2-bed · 1,223 sqftAscot Residence, Town Square · 1st floor · completed 2024

128, Ascot Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1M8 March 2023
Current rentAED 110K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 128, Ascot Residence

What is 128 worth today?

Last sold for AED 1,000,888 in 2023

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10 Mar 2025RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
8 Mar 2023Sold by developerOff-plan
AED 1,000,888AED 818 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,223 sqft
Floor
1st of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 1M · March 2023

About 128, Ascot Residence

128 is a two-bedroom apartment of 1,223 sqft on the 1st floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 8 March 2023 for AED 1,000,888, or AED 818 per sqft, 19% below the AED 1,005 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2025. The current contract, signed on 10 March 2025, is AED 110,000 a year: a gross yield of 11.0% on the 2023 price.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical two-bed in Ascot Residence
1M1.2M2023202420252026Typical sale price by year: 2023 AED 947,388; 2024 AED 953,388; 2025 AED 1,270,000Sold by developer, March 2023: AED 1,000,888 (AED 818 per sqft)

128 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Ascot Residence, and where 128 sits

All 68 2-beds →

128 last sold in March 2023 at AED 818 per sqft, 19% below what two-beds in Ascot Residence were fetching at the time (AED 1,005). Over the last 12 months two-beds sold for AED 1,300,000 to 1,500,000, around AED 1,532 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jan 20261,500,000
15 Jan 20261,380,000
24 Jul 20251,370,000
1 Jul 20251,000,000
4 2-bed sales in the last 12 months

Ascot Residence

Building

140 apartments, studios to 3-bed over 5 floors in Town Square, completed in 2024 by Nshama Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,515
Typical sale
AED 1.35M
Typical rent
AED 65K /yr
Typical yield
6.6%
Ascot Residence, Town Square: prices, sales and rents →

Other units on the 1st floor

All 140 units in Ascot Residence
Value
1012-bedAED 1M · Feb 2023
1022-bedAED 941K · Mar 2023
1032-bedAED 991K · Mar 2023
1041-bedAED 641K · Mar 2023
1051-bedAED 699K · Mar 2023
1061-bedAED 656K · Feb 2023
1071-bedAED 671K · Feb 2023
1–7 of 27

128, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 8 March 2023 for AED 1,000,888, or AED 818 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.0%.
  • Two-beds in Ascot Residence sold for AED 1,300,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,515 per sqft.

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 128, Ascot Residence

What did unit 128 last sell for?

AED 1,000,888 on 8 March 2023, sold by the developer: AED 818 per sqft for 1,223 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 110,000 a year on the contract signed on 10 March 2025.

How big is unit 128?

1,223 sqft (113.6 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 128 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ascot Residence sold for AED 1,300,000 to 1,500,000 in the last 12 months, around AED 1,532 per sqft.

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Mortgage on 128, Ascot Residence

Starts from the last sale price (AED 1M, 8 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,888
Deposit, UAE resident (20%)
AED 200,178
Deposit, non-resident (40%)
AED 400,355
Monthly over 25 years at 3.7%
AED 4,095

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →