1-bed · 649 sqftAscot Residence, Town Square · 1st floor · completed 2024

122, 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 122 · DLD and Ejari recordsUpdated 24 November 2025
Last soldAED 671K29 March 2023
Current rentAED 65K /yr24 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Ascot Residence

What is 122 worth today?

Last sold for AED 670,888 in 2023

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24 Nov 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
25 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
25 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
25 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
29 Mar 2023Sold by developerOff-plan
AED 670,888AED 1,033 per sqft

Source: Dubai Land Department. Updated 24 November 2025.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
1st of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 671K · March 2023

About 122, Ascot Residence

122 is a one-bedroom apartment of 649 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 29 March 2023 for AED 670,888, or AED 1,033 per sqft, in line with the AED 1,062 one-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 24 November 2025, is AED 65,000 a year: a gross yield of 9.7% on the 2023 price.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical one-bed in Ascot Residence
800K20232024202520262027Typical sale price by year: 2023 AED 665,888; 2024 AED 673,888; 2025 AED 835,000; 2026 AED 910,000Sold by developer, March 2023: AED 670,888 (AED 1,033 per sqft)

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

Rents
Unit 122, each contractTypical one-bed in Ascot Residence
60K70K202520262027Typical rent by year: 2025 AED 65,000; 2026 AED 65,000New contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, July 2025: AED 65,000 a yearNew contract, November 2025: AED 65,000 a year

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

1-beds in Ascot Residence, and where 122 sits

All 42 1-beds →

122 last sold in March 2023 at AED 1,033 per sqft, in line with what one-beds in Ascot Residence were fetching at the time (AED 1,062). Over the last 12 months one-beds sold for AED 780,000 to 1,009,888, around AED 1,447 per sqft, and rent for AED 60,000 to 92,400 a year. 122's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Sep 2026780,000
22 Sep 2026910,000
17 Mar 2026910,000
5 Mar 20261,009,888
5 1-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

122, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 29 March 2023 for AED 670,888, or AED 1,033 per sqft.
  • Rented since July 2025 on 4 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 9.7%.
  • One-beds in Ascot Residence sold for AED 780,000–1,009,888 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 24 November 2025.

Questions about 122, Ascot Residence

What did unit 122 last sell for?

AED 670,888 on 29 March 2023, sold by the developer: AED 1,033 per sqft for 649 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 65,000 a year on the contract signed on 24 November 2025. The previous contract, from July 2025, was AED 65,000; the unit has been rented since July 2025.

How big is unit 122?

649 sqft (60.3 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 122 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 780,000 to 1,009,888 in the last 12 months, around AED 1,447 per sqft.

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Mortgage on 122, Ascot Residence

Starts from the last sale price (AED 671K, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 670,888
Deposit, UAE resident (20%)
AED 134,178
Deposit, non-resident (40%)
AED 268,355
Monthly over 25 years at 3.7%
AED 2,745

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