BuildingTown Square · Nshama Properties · 2024

Ascot Residence

Studios to three-beds in Town Square. 5 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 20 March 2026
Typical price per sqftAED 1,5155 sales
Typical saleAED 1.35M5 sales
Typical rentAED 65K /yrAED 101 per sqft
Typical yield6.6%gross, before service charges

About Ascot Residence

Ascot Residence is a contemporary apartment building in Town Square, a master-planned community in the south of Dubai known for landscaped parks, walking and cycling paths, and a suburban, family-friendly feel. The wider community sits along Al Qudra Road (D63) with additional connectivity to Emirates Road (E611), offering straightforward access to other parts of the city. Residences in the building are primarily studios and 1 to 3-bedroom apartments with modern layouts, balconies and practical finishes suited to everyday living. Handovers and first listings have been emerging recently, reflecting the building’s new-build status within Town Square’s ongoing pipeline of apartment projects. Lifestyle is centred on Town Square’s extensive communal amenities. Residents of Ascot Residence have direct access to the community’s central park and a range of everyday conveniences, including supermarkets, pharmacies, clinics, cafés and casual dining. Recreational facilities across Town Square include pools and gyms in various buildings, sports courts, shaded play areas, skate and splash zones, and long jogging and cycling trails. Key leisure destinations such as Al Qudra Lake, Dubai Miracle Garden and Dubai Polo & Equestrian Club are within a reasonable drive. Commuting is road-led: Al Qudra Road links residents to established districts and retail such as Dubai Hills Mall, typically reached by car. Public transport is available via bus links in and around the community, but Town Square is generally more convenient for those with private vehicles, and metro access requires a longer transfer. Overall, Ascot Residence suits those seeking a newly built apartment in a green, community-focused setting, with everyday retail and outdoor facilities on the doorstep and straightforward highway access for citywide travel.

140 apartments over 5 floors: 8 studios of 318 sqft, 39 one-beds of 594 to 700 sqft, 68 two-beds of 870 to 1,223 sqft and 10 three-beds of 1,402 to 1,634 sqft.

5 apartments sold in the 12 months to March 2026, at a median of AED 1,515 per sqft. Most of the trading is in two-beds: 4 of the 5 sales, at AED 1,300,000 to 1,500,000. 4 rental contracts were registered over the same 12 months, at a typical AED 65,000 a year.

Developer
Nshama Properties
Completed
2024
Floors
5
Units
140
Unit types
Studio to 3-bed

Town Square, Dubai

Average prices in Ascot Residence

In Ascot Residence, typical sale prices over the last 12 months were around AED 890,000 for one-beds and AED 1,370,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Ascot Residence

1,4501,5001,550May 2026Nov 20262025-11-11: AED 1,515, 2-bed, 891 sqft2025-11-25: AED 1,447, 1-bed, 615 sqft2025-11-26: AED 1,433, 2-bed, 907 sqft2026-01-15: AED 1,549, 2-bed, 891 sqft2026-01-26: AED 1,649, 2-bed, 909 sqftTrend: AED 1,448 to AED 1,605

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Ascot Residence

  • Completed2-bed · 909 sqft 26 Jan 2026AED 1,500,0001,650 /sqft
  • Completed2-bed · 890 sqft 15 Jan 2026AED 1,380,0001,549 /sqft
  • Completed906 sqft 26 Nov 2025AED 1,300,0001,434 /sqft
  • Completed614 sqft 25 Nov 2025AED 890,0001,447 /sqft
  • Completed890 sqft 11 Nov 2025AED 1,350,0001,516 /sqft
  • Completed318 sqft 06 Nov 2025AED 638,8882,009 /sqft
  • Completed646 sqft 31 Oct 2025AED 835,0001,291 /sqft
  • Completed1,054 sqft 24 Oct 2025AED 1,638,8881,554 /sqft
  • Completed318 sqft 24 Sep 2025AED 545,0001,713 /sqft
  • Completed921 sqft 25 Aug 2025AED 1,365,0001,481 /sqft

Over the last 12 months, Ascot Residence has recorded 5 apartment sales. Typical homes sold for around AED 1.35M (about AED 1,515 per sqft) with a median size of 891 sqft; most were two-beds, from roughly AED 890K to AED 1.5M.

1–10 of 204

Units in Ascot Residence

140 units
  • Unit 1012-bed · 1,223 sqftSold AED 1M, Feb 2023
  • Unit 1022-bed · 953 sqftSold AED 941K, Mar 2023
  • Unit 1032-bed · 1,054 sqftSold AED 991K, Mar 2023
  • Unit 1041-bed · 594 sqftSold AED 641K, Mar 2023
  • Unit 1051-bed · 700 sqftSold AED 699K, Mar 2023
  • Unit 1061-bed · 616 sqftSold AED 656K, Feb 2023
  • Unit 1071-bed · 649 sqftSold AED 671K, Feb 2023
  • Unit 108922 sqftSold AED 1.37M, Aug 2025
  • Unit 1093-bed · 1,634 sqftSold AED 2.24M, Apr 2025
  • Unit 1102-bed · 907 sqftSold AED 861K, Feb 2023
1–10 of 140
Every unit in Ascot Residence, by number

By type: studios (8), one-beds (39), two-beds (68), three-beds (10).

Nearby in Town Square

All 41 →
BuildingSale /sqftYield
The DiplomatAED 1,5487.0%
The RegentAED 1,5306.7%
The HamiltonAED 1,311
The Holland GardensAED 1,4227.8%
The MayfairAED 1,316
1–5 of 40 · nearest first

Ascot Residence in numbers

  • Across 5 DLD sales in the 12 months to March 2026, the median price in Ascot Residence was AED 1,515 per sqft and the typical home sold for about AED 1.35M.
  • Completed in 2024 by Nshama Properties; 5 floors of studios to three-beds.
  • Two-beds of 870 to 1,223 sqft sold for AED 1,300,000 to 1,500,000 between November 2025 and January 2026, a median AED 1,532 per sqft.
  • An one-bed of 594 to 700 sqft rents for AED 63,308 to 70,000 a year on the 4 contracts registered in the last 12 months.
  • Gross rental yield 6.6%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 20 March 2026.

Questions

How much does a two-bed in Ascot Residence cost?

4 two-beds sold in the 12 months to March 2026, for AED 1,300,000 to 1,500,000; the median was AED 1,365,000, or AED 1,532 per sqft.

How much is an one-bed for rent in Ascot Residence?

About AED 65,000 a year: that is the median of the 4 contracts for one-beds registered with Ejari in the 12 months to March 2026, from AED 63,308 to 70,000.

What is the rental yield in Ascot Residence?

About 6.6% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Ascot Residence and when?

Nshama Properties; completed in 2024; 5 floors; 140 apartments.

How many apartments are there in Ascot Residence?

140, studios to three-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Town Square

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