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2-bed · 907 sqftAscot Residence, Town Square · 1st floor · completed 2024

119, Ascot Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 881K28 March 2023
Current rentAED 90K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Ascot Residence

What is 119 worth today?

Last sold for AED 880,888 in 2023

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10 Apr 2026RentedNew contract
AED 90,000/yr12 months · AED 99 per sqft
10 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft
10 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft
10 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
28 Mar 2023Sold by developerOff-plan
AED 880,888AED 971 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
2-bed apartment
Size
907 sqft
Floor
1st of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 881K · March 2023
Building
Ascot Residence

About 119, Ascot Residence

119 is a two-bedroom apartment of 907 sqft on the 1st floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 28 March 2023 for AED 880,888, or AED 971 per sqft, 4% below the AED 1,008 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 10 April 2026, is AED 90,000 a year: a gross yield of 10.2% on the 2023 price.

Sales and rents for 119 over time

Sales
Unit 119, 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, March 2023: AED 880,888 (AED 971 per sqft)

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

Rents
Unit 119, each contractTypical two-bed in Ascot Residence
90K93K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, April 2025: AED 90,000 a yearNew contract, April 2026: AED 90,000 a yearRenewal, April 2026: AED 90,000 a yearRenewal, April 2026: AED 90,000 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 119 sits

All 78 2-beds →

119 last sold in March 2023 at AED 971 per sqft, 4% below what two-beds in Ascot Residence were fetching at the time (AED 1,008). Over the last 12 months two-beds sold for AED 1,200,000 to 1,500,000, around AED 1,477 per sqft, and rent for AED 84,000 to 135,000 a year. 119's AED 90,000 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

119, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 28 March 2023 for AED 880,888, or AED 971 per sqft.
  • Rented since April 2025 on 4 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 10.2%.
  • 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 10 April 2026.

Questions about 119, Ascot Residence

What did unit 119 last sell for?

AED 880,888 on 28 March 2023, sold by the developer: AED 971 per sqft for 907 sqft. It is the only registered sale of the unit.

What is the rent for unit 119?

AED 90,000 a year on the contract signed on 10 April 2026. The previous contract, from April 2026, was AED 90,000; the unit has been rented since April 2025.

How big is unit 119?

907 sqft (84.3 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 119 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 119, Ascot Residence

Starts from the last sale price (AED 881K, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 880,888
Deposit, UAE resident (20%)
AED 176,178
Deposit, non-resident (40%)
AED 352,355
Monthly over 25 years at 3.7%
AED 3,604

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