Where should you rent or buy a villa: Mira or Town Square?
If you’re interested in renting or buying a luxurious property in Dubai, Town Square and Mira are two communities you can consider. Both offer a variety of villas with different bed types and amenities, including walkways and jogging trails. Next is a comparison of each community, the types of villas, expected returns on investment, and the lifestyles and amenities on offer. So, you can decide whether renting or buying a villa in Mira or Townsquare is right for you.
Which is better, Mira vs Town Square
Mira is a villa and townhouse sub-community by Emaar in Reem, Dubai, along Al Qudra Road. It has five phases – Mira 1 to Mira 5 and was completed in 2017. Apart from a dedicated town centre, the residential community has plenty of green spaces, play areas, lush parks, and a cycling and jogging track.
Town Square, on the other hand, is a development by Nshama. Apart from villas, it offers apartments and townhouses and is close to Arabian Ranches and Motor City. The neighbourhood has lush green gardens dotted around and lies near Al Qudra Lake.
Deciding between villas in Mira or villa in Town Square, in terms of investments, isn’t the easiest because both communities have their benefits. Both are located along Al Qudra Road, which links several neighbourhoods. Additionally, the communities are preferred by investors and tenants since the villas offered are within affordable ranges.
Should you buy a villa in Mira or a villa in Town Square?
Town Square and Mira have an extensive portfolio of 4 to 5-bedroom villas for sale. So, investors or would-be buyers searching for forever homes are spoilt for choice. The floor plans for Mira feature a variety of layouts. And, those who buy villas in Mira can take advantage of various amenities.
Similarly, the villas for sale in Town Square are up for grabs. Prospective buyers can check out Town Square floor plans for a closer look at available layouts. Both communities offer impressive returns.
A look at buying a villa in Mira vs buying a villa in Town Square can give potential buyers a better idea of options. As per current listings on Bayut:
- The average price to buy 3-bed villas in Mira stands at AED 2.4M.
- The larger 4-bed villas in Mira are priced at AED 3M.
- The ROI for villa for sale in Mira is 6.63%.
For those in search of more choices, here is what they can expect to pay for villas for sale in Town Square:
- 3-bed villas for sale in Town Square cost an average of AED 2M.
- To buy a 4-bed villa in the area, buyers may have to pay AED 2.5M, on average.
- The expected ROI for villa sales in the area is 7.11%.
Rent a Villa in Mira vs Rent a Villa in Town Square
Potential tenants can expect a similar choice of villas in both communities, ranging from 3-bed to larger 4 and 5-bed units.
Regarding villas for rent in Mira:
- On average, a 3-bed villa for rent in Mira costs AED 163k.
- The 4-bed rental villas in the area are priced at AED 205k, on average.
For tenants interested in Town Square, here is an overview of rental prices:
- The average price for 3-bedroom villas for rent in Town Square is AED 148k.
- The average rate for 4-bed villas for rent in the area goes up to AED 177k.
Living in Town Square vs Mira
Can’t decide which community will be best for you as a tenant or buyer? Here is an overview of the lifestyle offered in Mira:
- Living in Mira benefits those who love to keep fit owing to the availability of walking and jogging tracks.
- For sports buffs, there are facilities for football, cricket, tennis and even mini-golf.
- Community swimming pools are available throughout the development.
- Mira Town Centre has a Spinney’s, laundry, salon, restaurants and cafes.
- Healthcare facilities near the area include Aster Medical Centre, Saudi German Hospital and NMC Family Clinic.
Other perks include a dog park and a skate park. Getting around Mira is also easy, thanks to the RTA bus route JO2, which runs through the community. Residents enjoy easy access to Sheikh Mohammed bin Zayed Road (E311) and Emirates Road (E611).
On the other hand, living in Town Square comes with these benefits:
- The area has play areas, parks, cycle tracks and shaded walkways.
- Fitness buffs can quickly reach the nearby gyms in Dubai Studio City and Mudon.
- There are green spaces, parks and waterworks throughout the neighbourhood.
- It lies to the famous Al Qudra Lake.
- The area has various events happening all year round.
Apart from the mentioned perks, Town Square has plenty of things to do. There is a Sports Lounge with activities like table tennis and basketball. Another highlight is the Battle Park, with different types of combat-based activities like paintball. Other perks include a trampoline park, Splash Pad, Wave Rider and even a 70-seater carousel.
When deciding between a villa in Mira or a villa in Townsquare, these benefits should help.
FAQs about villa in Mira or villa in Town Square
Where can I buy houses in Mira?
You are spoilt for choice when it comes to houses for sale and rent in the area. Popular areas to buy villas and townhouses in Mira include Mira 4 and 5.
Are there other properties in Town Square?
Check out popular areas to rent townhouses and apartments in Town Square if you’re not interested in villas. Popular complexes include UNA Apartments and Rawda Apartments. For bigger townhouses, Hayat Townhouses are a good choice.
Should you go for a villa in Mira or a villa in Town Square? Well, each community has its own set of benefits. So, your choice ultimately lies in personal preferences.
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