2-bed · 923 sqftAscot Residence, Town Square · 4th floor · completed 2024

408, Ascot Residence

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 17 March 2023
Last soldAED 951K17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Ascot Residence

What is 408 worth today?

Last sold for AED 950,888 in 2023

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17 Mar 2023Sold by developerOff-plan
AED 950,888AED 1,030 per sqft

Source: Dubai Land Department. Updated 17 March 2023.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
4th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 951K · March 2023

About 408, Ascot Residence

408 is a two-bedroom apartment of 923 sqft on the 4th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 17 March 2023 for AED 950,888, or AED 1,030 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, 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 950,888 (AED 1,030 per sqft)

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

2-beds in Ascot Residence, and where 408 sits

All 68 2-beds →

408 last sold in March 2023 at AED 1,030 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 4th floor

All 140 units in Ascot Residence
Value
4012-bedAED 1.2M · Mar 2025
4022-bedAED 971K · Feb 2023
4032-bedAED 1.1M · Oct 2024
4041-bedAED 651K · Feb 2023
405AED 1.25M · Mar 2025
4061-bedAED 850K · Mar 2025
4071-bedAED 693K · Jun 2024
1–7 of 27

408, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 17 March 2023 for AED 950,888, or AED 1,030 per sqft.
  • 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 17 March 2023.

Questions about 408, Ascot Residence

What did unit 408 last sell for?

AED 950,888 on 17 March 2023, sold by the developer: AED 1,030 per sqft for 923 sqft. It is the only registered sale of the unit.

How big is unit 408?

923 sqft (85.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2024.

What is unit 408 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 408, Ascot Residence

Starts from the last sale price (AED 951K, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,888
Deposit, UAE resident (20%)
AED 190,178
Deposit, non-resident (40%)
AED 380,355
Monthly over 25 years at 3.7%
AED 3,890

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