- From
- AED 916K
- ≈ $249K
- Handover
- Q3 2027
- Homes
- 1 bed to 3 bed
- 660 – 1,573 sqft
Price per sqft vs registered sales
Dubai Land Department open dataAED 807/sqft (est.)
The DLD median for apartments in Town Square is AED 1,429/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 69 was scored
5 of 7 factors · 85% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 69
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction
What this means
Lexington is due to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
50/0/50
- Down payment
- 50%
- On handover
- 50%
What you’d pay and when
On the starting price of AED 916,000, as the plan splits it.
- 50% at bookingAED 458,000≈ $125K
- 50% on handover (Q3 2027)AED 458,000≈ $125K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 916K1 bed
660 – 745 sqft
2 bed
from 1,573 sqft
3 bed
from 1,411 sqft
Apartment · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | 1 bed | 660 – 745 | AED 915K | AED 1,386 |
| Apartment | 2 bed | from 1,573 | AED 1.27M | AED 807 |
| Apartment | 3 bed | from 1,411 | AED 2.3M | AED 1,630 |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Lexington. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/nshama/lexington), read 2026-09-24; found in the Dubai web sweep; 8 off-plan sales registered with the DLD in 2026 under "Lexington". Launch date from Property Finder's sales start date.
About
Lexington is Nshama's apartment tower in Town Square, Dubai, with one to three-bedroom apartments from about 660 to 1,573 sq ft.
Read more
Prices start at AED 916,000 on a 50% booking and 50% on handover plan, with handover listed for the third quarter of 2027.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Nshama apartment tower in Town Square
- One to three-bedroom apartments from 660 sq ft
- 50/0/50 payment plan
- Handover Q3 2027
- Developer
- Nshama
- Area
- Town Square
- Status
- Under construction
- Sales launch
- 5 May 2025
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
Town Square · Dubai
Affordable apartment and townhouse community on Al Qudra Road.
More in Town Square
Compare side by sideAll projects in Town SquareLexington: questions buyers ask
How much does Lexington cost?
Prices at Lexington start from AED 916,000 and reach AED 2,300,000 (about $249K) for 1-bedroom, 2-bedroom and 3-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Lexington?
The asking price is around AED 807 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Lexington handover date?
Lexington is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Lexington payment plan?
Lexington is offered on a 50/0/50 plan: 50% on booking, 0% during construction and 50% at handover. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Lexington?
Lexington scores 69 of 100 on the Rendr Score, good, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Town Square according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Lexington?
Lexington is being developed by Nshama. It sits in Town Square, Dubai. You can see every project by Nshama we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Lexington?
Lexington is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Lexington registered with DLD?
We do not yet hold a project registration number for Lexington. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 2 changes since, last 24 Sep 2026
Payment plan changed to 50/0/50
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/nshama/lexington), read 2026-09-24; found in the Dubai web sweep; 8 off-plan sales registered with the DLD in 2026 under "Lexington"
Sales launch date set to 5 May 2025
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/nshama/lexington), read 2026-09-24; found in the Dubai web sweep; 8 off-plan sales registered with the DLD in 2026 under "Lexington"
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/nshama/lexington), read 2026-09-24; found in the Dubai web sweep; 8 off-plan sales registered with the DLD in 2026 under "Lexington"
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