ORA
2 BR · Apartment · 2 bathrooms
Price history
Listed since 9 October 2026. The price has been cut once — dates and figures from the listing itself.
- 10 October 2026 AED 1 600 000
- 17 October 2026 AED 1 485 000 -7%
Where it is
The pin is placed by district — I send the exact address on request.
Town Square
Nshama’s large affordable community around a central park: townhouses and apartments, all from one developer.
- consistent single-developer quality
- a genuinely good central park
- family townhouses
What to check: Nshama continues to release phases here, so factor a continuing supply pipeline into any capital growth assumption and check what is still under construction near your unit.
Full district guide →Questions and answers about lot NP4-515916
How much is this 2-bedroom apartment in ORA?
Lot NP4-515916 is priced at AED 1 485 000, about $404 000. The size is 1 186 sq ft (110 m²), which works out at AED 1 252 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 600 000 to AED 1 485 000: AED 115 000 less, or 7%. It was cut once. On the market since 9 October 2026.
Is this expensive or cheap for Town Square?
The database holds 5 lots in Town Square, starting from AED 1 160 000. The area median is AED 1 477 per sq ft; this lot, at AED 1 252, is 15% below it. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Town Square area guide →Is the property ready or still under construction?
According to the listing, the property is still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 59 400 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 515 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-515916 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: ORA
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Town Square
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