BuildingTown Square · Nshama Properties · 2024

Ascot Residence

Studios to three-beds in Town Square. 19 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 31 October 2026
Typical price per sqftAED 1,477Up 6.3% on the year
Typical saleAED 1.25M19 sales
Typical rentAED 90K /yrAED 101 per sqft
Typical yield6.9%gross, before service charges

About Ascot Residence

Ascot Residence is a contemporary apartment building in Town Square, a master-planned community in the south of Dubai known for landscaped parks, walking and cycling paths, and a suburban, family-friendly feel. The wider community sits along Al Qudra Road (D63) with additional connectivity to Emirates Road (E611), offering straightforward access to other parts of the city. Residences in the building are primarily studios and 1 to 3-bedroom apartments with modern layouts, balconies and practical finishes suited to everyday living. Handovers and first listings have been emerging recently, reflecting the building’s new-build status within Town Square’s ongoing pipeline of apartment projects. Lifestyle is centred on Town Square’s extensive communal amenities. Residents of Ascot Residence have direct access to the community’s central park and a range of everyday conveniences, including supermarkets, pharmacies, clinics, cafés and casual dining. Recreational facilities across Town Square include pools and gyms in various buildings, sports courts, shaded play areas, skate and splash zones, and long jogging and cycling trails. Key leisure destinations such as Al Qudra Lake, Dubai Miracle Garden and Dubai Polo & Equestrian Club are within a reasonable drive. Commuting is road-led: Al Qudra Road links residents to established districts and retail such as Dubai Hills Mall, typically reached by car. Public transport is available via bus links in and around the community, but Town Square is generally more convenient for those with private vehicles, and metro access requires a longer transfer. Overall, Ascot Residence suits those seeking a newly built apartment in a green, community-focused setting, with everyday retail and outdoor facilities on the doorstep and straightforward highway access for citywide travel.

140 apartments over 5 floors: 10 studios of 318 sqft, 42 one-beds of 594 to 700 sqft, 78 two-beds of 870 to 1,223 sqft and 10 three-beds of 1,402 to 1,634 sqft.

19 apartments sold in the 12 months to October 2026, at a median of AED 1,477 per sqft, up 6.3% on the year before. Most of the trading is in two-beds: 11 of the 19 sales, at AED 1,200,000 to 1,500,000. 76 rental contracts were registered over the same 12 months, at a typical AED 90,000 a year.

Developer
Nshama Properties
Completed
2024
Floors
5
Units
140
Unit types
Studio to 3-bed

Town Square, Dubai

Average prices in Ascot Residence

In Ascot Residence, typical sale prices over the last 12 months were around AED 555,000 for studios, AED 910,000 for one-beds, AED 1,340,000 for two-beds and AED 2,000,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Ascot Residence

1,4001,600May 2026Nov 20262025-11-11: AED 1,515, 2-bed, 891 sqft2025-11-25: AED 1,447, 1-bed, 615 sqft2025-11-26: AED 1,433, 2-bed, 907 sqft2026-01-15: AED 1,549, 2-bed, 891 sqft2026-01-26: AED 1,649, 2-bed, 909 sqft2026-02-19: AED 1,378, 2-bed, 907 sqft2026-03-05: AED 1,701, 1-bed, 594 sqft2026-03-17: AED 1,533, 1-bed, 594 sqft2026-03-24: AED 1,354, 2-bed, 923 sqft2026-04-03: AED 1,886, Studio, 318 sqft2026-05-06: AED 1,425, 3-bed, 1,403 sqft2026-05-08: AED 1,549, 2-bed, 891 sqft2026-05-18: AED 1,300, 2-bed, 923 sqft2026-05-21: AED 1,603, Studio, 318 sqft2026-07-14: AED 1,359, 2-bed, 956 sqft2026-07-30: AED 1,477, 2-bed, 907 sqft2026-09-22: AED 1,407, 1-bed, 647 sqft2026-09-28: AED 1,314, 1-bed, 594 sqft2026-10-17: AED 1,484, 2-bed, 909 sqftTrend: AED 1,552 to AED 1,425

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Ascot Residence

  • Completed2-bed · 909 sqft 17 Oct 2026AED 1,350,0001,485 /sqft
  • Completed1-bed · 593 sqft 28 Sep 2026AED 780,0001,314 /sqft
  • Completed1-bed · 646 sqft 22 Sep 2026AED 910,0001,407 /sqft
  • Completed2-bed · 906 sqft 30 Jul 2026AED 1,340,0001,478 /sqft
  • Completed2-bed · 956 sqft 14 Jul 2026AED 1,300,0001,360 /sqft
  • CompletedStudio · 318 sqft 21 May 2026AED 510,0001,603 /sqft
  • Completed2-bed · 922 sqft 18 May 2026AED 1,200,0001,301 /sqft
  • Completed2-bed · 890 sqft 08 May 2026AED 1,380,0001,549 /sqft
  • Completed3-bed · 1,402 sqft 06 May 2026AED 2,000,0001,426 /sqft
  • CompletedStudio · 318 sqft 03 Apr 2026AED 600,0001,886 /sqft

Over the last 12 months, Ascot Residence has recorded 19 apartment sales. Typical homes sold for around AED 1.25M (about AED 1,477 per sqft) with a median size of 891 sqft; most were two-beds, from roughly AED 510K to AED 2M.

1–10 of 218

Units in Ascot Residence

140 units
  • Unit 1012-bed · 1,223 sqftSold AED 1M, Feb 2023
  • Unit 1022-bed · 953 sqftSold AED 941K, Mar 2023
  • Unit 1032-bed · 1,054 sqftSold AED 991K, Mar 2023
  • Unit 1041-bed · 594 sqftSold AED 641K, Mar 2023
  • Unit 1051-bed · 700 sqftSold AED 699K, Mar 2023
  • Unit 1061-bed · 616 sqftSold AED 656K, Feb 2023
  • Unit 1071-bed · 649 sqftSold AED 671K, Feb 2023
  • Unit 1082-bed · 922 sqftSold AED 1.37M, Aug 2025
  • Unit 1093-bed · 1,634 sqftSold AED 2.24M, Apr 2025
  • Unit 1102-bed · 907 sqftSold AED 861K, Feb 2023
1–10 of 140
Every unit in Ascot Residence, by number

By type: studios (10), one-beds (42), two-beds (78), three-beds (10).

Nearby in Town Square

All 47 →
BuildingSale /sqftYield
The DiplomatAED 1,4916.9%
The RegentAED 1,4967.2%
The HamiltonAED 1,3687.2%
The Holland GardensAED 1,4217.6%
The MayfairAED 1,3227.4%
1–5 of 46 · nearest first

Ascot Residence in numbers

  • Across 19 DLD sales in the 12 months to October 2026, the median price in Ascot Residence was AED 1,477 per sqft and the typical home sold for about AED 1.25M.
  • Completed in 2024 by Nshama Properties; 5 floors of studios to three-beds.
  • Two-beds of 870 to 1,223 sqft sold for AED 1,200,000 to 1,500,000 between November 2025 and October 2026, a median AED 1,477 per sqft.
  • A two-bed of 870 to 1,223 sqft rents for AED 84,000 to 135,000 a year on the 42 contracts registered in the last 12 months.
  • Gross rental yield 6.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 31 October 2026.

Questions

How much does a two-bed in Ascot Residence cost?

11 two-beds sold in the 12 months to October 2026, for AED 1,200,000 to 1,500,000; the median was AED 1,340,000, or AED 1,477 per sqft.

How much is a two-bed for rent in Ascot Residence?

About AED 95,000 a year: that is the median of the 42 contracts for two-beds registered with Ejari in the 12 months to October 2026, from AED 84,000 to 135,000.

What is the rental yield in Ascot Residence?

About 6.9% gross across the building, from about 7.0% for one-beds to 6.8% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Ascot Residence gone up?

The median price per sqft rose from about AED 1,389 to AED 1,477 over the 12 months to October 2026, up 6.3%, on 19 sales against 50 the year before.

Who built Ascot Residence and when?

Nshama Properties; completed in 2024; 5 floors; 140 apartments.

How many apartments are there in Ascot Residence?

140, studios to three-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Town Square

No Town Square property is on the board today. Follow Town Square to hear the day one is listed, or see what is for sale across Dubai with every offer public.