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647 sqftAscot Residence, Town Square · 5th floor · completed 2024

507, Ascot Residence

Sold prices and rental history: sold twice, last in October 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 835K31 October 2025
Current rentAED 65K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Ascot Residence

What is 507 worth today?

Last sold for AED 835,000 in 2025

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12 Dec 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
31 Oct 2025SoldReady
AED 835,000AED 1,291 per sqft
14 Apr 2025RentedNew contract
AED 73,000/yr12 months · AED 113 per sqft
24 Feb 2023Sold by developerOff-plan
AED 677,888AED 1,044 per sqft

Source: Dubai Land Department. Updated 12 December 2025.

Key facts

Type
Apartment
Size
647 sqft
Floor
5th of 5
Parking
G-114
Developer
Nshama Properties
Completed
2024
Last sold
AED 835K · October 2025
Building
Ascot Residence

About 507, Ascot Residence

507 is an apartment of 647 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 31 October 2025 for AED 835,000, or AED 1,291 per sqft.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 12 December 2025, is AED 65,000 a year: a gross yield of 7.8% on the 2025 price.

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
5061-bedAED 674K · Dec 2024
5082-bedAED 1.28M · Mar 2025
1–7 of 27

507, Ascot Residence in numbers

  • Sold twice: first on 24 February 2023 for AED 677,888, last on 31 October 2025 for AED 835,000 (AED 1,291 per sqft).
  • Rented since April 2025 on 2 Ejari contracts, from AED 73,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 7.8%.

Source: Dubai Land Department. Updated 12 December 2025.

Questions about 507, Ascot Residence

What did unit 507 last sell for?

AED 835,000 on 31 October 2025: AED 1,291 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 677,888 in February 2023.

What is the rent for unit 507?

AED 65,000 a year on the contract signed on 12 December 2025. The previous contract, from April 2025, was AED 73,000.

How big is unit 507?

647 sqft (60.1 sqm): an apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 507, Ascot Residence

Starts from the last sale price (AED 835K, 31 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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