Artificial Intelligence
Builders Company
Developers/Nshama
N
NshamaDubai, United Arab Emirates · founded Founded in 2014 · 1 active markets
PRIVATE

Nshama develops master-planned residential communities in Dubai, combining apartments, townhouses, retail, hospitality, business and cultural amenities. Its value-focused, off-plan model targets families, young professionals, first-time buyers and investors seeking integrated neighbourhood living with green space, convenience and community facilities.

Years in business
12
founded Founded in 2014
LinkedIn headcount
191
employees, as shown on LinkedIn · size band 51–200
Total projects
35 projects
across the company’s whole history
Units delivered
10,144 units delivered
as the company states it
Projects last researched October 7, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
not published
Headquarters
Al Qudra Rd, Al Yalayis 21, Dubai1, United Arab Emirates
Founded
Founded in 20141
Entity type
PRIVATE1
Business model
offplan for sale1, commercial, mixed use, masterplan1
Markets
1 market listed
What they build
Residential, for sale (10 of 10) · Retail (4 of 10)
Full dossier in About →

Delivery record

8 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
−0.5 mo
the middle of 8 scored projects
Average delay
+0.3 mo
the same projects, pulled by the worst
Average time to deliver
2.2 yrs
start to completion, over 8 delivered projects
Worst slip
+7.0 mo
Liva Apartments · +6.0 to +8.0
7
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

8 date-assessed here · 102 developers, 360 date-assessed projects in United Arab Emirates
Median delay
Nshama·102 developers in United Arab Emirates
−0.5 mo vs +4.5 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
Nshama·102 developers in United Arab Emirates
+0.3 mo vs +9.7 mo
this developer 9.4 mo better
Both pulled by their worst few.
On time
Nshama·102 developers in United Arab Emirates
88% vs 54%
this developer 34 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Nshama·102 developers in United Arab Emirates
2.2 yrs vs 3.5 yrs
this developer 1.3 yrs faster
Start to completion, over 8 delivered here and 315 in the market.
Projects and timelines in Track Record →

Resident experience

7 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.0/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Little structure evidence (2 of 7 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.3/ 10
Fabric, services, waterproofing, envelope · from 2 of 7 rated buildings
Management & living
6.8/ 10
Upkeep, response times, amenities, community · from 7 of 7 rated buildings

Against other developers

7 rated here · 118 developers, 506 rated buildings in United Arab Emirates
Overall rating
Nshama · 118 other developers in United Arab Emirates
7.0 vs 7.7
this developer 0.7 worse
The weighted verdict on each side. From 7 of 7 rated buildings here and 506 in the market.
Structure & systems
Nshama · 118 other developers in United Arab Emirates
— vs 6.9
Too few buildings with this score here to compare (2 of 7)
Fabric and engineering only — fixed at handover. From 2 of 7 rated buildings here and 230 in the market.
Management & living
Nshama · 118 other developers in United Arab Emirates
6.8 vs 7.3
this developer 0.5 worse
Upkeep and response — belongs to whoever runs the building now. From 7 of 7 rated buildings here and 483 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner 2016 (reported July 10, 2016)
    Gold Nugget 2016 Award — Best International Site Plan · Town Square Dubai
    Town Square Dubai, identified by the report as a Nshama development, won the Gold Nugget 2016 award for Best International Site Plan after being selected from more than 665 entries across 48 categories.
All awards →

Risks & source coverage

  • DELIVERY DELAY Scheduled completion: December 2024; reported as past due in 2026 Shams Townhouses, developed by Nshama, had a scheduled completion and handover of December 2024; a project-status page accessed in 2026 stated that the date was already past, although it did not provide an actual handover date, so current completion remains uncertain.
  • DELIVERY DELAY Promised Q4 2023; actual handover Q2 2024; reported March 22, 2026 A 2026 review based on stated Dubai Land Department and RERA checks reported that Nshama Phase 2, announced in 2021, was promised for Q4 2023 but was handed over in Q2 2024, a six-month delay.
  • DELIVERY DELAY Zahra: Q3 2018 versus Q4 2017; Safi: Q1 2019 versus Q2 2018; Hayat: Q4 2019 versus Q4 2018; Rawda: Q2 2020 versus Q2 2019; Una: Q3 2020 versus Q1 2020; reported March 22, 2026 The same 2026 review reported that Nshama’s early Town Square phases were delivered later than their original schedules: Zahra by nine months, Safi by nine months, Hayat by twelve months, Rawda by twelve months and Una by six months; the source also states that all those phases were ultimately delivered and does not report cancellation or abandonment.
  • 2 more in Risk & Sources
Record status
active
Company sources
58 source entries across 58 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

8 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
−0.5 mo
the middle of 8 scored projects
Average delay
+0.3 mo
the same projects, pulled by the worst
Average time to deliver
2.2 yrs
start to completion, over 8 delivered projects
Worst slip
+7.0 mo
Liva Apartments · +6.0 to +8.0
7
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

8 date-assessed here · 102 developers, 360 date-assessed projects in United Arab Emirates
Median delay
Nshama·102 developers in United Arab Emirates
−0.5 mo vs +4.5 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
Nshama·102 developers in United Arab Emirates
+0.3 mo vs +9.7 mo
this developer 9.4 mo better
Both pulled by their worst few.
On time
Nshama·102 developers in United Arab Emirates
88% vs 54%
this developer 34 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Nshama·102 developers in United Arab Emirates
2.2 yrs vs 3.5 yrs
this developer 1.3 yrs faster
Start to completion, over 8 delivered here and 315 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Dubai, United Arab Emirates
202220232024202520262027todayDUBAI, UNITED ARAB EMIRATEScompleted, no target publishedcompleted, no target published+7 moverified−3 moverified−1 moverified+3 moverified−1 moverifiedon timeverified−3 moverifiedon timeverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

7 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.0/ 10
Weighted judgment across build and operations · from 7 of 7 rated buildings
Little structure evidence (2 of 7 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.3/ 10
Fabric, services, waterproofing, envelope · from 2 of 7 rated buildings
Management & living
6.8/ 10
Upkeep, response times, amenities, community · from 7 of 7 rated buildings

Against other developers

7 rated here · 118 developers, 506 rated buildings in United Arab Emirates
Overall rating
Nshama · 118 other developers in United Arab Emirates
7.0 vs 7.7
this developer 0.7 worse
The weighted verdict on each side. From 7 of 7 rated buildings here and 506 in the market.
Structure & systems
Nshama · 118 other developers in United Arab Emirates
— vs 6.9
Too few buildings with this score here to compare (2 of 7)
Fabric and engineering only — fixed at handover. From 2 of 7 rated buildings here and 230 in the market.
Management & living
Nshama · 118 other developers in United Arab Emirates
6.8 vs 7.3
this developer 0.5 worse
Upkeep and response — belongs to whoever runs the building now. From 7 of 7 rated buildings here and 483 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

7 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Shams TownhousesTown Square, Dubai213 units
9.3/ 10
—/ 10
9.3/ 10

The building-specific Google Reviews/Maps aggregate of 4.7/5 from 19 reviews sets the level and converts to 9.1/10 under the stated curve. The written feedback is strongly positive about family living, parks, location and activities, with no recurring serious or moderate complaint; the single criticism about uniform design is not enough to reduce the score.

+ Family-friendly community+ Parks and walking paths+ Friendly community+ Nearby shopping and schools+ Activities and open space
− Limited public transport− Car-dependent location− Repetitive townhouse appearance− Some distance from central Dubai
Not found in sources: No recurring management complaint found

no notes returned

no links returned

The available reviews describe a lively, family-oriented lifestyle: one reviewer called it an “Amazing community and location” with “Friendly people and lots of activities,” while another praised the parks, walking paths, cafés and open spaces. Property Finder’s two-review community profile reports 4.4/5 overall, with 5.0/5 for parks nearby, 4.8/5 for family friendliness and amenities, and 4.4/5 for maintenance; the main negative written comment says the homes are visually repetitive and difficult to distinguish.

Reem TownhousesTown Square, Dubai
8.8/ 10
—/ 10
8.8/ 10

Google Reviews/Maps provides the largest published building-specific review base, at 4.6/5 from 57 reviews, which converts to 8.8/10 under the specified curve. The small Property Finder set is materially less reliable for scoring because it has only two reviews and the displayed comments are broader Town Square commentary; no recurring or severe Reem-specific complaint was found to move the anchor.

+ pleasant villas+ attractive community+ good location+ family-friendly+ easy road access
− construction noise− early-morning noise− ongoing development− quietness concern
Not found in sources: limited operational evidence

no notes returned

no links returned

The available resident-facing feedback is mostly positive: reviewers describe “Nice villas and community,” an “Amazing place to live,” and a “Good community for families with kids.” The principal operational criticism was that “a terrible noise starts from six o'clock in the morning from the constructions around you”; this is one dated review rather than a recurring theme, so the evidence does not establish a current management pattern.

The Regent ResidencesTown Square, Dubai238 units
7.0/ 10
—/ 10
7.0/ 10

No eligible rating reaches the ten-review threshold, and the only aggregate located is Property Finder's community-level set, which the instructions exclude from scoring. The score therefore uses the two written reviews read: both are positive, but the small sample and community—not building—scope pull the result toward 6.5 rather than allowing a high confidence building score.

+ Published maintenance score 4.3/5+ Modern residential design+ Completed building+ Pool and gym facilities
Not found in sources: No reported structural failures · No repeated infrastructure complaint found · No plumbing complaint found · No HVAC complaint found · No electrical complaint found · No leak or waterproofing complaint found
+ Parks and walking paths+ Family-friendly atmosphere+ Clean and peaceful setting+ Cafés and shops nearby+ Security and shared amenities
− Limited public transport− Far from central Dubai− Distance from metro stations− Limited high-school and university access
Not found in sources: No building-specific management review

Property Finder publishes a 4.3/5 maintenance sub-score for the Town Square community, but this is a community-level score rather than a building-only engineering assessment. The two written reviews contain no structural or systems complaints; they instead describe the setting as "clean, peaceful" and "well planned."

The two Property Finder reviews are positive: one says Town Square has "a friendly, welcoming vibe" and that the parks, cafés and open spaces make daily life enjoyable; the other calls it "clean, peaceful, and family-friendly" with beautiful parks and walking tracks. The same page rates community amenities 4.8/5 and connectivity/traffic 3.9/5, while Bayut cautions that the building is far from metro stations and Property Finder describes limited public transport for Town Square.

Maha TownhousesTown Square, Dubai501 units
6.5/ 10
—/ 10
6.5/ 10

The only published building-specific aggregate located was 4/5 from 4 reviews, which converts to 7/10 but is below the 10-review anchor threshold, so the result is kept near 6.5. One written review reports potentially serious AC and maintenance problems, reducing the result to 6.5; no structure score is assigned because there is no published structural rating or sufficiently broad structural evidence.

− Central AC complaints− Persistent humidity− Poor cooling− Slow maintenance response− Unqualified technicians
+ Family-friendly setting+ Green surroundings+ Nearby parks+ Community amenities+ Party/event suitability
− Slow maintenance response− Limited public transport− Central AC dissatisfaction− Unqualified maintenance visits− Possible room unlivability

The only infrastructure-specific review read reported “persistent humidity” and “poor cooling,” describing some rooms as “unlivable” for months. It also alleged that Gree maintenance teams responded slowly and used trial-and-error rather than proper diagnosis; this is a single serious report, not a recurring theme established by multiple reviews.

Published descriptions portray Maha as a family-friendly, tranquil community with parks, pools, play areas and nearby retail; Bayut also notes that limited public transport can challenge residents. Resident feedback is mixed: one review said “Amazing place for party,” while another called living there “a very disappointing experience so far” because of unresolved AC and maintenance problems.

The Diplomat ResidencesTown Square, Dubai153 units
6.0/ 10
—/ 10
5.5/ 10

The building-specific Google aggregate of 3.5/5 from 13 reviews is the only rating with a review base of at least 10 and therefore anchors the score at 5.5/10 under the stated conversion curve. Written feedback is divided: several reviews praise the calm, modern setting and facilities, while security and management/enforcement complaints recur. No building-specific published evidence supports a separate structure score.

+ Calm environment+ Modern and clean+ Swimming pool+ Accessible facilities+ Family-oriented amenities
− Security complaints− Weak rule enforcement− Podium noise− Litter concerns− Peak-hour traffic

no notes returned

no links returned

Residents praised the building as “modern, clean, and comfortable,” and described it as a “Modern residential complex with swimming pool, quiet environment.” Negative feedback focused on operations: one reviewer said security “does absolutely nothing” about podium noise and litter, while two separate September 2025 reviews complained that security behaviour was not good.

Liva ApartmentsTown Square, Dubai484 units
5.9/ 10
4.5/ 10
5.9/ 10

Google’s building-specific 3.7/5 from 37 reviews is the largest qualifying review base and converts to 6.4/10 before commentary. The reported leakage, noise, alarm and management problems outweigh the repeated but narrower praise for amenities, cleanliness and concierge service; the structure score is lower because the written evidence includes leakage, humidity and finishing defects, but no structural aggregate rating was published.

+ Modern finishes+ New construction+ Clean common areas+ Organized building+ Temperature-controlled pool
− Water leakage− Humidity reports− Poor finishing complaints− Repeated fire alarms− Construction-related disturbance
+ Good communal facilities+ Co-working spaces+ Cleanliness+ Professional concierge+ Keycard security and cameras
− Night construction noise− Repeated fire alarms− Children's noise− Slow maintenance response− Biometric access failures

Published reviews include direct physical-condition complaints: one reviewer described “very poor” construction quality and finishing, “humidity, water leakage,” and recurring maintenance problems; another reported a bathroom leak left unresolved for more than two hours. These are review reports rather than an engineering inspection, and no independent structural score or formal defect report was found.

Daily-life feedback is polarized. Positive reviews say the amenities and service “give the feeling of living in a hotel” and praise “silent spaces to work from home,” while negative reviews report that construction noise made sleep impossible, children were “running and screaming,” and security or management did not resolve complaints.

Ascot ResidencesTown Square, Dubai
5.2/ 10
4.1/ 10
4.5/ 10

Google Reviews/Maps provides the only qualifying building-level aggregate with at least 10 reviews: 3.4/5 from 16 reviews, converting to 4.8/10 under the supplied curve. The reported review themes are unusually mixed but lean negative on practical operations and systems, so the score is reduced to 4.3/10 after limited commentary adjustment; the structure and living sub-scores reflect the same evidence separately.

+ New building+ Good construction (positive reports)+ Central air-conditioning provision+ Covered parking advertised+ Modern facilities
− AC performance complaints− Water leakage reports− Weak water pressure− Yellow/metallic-smelling water− Poor finishing complaints
+ Friendly staff+ Clean common areas+ Good gym+ Calm atmosphere+ Attractive Town Square setting
− Pool closures/maintenance− Faulty fingerprint access− Parking exposed to sun and sand− Noisy site generator− Limited ground-floor retail

Structural and systems feedback is mixed. Positive reviewers called the building “new” and of “high quality,” but other residents reported that the AC “doesn't work properly,” water pressure was sometimes insufficient to shower, water could turn yellow with a metallic smell, and there were leak and finishing complaints. These are resident reports, not an engineering inspection, and the available evidence is limited to the review set.

Day-to-day experience appears inconsistent. Residents praised “friendly staff,” a “perfect gym,” cleanliness and a calm atmosphere, but several reviews describe the pool as closed or constantly under maintenance, access systems that did not work, exposed parking and delayed service; one resident said security kept telling them to wait every day. The Property Finder material is community-level praise rather than a building rating and is therefore reported but not used for scoring.

Only buildings that have reached handover are rated. 3 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
not published
Headquarters
Al Qudra Rd, Al Yalayis 2, Dubai, United Arab Emirates
Al Yalayis 2
Founded
Founded in 2014
Dubai, United Arab Emirates
Entity type
PRIVATE
Revenue
USD 1.89 million annual revenue
Business model
offplan for sale, commercial, mixed use, masterplan

Partners

9 partners
Mohammad Bin Rashid Al Maktoum Foundation (MBRF)
joint venture

MBRF extended part of its Dubai land bank for a joint-venture integrated lifestyle development; Nshama was to design and develop homes, business centres and cultural destinations.

Gulf Beaver Group
contractor

Awarded the construction contract for Nshama’s Zahra and Hayat Townhouses in Town Square.

United Engineering Co (Unec)
contractor

Received contracts for the Zahra and Safi apartment blocks in Town Square.

Engineering Contracting Company (ECC)
contractor

Appointed for the AED310mn design-and-construction contract for UNA apartments in Town Square.

Emaar Hospitality Group / Vida Hotels and Resorts
operator

Signed an agreement for Vida to operate a 180-key lifestyle boutique hotel and serviced residences property in Town Square.

Kier Dubai
contractor

Named among the key contractors awarded Town Square construction work, including infrastructure and residential packages.

Shapoorji Pallonji
contractor

Named among contractors awarded Town Square residential-project construction work.

Al Naboodah Contracting
contractor

Named among contractors awarded Town Square construction work.

Binladin Contracting Group
contractor

Awarded the initial road-works package and wet-utilities work for Town Square.

Sources: partners

PRESS2018-09-15

Mohammad Bin Rashid Foundation signs joint venture with Nshama

Gulf News
MBRF will extend a part of its land bank in Dubai on a joint venture partnership for developing an integrated communicated development
value seen: Mohammad Bin Rashid Al Maktoum Foundation (MBRF)
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://gulfnews.com/business/property/mohammad-bin-rashid-foundation-signs-joint-venture-with-nshama-1.1392330

Sources: partners

PRESS2015-08-24

Construction contract awarded for Town Square townhouses in Dubai

The National
the construction contract for its Zahra and Hayat Townhouses awarded to Gulf Beaver Group
value seen: Gulf Beaver Group
https://www.thenationalnews.com/business/property/construction-contract-awarded-for-town-square-townhouses-in-dubai-1.90848

Sources: partners

PRESS2015-08-24

Construction contract awarded for Town Square townhouses in Dubai

The National
Nshama awarded contracts for the Zahra and Safi apartment blocks to Dubai-based United Engineering Co (Unec)
value seen: United Engineering Co (Unec)
https://www.thenationalnews.com/business/property/construction-contract-awarded-for-town-square-townhouses-in-dubai-1.90848

Sources: partners

PRESS2018-06-05

Dubai: Nshama appoints ECC for AED310mn deal for Town Square apartments

Construction Business News Middle East
Engineering Contracting Company (ECC) has been appointed on the AED310mn contract for the design and construction of the UNA apartments in Town Square Dubai by Nshama.
value seen: Engineering Contracting Company (ECC)
https://www.cbnme.com/news/dubai-nshama-appoints-ecc-for-aed310mn-deal-for-town-square-apartments/

Sources: partners

PRESS2015-03-03

Emaar’s Vida signs 180-key Dubai Town Square hotel

Hotelier Middle East
Emaar Hospitality Group’s Vida Hotels and Resorts has signed an agreement with Nshama to operate a lifestyle boutique Vida hotel and serviced residences property in Dubai’s Town Square development.
value seen: Emaar Hospitality Group / Vida Hotels and Resorts
held out of the figures · the quote does not carry this value
https://www.hoteliermiddleeast.com/business/23158-emaars-vida-signs-180-key-dubai-town-square-hotel

Sources: partners

PRESS2016-11-30

Dubai’s mega Town Square development to deliver 2,000 homes in 2017

Gulf Business
Key contractors include Shapoorji Pallonji, Kier Dubai, Al Naboodah Contracting, Beaver Gulf Group and Binladin Contracting Group.
value seen: Kier Dubai
https://mot-backup.gulfbusiness.com/dubais-mega-town-square-development-to-deliver-2000-homes-in-2017/

Sources: partners

PRESS2016-11-30

Dubai’s mega Town Square development to deliver 2,000 homes in 2017

Gulf Business
Key contractors include Shapoorji Pallonji, Kier Dubai, Al Naboodah Contracting, Beaver Gulf Group and Binladin Contracting Group.
value seen: Shapoorji Pallonji
https://mot-backup.gulfbusiness.com/dubais-mega-town-square-development-to-deliver-2000-homes-in-2017/

Sources: partners

PRESS2016-11-30

Dubai’s mega Town Square development to deliver 2,000 homes in 2017

Gulf Business
Key contractors include Shapoorji Pallonji, Kier Dubai, Al Naboodah Contracting, Beaver Gulf Group and Binladin Contracting Group.
value seen: Al Naboodah Contracting
https://mot-backup.gulfbusiness.com/dubais-mega-town-square-development-to-deliver-2000-homes-in-2017/

Sources: partners

PRESS2016-11-30

Dubai’s mega Town Square development to deliver 2,000 homes in 2017

Gulf Business
The initial road works package has been awarded to Binladin Contracting, who is also responsible for the construction of wet utilities.
value seen: Binladin Contracting Group
held out of the figures · the quote does not carry this value
https://mot-backup.gulfbusiness.com/dubais-mega-town-square-development-to-deliver-2000-homes-in-2017/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Arab Emiratesactive 10 projects tracked

What they build

2 types
Residential, for sale10 of 10
Retail4 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
FD
Fred Durie
Fred Durie is Nshama’s chief executive. Nshama describes him as central to bringing the company to life, while reporting identifies him as former CEO of Emaar International and a leader associated with Downtown Dubai and Dubai Marina.
Current title
Chief Executive Officer
Experience
no career length stated
Companies before
Emaar International
Education
not published
Other boards
none sourced
Known for
CEOFormer Emaar International CEODubai mega-projectsCivil engineer
Nshama is ushering in a new development approach to Dubai that draws on the Dubai Plan 2021 and supports the key theme of establishing the city as a ‘preferred place to live, work and visit.’ Zawya February 26, 2015https://www.zawya.com/en/press-release/nshama-unveils-town-square-the-citys-first-of-its-kind-urban-metropolis-offering-unmatched-value-iq06jpyr
We are not here to make a quick dirham. We are here for the long haul. Khaleej Times February 9, 2016https://www.khaleejtimes.com/business/a-mid-income-dream-is-taking-shape-in-dubai

Sources: previous companies

PRESS2014-11-18

Former Emaar chief takes the reins at young Dubai-based developer

The National
Fred Durie, who joined Emaar in 2001 and was the chief executive of Emaar International
value seen: Emaar International
https://www.thenationalnews.com/business/property/former-emaar-chief-takes-the-reins-at-young-dubai-based-developer-1.253025

Sources: quotes

PRESS2015-02-26

Nshama unveils Town Square

Zawya
Fred Durie said: "Nshama is ushering in a new development approach to Dubai that draws on the Dubai Plan 2021 and supports the key theme of establishing the city as a 'preferred place to live, work and visit.'"
value seen: Nshama is ushering in a new development approach to Dubai
https://www.zawya.com/en/press-release/nshama-unveils-town-square-the-citys-first-of-its-kind-urban-metropolis-offering-unmatched-value-iq06jpyr

Sources: quotes

PRESS2016-02-09

A mid-income dream is taking shape in Dubai

Khaleej Times
We are not here to make a quick dirham. We are here for the long haul," affirms Durie.
value seen: We are not here to make a quick dirham. We are here for the long haul.
https://www.khaleejtimes.com/business/a-mid-income-dream-is-taking-shape-in-dubai

Sources: summary

COMPANYdate not shown in source

About Us - Nshama

Nshama
Fred Durie, a seasoned real estate expert with a key role in landmark Emaar projects like Downtown Dubai and Dubai Marina, has been crucial in bringing Nshama to life.
value seen: Fred Durie
value paraphrased from this source
https://nshama.ae/about-us/

Sources: title

PRESS2015-02-26

Nshama unveils Town Square

Zawya
Led by Chief Executive Officer Fred Durie
value seen: Chief Executive Officer
https://www.zawya.com/en/press-release/nshama-unveils-town-square-the-citys-first-of-its-kind-urban-metropolis-offering-unmatched-value-iq06jpyr
AJ
Abdul-Rahman Juma AlFalasi
Nshama’s own brochure identifies Abdul-Rahman Juma AlFalasi as one of the two people by whom the privately owned business is run. Independent reporting identifies him as Director of Projects and records earlier project-management and Africa-operations work at Tradewinds.
Current title
Owner; Director of Projects
Experience
no career length stated
Companies before
Tradewinds
Education
not published
Other boards
none sourced
Known for
OwnerDirector of ProjectsConstructionTradewinds

Sources: summary

PRESS2015-02-26

Nshama unveils Town Square

Zawya
Abdulrahman Juma Alfalasi, Director of Projects, has over 13 years of experience in the construction industry and was earlier Project Manager and Africa Operations Director of Tradewinds
value seen: Abdul-Rahman Juma AlFalasi
value paraphrased from this source
https://www.zawya.com/en/press-release/nshama-unveils-town-square-the-citys-first-of-its-kind-urban-metropolis-offering-unmatched-value-iq06jpyr

Sources: title

COMPANYdate not shown in source

Town Square Dubai

Nshama
Still privately-owned and run by Fred Durie and Abdul-Rahman Juma AlFalasi
value seen: privately-owned and run; Director of Projects
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://nshama.ae/wp-content/uploads/2023/01/SAMA_Brochure_New-2-Highres-NEW.pdf
SR
Sai Ramya Ravisankar
Sai Ramya Ravisankar is listed as Nshama’s Senior Director - Operations. Her documented background includes earlier HR leadership at Nshama and regional HR leadership at RSH (Middle East), with an MBA from Middlesex University and a B.Sc. from Sri Sathya Sai Institute of Higher Learning.
Current title
Senior Director - Operations
since Nov 2017 - Present
Experience
no career length stated
Companies before
RSH (Middle East) LLC
Education
Middlesex UniversityMaster of Business Administration (MBA)
Sri Sathya Sai Institute of Higher LearningBachelor of Science (B.Sc.), Biosciences
National Institute of Information TechnologyHonors Diploma, Network centered computing
Other boards
none sourced
Known for
Senior Director - OperationsOperationsMBARSH (Middle East)
https://linkedin.com/in/sai-ramya-ravisankar-12383821

Sources: education

SOCIAL2026-09-07

sai ramya ravisankar

LinkedIn
Master of Business Administration (MBA) at Middlesex University
value seen: Master of Business Administration (MBA) at Middlesex University; Bachelor of Science (B.Sc.), Biosciences, at Sri Sathya Sai Institute of Higher Learning
held out of the figures · the quote does not carry this value
https://linkedin.com/in/sai-ramya-ravisankar-12383821

Sources: summary

SOCIAL2026-09-07

sai ramya ravisankar

LinkedIn
Previous roles include HR Director at NSHAMA, Regional Head - Human Resources at RSH (Middle East) LLC
value seen: Senior Director - Operations
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/sai-ramya-ravisankar-12383821

Sources: title

SOCIAL2026-09-07

sai ramya ravisankar

LinkedIn
Senior Director - Operations (Current) Nov 2017 - Present
value seen: Senior Director - Operations
https://linkedin.com/in/sai-ramya-ravisankar-12383821
PS
Prem Sankar MRICS
Prem Sankar is Nshama’s Director - Projects & Commercial, after previously serving as its Senior Manager, Pre and Post Contracts. His profile describes expertise in project estimation, construction cost control, value engineering, quantity surveying and cost reporting, with earlier senior commercial roles at Oberoi Realty and Arabtec Construction.
Current title
Director - Projects & Commercial
since Jan 2024 - Present
Experience
no career length stated
Companies before
Oberoi RealtyArabtec Construction LLC
Education
College of Estate Management, LondonBSc Q.S.; RICS-accredited quantity-surveying study
Other boards
none sourced
Known for
Director - Projects & CommercialMRICSQuantity surveyingOberoi RealtyArabtec Construction
https://linkedin.com/in/prem-sankar-mrics-92a2697

Sources: previous companies

SOCIAL2019-11-06

Post by Prem Sankar MRICS

LinkedIn
Previous roles include Senior Manager, Pre and Post Contracts at NSHAMA, Vice President - Contracts and Commercial at Oberoi Realty ... COMMERCIAL MANAGER at Arabtec Construction LLC.
value seen: Oberoi Realty; Arabtec Construction LLC
held out of the figures · the quote does not carry this value
https://www.linkedin.com/posts/prem-sankar-mrics-92a2697_activity-6597675714500231168-esyQ

Sources: summary

SOCIAL2026-09-05

Prem Sankar MRICS

LinkedIn
Project Estimation, Construction Cost Control, Value Engineering, Quantity Surveying, and Cost Reporting.
value seen: Project Estimation, Construction Cost Control, Value Engineering, Quantity Surveying, and Cost Reporting
value paraphrased from this source
https://linkedin.com/in/prem-sankar-mrics-92a2697

Sources: title

SOCIAL2026-09-05

Prem Sankar MRICS

LinkedIn
Director - Projects & Commercial (Current) Jan 2024 - Present
value seen: Director - Projects & Commercial
https://linkedin.com/in/prem-sankar-mrics-92a2697
AV
ARSHAD V ABDUL MAJEED
ARSHAD V ABDUL MAJEED is listed as Nshama’s current Head of FM. His profile also documents earlier facilities-management roles at Emaar Facilities Management and Berkeley Services UAE.
Current title
Head of FM
since Nov 2025 - Present
Experience
no career length stated
Companies before
Emaar Facilities ManagementBerkeley Services UAE LLC
Education
University of CalicutBachelor's degree, Mechanical Engineering
Annamalai UniversityMaster of Business Administration (MBA)
Other boards
none sourced
Known for
Head of FMFacilities managementCEMCFMASHRAE
https://linkedin.com/in/arshad-majeed

Sources: education

SOCIAL2026-09-15

ARSHAD V ABDUL MAJEED CEM / CFM/ ASHRAE

LinkedIn
Bachelor's degree Mechanical Engineering at University of Calicut ... Master of Business Administration - MBA Business Administration and Management General at Annamalai University
value seen: Bachelor's degree Mechanical Engineering at University of Calicut; Master of Business Administration at Annamalai University
held out of the figures · the quote does not carry this value
https://linkedin.com/in/arshad-majeed

Sources: summary

SOCIAL2026-09-15

ARSHAD V ABDUL MAJEED CEM / CFM/ ASHRAE

LinkedIn
Facilities Manager - Emaar Facilities Management ... Assistant Facilities Manager - Berkeley Services UAE LLC
value seen: Facilities Manager - Emaar Facilities Management; Assistant Facilities Manager - Berkeley Services UAE LLC
value paraphrased from this source
https://linkedin.com/in/arshad-majeed

Sources: title

SOCIAL2026-09-15

ARSHAD V ABDUL MAJEED CEM / CFM/ ASHRAE

LinkedIn
Head of FM - [NSHAMA] (Current) Nov 2025 - Present
value seen: Head of FM
https://linkedin.com/in/arshad-majeed
ET
Elina Thomas
Elina Thomas is Nshama’s current Head of Customer Experience & Operations, following earlier customer-care and senior customer-experience roles at Nshama. Her profile records prior leadership as Head of Customer Relations at Bloom Holding and education at Heriot-Watt University and Champlain College.
Current title
Head of Customer Experience & Operations
since Jan 2026 - Present
Experience
no career length stated
Companies before
Bloom Holding
Education
Heriot-Watt UniversityMaster of Business Administration (MBA), ongoing
Champlain CollegeBachelor of Business Administration, Human Resources Management and Marketing
Other boards
none sourced
Known for
Head of Customer Experience & OperationsCustomer experienceOperationsBloom HoldingMBA
https://linkedin.com/in/elina-thomas-46665221

Sources: education

SOCIAL2026-09-10

Elina Thomas

LinkedIn
Master of Business Administration (MBA) Business Administration and Management General at Heriot-Watt University ... Bachelor of Business Administration Human Resources Management and Marketing at Champlain College
value seen: Master of Business Administration at Heriot-Watt University; Bachelor of Business Administration at Champlain College
held out of the figures · the quote does not carry this value
https://linkedin.com/in/elina-thomas-46665221

Sources: summary

SOCIAL2026-09-10

Elina Thomas

LinkedIn
Head Of Customer Relations - [Bloom Holding]
value seen: Head Of Customer Relations - Bloom Holding
value paraphrased from this source
https://linkedin.com/in/elina-thomas-46665221

Sources: title

SOCIAL2026-09-10

Elina Thomas

LinkedIn
Head of Customer Experience & Operations (Current) Jan 2026 - Present
value seen: Head of Customer Experience & Operations
https://linkedin.com/in/elina-thomas-46665221

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The MayfairDubai, United Arab Emirates
Town Square
residential for sale, retail24217—AED 105.7m
estimated cost
10% / 40% / 50%12023December 2023—Aug 2026—not scorablecompleted
The HamiltonDubai, United Arab Emirates
Town Square
residential for sale, retail2421G+6—AED 107.5m
estimated cost
10/40/5012023October 1, 2023—Oct 2025 – Dec 2025—not scorablecompleted
Liva ApartmentsDubai, United Arab Emirates
Town Square
residential for sale484112—AED 114.4m
estimated cost
10/40/5012023February 28, 2023Jan 2025 – Mar 2025Sep 2025+7.0 mo
(+6.0 to +8.0)
sourcedcompleted
Holland GardensDubai, United Arab Emirates
Town Square
residential for sale, retail22817—AED 110.7m
other
10/40/5012023May 12, 2023Oct 2025 – Dec 2025Jul 2025 – Sep 2025−3.0 mo
(−5.0 to −1.0)
sourcedcompleted
Maha TownhousesDubai, United Arab Emirates
Town Square
residential for sale5011———50/5012023March 1, 2023Sep 2025Jul 2025 – Sep 2025−1.0 mo
(−2.0 to 0.0)
sourcedcompleted
The Regent ResidencesDubai, United Arab Emirates
Town Square
residential for sale, retail2381G+6+R—AED 110.2m
estimated cost
10/40/5012023July 2023Apr 2025 – Jun 2025Jul 2025 – Sep 2025+3.0 mo
(+1.0 to +5.0)
sourcedcompleted
Ascot ResidencesDubai, United Arab Emirates
Town Square
residential for sale—6—AED 66.8m
estimated cost
10/40/10/4012022November 1, 2022Dec 2024Nov 2024−1.0 mo
(−1.0 to −1.0)
sourcedcompleted
The Diplomat ResidencesDubai, United Arab Emirates
Town Square
residential for sale15316—AED 64.2m
other
10/50/4012022November 1, 2022Oct 2024 – Dec 2024Nov 20240.0 mo
(−1.0 to +1.0)
sourcedcompleted
Shams TownhousesDubai, United Arab Emirates
Town Square
residential for sale2131——AED 161.9m
other
10/40/5012022September 30, 2022Oct 2024 – Dec 2024Aug 2024−3.0 mo
(−4.0 to −2.0)
sourcedcompleted
Reem TownhousesDubai, United Arab Emirates
Town Square
residential for sale———AED 301.8m
other
10/30/6012022January 2022Oct 2023 – Dec 2023Nov 20230.0 mo
(−1.0 to +1.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

1 found
PROJECT AWARD Winner 2016 (reported July 10, 2016)
Gold Nugget 2016 Award — Best International Site Plan · Town Square Dubai
Town Square Dubai, identified by the report as a Nshama development, won the Gold Nugget 2016 award for Best International Site Plan after being selected from more than 665 entries across 48 categories.

Risks

Risk flags

5 found
DELIVERY DELAY Scheduled completion: December 2024; reported as past due in 2026
Shams Townhouses, developed by Nshama, had a scheduled completion and handover of December 2024; a project-status page accessed in 2026 stated that the date was already past, although it did not provide an actual handover date, so current completion remains uncertain.
DELIVERY DELAY Promised Q4 2023; actual handover Q2 2024; reported March 22, 2026
A 2026 review based on stated Dubai Land Department and RERA checks reported that Nshama Phase 2, announced in 2021, was promised for Q4 2023 but was handed over in Q2 2024, a six-month delay.
DELIVERY DELAY Zahra: Q3 2018 versus Q4 2017; Safi: Q1 2019 versus Q2 2018; Hayat: Q4 2019 versus Q4 2018; Rawda: Q2 2020 versus Q2 2019; Una: Q3 2020 versus Q1 2020; reported March 22, 2026
The same 2026 review reported that Nshama’s early Town Square phases were delivered later than their original schedules: Zahra by nine months, Safi by nine months, Hayat by twelve months, Rawda by twelve months and Una by six months; the source also states that all those phases were ultimately delivered and does not report cancellation or abandonment.
PROJECT CANCELLED Original JV announcement: 12 Nov 2015; cancellation status reported/updated: 23 Dec 2025; cancellation decision date not stated.
Al Fursan, a mixed-use Healthcare City Phase 2 development announced as a joint venture between Dubai Healthcare City Authority and Nshama, is reported as cancelled; the available record does not state the cancellation decision date or establish liability beyond the JV/project entity.
DELIVERY DELAY Source published 22 Mar 2026; reported promised-versus-actual completion periods: Q4 2017→Q3 2018, Q2 2018→Q1 2019, Q4 2018→Q4 2019, Q2 2019→Q2 2020, Q1 2020→Q3 2020 and Q4 2023→Q2 2024.
An independent Dubai property review reports that Nshama’s Town Square phases Zahra apartments, Safi apartments, Hayat townhouses, Rawda apartments, Una townhouses and Nshama Phase 2 were completed after their reported promised handover quarters, with delays ranging from about six to twelve months; the same review says all were subsequently delivered, so this is resolved delay history rather than an active non-delivery finding.

Record status

active
Coverageactive
Tracked sinceOctober 6, 2026
Last checkedOctober 7, 2026 this month
Profile last researchedOctober 7, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.