Costs · Town Square Dubai

Property Insurance in Town Square Dubai

What landlords in Town Square Dubai should insure and what it costs.

Price per sqft

AED 1,150 per sqft

1-bed rent

AED 58,000/yr

Gross yield

8–9%

Short-let occupancy

63%

What to cover

Building cover usually sits with the owners' association. Owners should hold contents and landlord liability — roughly AED 800–2,500 a year for an apartment in Town Square Dubai, more for a furnished short-let unit.

Short-let specifics

Holiday-home operation needs a policy that explicitly covers paying guests. Standard home policies exclude it, and platform guarantees are not insurance.

Town Square Dubai at a glance

Town Square Dubai is Nshama's family township with the cheapest freehold townhouses in Dubai. Buying sits at AED 1,150 per sqft — roughly AED 897,000 for a standard one-bedroom — while long-term tenants pay about AED 58,000 a year. Hosted as a licensed holiday home, the same unit averages AED 334 a night at 63% occupancy, around AED 76,803 gross. Owners on our managed programme average AED 105,989 — a 38% uplift.

Frequently asked questions

Is insurance mandatory in Dubai?

Not for owners, but mortgage lenders require life and property cover.

Does Airbnb cover damage?

AirCover helps but is not a substitute for a landlord policy covering short-term letting.