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2-bed · 909 sqftAscot Residence, Town Square · 1st floor · completed 2024

118, Ascot Residence

Sold prices and rental history: sold twice, last in March 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 1.2M20 March 2025
Current rentAED 90K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Ascot Residence

What is 118 worth today?

Last sold for AED 1,200,000 in 2025

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25 Oct 2026RentedNew contract
AED 89,759/yr12 months · AED 99 per sqft
20 Mar 2025SoldReady
AED 1,200,000AED 1,320 per sqft
28 Feb 2023Sold by developerOff-plan
AED 880,888AED 969 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
1st of 5
Parking
G-85
Developer
Nshama Properties
Completed
2024
Last sold
AED 1.2M · March 2025
Building
Ascot Residence

About 118, Ascot Residence

118 is a two-bedroom apartment of 909 sqft on the 1st floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 20 March 2025 for AED 1,200,000, or AED 1,320 per sqft, 9% above the AED 1,210 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2026. The current contract, signed on 25 October 2026, is AED 89,759 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Ascot Residence
1M1.25M20232024202520262027Typical sale price by year: 2023 AED 945,888; 2024 AED 938,388; 2025 AED 1,282,500; 2026 AED 1,340,000Sold by developer, February 2023: AED 880,888 (AED 969 per sqft)Sold, March 2025: AED 1,200,000 (AED 1,320 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Ascot Residence
90K93K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, October 2026: AED 89,759 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ascot Residence, and where 118 sits

All 78 2-beds →

118 last sold in March 2025 at AED 1,320 per sqft, 9% above what two-beds in Ascot Residence were fetching at the time (AED 1,210). Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,477 per sqft, and rent for AED 84,000 to 135,000 a year. 118's AED 89,759 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Oct 20261,350,000
30 Jul 20261,340,000
14 Jul 20261,300,000
18 May 20261,200,000
11 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. 19 sold in the last 12 months.

Typical price per sqft
AED 1,477 Up 6.3%
Typical sale
AED 1.25M
Typical rent
AED 90K /yr
Typical yield
6.9%
Ascot Residence, Town Square: prices, sales and rents →

Other units on the 1st floor

All 140 units in Ascot Residence
Value
1012-bedAED 1M · Feb 2023
1022-bedAED 941K · Mar 2023
1032-bedAED 991K · Mar 2023
1041-bedAED 641K · Mar 2023
1051-bedAED 699K · Mar 2023
1061-bedAED 656K · Feb 2023
1071-bedAED 671K · Feb 2023
1–7 of 27

118, Ascot Residence in numbers

  • Sold twice: first on 28 February 2023 for AED 880,888, last on 20 March 2025 for AED 1,200,000 (AED 1,320 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 89,759 a year.
  • At AED 89,759 a year the gross yield on the 2025 price is 7.5%.
  • Two-beds in Ascot Residence sold for AED 1,200,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,477 per sqft.

Source: Dubai Land Department. Updated 25 October 2026.

Questions about 118, Ascot Residence

What did unit 118 last sell for?

AED 1,200,000 on 20 March 2025: AED 1,320 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 880,888 in February 2023.

What is the rent for unit 118?

AED 89,759 a year on the contract signed on 25 October 2026.

How big is unit 118?

909 sqft (84.4 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 118 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 1,200,000 to 1,500,000 in the last 12 months, around AED 1,477 per sqft.

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Mortgage on 118, Ascot Residence

Starts from the last sale price (AED 1.2M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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