sq ft
Q3 2026AED 1,385
Q2 2026AED 1,432
Q1 2026AED 1,611
Q4 2025AED 1,518
Q3 2025AED 1,448
Q2 2025AED 1,397
Q1 2025AED 1,339
Q4 2024AED 1,247

Source: DLD-recorded sales, quarters with at least 10 sales. DLD district: Al Yelayiss 2.

Busiest projects in Town Square, September 2026

ProjectSalesMedian price
TOWN SQUARE ZAHRA8AED 1,655,000
THE MAYFAIR8AED 1,502,500
TOWN SQUARE JENNA AND WARDA7AED 1,025,888
Symphony6AED 940,000
RAWDA APARTMENTS6AED 1,180,000

Source: DLD-recorded sales, projects with 3 or more sales in the month.

The most active developers here over the past 24 months were Nshama Properties Owned By Nshmi Development One Person (2,472 sales, 77.7%), Nshmi Development (711 sales, 22.3%).

Source: DLD-recorded sales, 24 months to the end of September 2026.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

Questions buyers and owners ask

What is the rental yield in Town Square?

The gross yield in Town Square was 5.7% in the September 2026 DLD data. Net yield will be lower once service charges and vacancy are counted.

What is the price per square foot in Town Square?

The median was AED 1,403 per sq ft in September 2026, down 6.1% on the same month last year.

Is Town Square mostly off-plan or ready property?

Off-plan made up 41.7% of DLD-recorded sales in September 2026. The rest were ready homes changing hands.

About these figures. Every number on this page comes from Dubai Land Department records: registered sales and Ejari rent contracts for Al Yelayiss 2. We use medians rather than averages, so a few very large or very small deals don't skew the picture. We leave out any figure based on fewer than 30 records. DLD usually registers a sale about a month after it happens, so the newest weeks are always a little light. Last updated 3 October 2026. You may quote these figures with credit to Yazdan Properties, under CC BY 4.0.
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