2-bed · 923 sqftAscot Residence, Town Square · 2nd floor · completed 2024

221, Ascot Residence

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

Unit 221 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 941K31 March 2023
Current rentAED 90K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Ascot Residence

What is 221 worth today?

Last sold for AED 940,888 in 2023

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5 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
31 Mar 2023Sold by developerOff-plan
AED 940,888AED 1,019 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
2nd of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 941K · March 2023

About 221, Ascot Residence

221 is a two-bedroom apartment of 923 sqft on the 2nd floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 31 March 2023 for AED 940,888, or AED 1,019 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2025. The current contract, signed on 5 April 2025, is AED 90,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 221 over time

Sales
Unit 221, 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 940,888 (AED 1,019 per sqft)

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

2-beds in Ascot Residence, and where 221 sits

All 68 2-beds →

221 last sold in March 2023 at AED 1,019 per sqft, in line with what two-beds in Ascot Residence were fetching at the time (AED 1,008). 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 2nd floor

All 140 units in Ascot Residence
Value
2012-bedAED 981K · Mar 2023
2022-bedAED 951K · Mar 2023
2032-bedAED 951K · Apr 2023
2041-bedAED 626K · Feb 2023
2052-bedAED 931K · Mar 2023
2061-bedAED 661K · Mar 2023
2071-bedAED 830K · Mar 2025
1–7 of 27

221, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 31 March 2023 for AED 940,888, or AED 1,019 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.6%.
  • 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 5 April 2025.

Questions about 221, Ascot Residence

What did unit 221 last sell for?

AED 940,888 on 31 March 2023, sold by the developer: AED 1,019 per sqft for 923 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 90,000 a year on the contract signed on 5 April 2025.

How big is unit 221?

923 sqft (85.7 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2024.

What is unit 221 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 221, Ascot Residence

Starts from the last sale price (AED 941K, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 940,888
Deposit, UAE resident (20%)
AED 188,178
Deposit, non-resident (40%)
AED 376,355
Monthly over 25 years at 3.7%
AED 3,849

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