1-bed · 616 sqftAscot Residence, Town Square · 5th floor · completed 2024

506, Ascot Residence

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 674K13 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Ascot Residence

What is 506 worth today?

Last sold for AED 673,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Dec 2024SoldOff-plan
AED 673,888AED 1,094 per sqft
27 Feb 2023Sold by developerOff-plan
AED 673,888AED 1,094 per sqft

Source: Dubai Land Department. Updated 13 December 2024.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
5th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 674K · December 2024

About 506, Ascot Residence

506 is a one-bedroom apartment of 616 sqft on the 5th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 13 December 2024 for AED 673,888, or AED 1,094 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Ascot Residence
700K800K2023202420252026Typical sale price by year: 2023 AED 665,888; 2025 AED 850,000Sold by developer, February 2023: AED 673,888 (AED 1,094 per sqft)Sold, December 2024: AED 673,888 (AED 1,094 per sqft)

506 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Ascot Residence, and where 506 sits

All 39 1-beds →

Over the last 12 months one-beds sold for AED 890,000, around AED 1,447 per sqft, and rent for AED 63,308 to 70,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Apr 2025800,000
25 Apr 2025850,000
24 Apr 2025900,000
24 Apr 2025850,000
1 1-bed sale 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 5th floor

All 140 units in Ascot Residence
Value
5012-bedAED 1.28M · Mar 2025
5022-bedAED 961K · Mar 2023
5032-bedAED 1.4M · Jun 2025
5041-bedAED 641K · Feb 2023
5052-bedAED 1.25M · Mar 2025
507AED 835K · Oct 2025
5082-bedAED 1.28M · Mar 2025
1–7 of 27

506, Ascot Residence in numbers

  • Sold twice: first on 27 February 2023 for AED 673,888, last on 13 December 2024 for AED 673,888 (AED 1,094 per sqft).
  • One-beds in Ascot Residence sold for AED 890,000–890,000 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 13 December 2024.

Questions about 506, Ascot Residence

What did unit 506 last sell for?

AED 673,888 on 13 December 2024: AED 1,094 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 673,888 in February 2023.

How big is unit 506?

616 sqft (57.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ascot Residence sold for AED 890,000 to 890,000 in the last 12 months, around AED 1,447 per sqft.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Ascot Residence

Starts from the last sale price (AED 674K, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 673,888
Deposit, UAE resident (20%)
AED 134,778
Deposit, non-resident (40%)
AED 269,555
Monthly over 25 years at 3.7%
AED 2,757

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