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2-bed · 1,223 sqftAscot Residence, Town Square · 1st floor · completed 2024

128, 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 128 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 1M8 March 2023
Current rentAED 95K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 128, Ascot Residence

What is 128 worth today?

Last sold for AED 1,000,888 in 2023

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31 Jul 2026RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
31 Jul 2025RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
10 Mar 2025RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
10 Mar 2025RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
8 Mar 2023Sold by developerOff-plan
AED 1,000,888AED 818 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
2-bed apartment
Size
1,223 sqft
Floor
1st of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 1M · March 2023
Building
Ascot Residence

About 128, Ascot Residence

128 is a two-bedroom apartment of 1,223 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 8 March 2023 for AED 1,000,888, or AED 818 per sqft, 19% below the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 31 July 2026, is AED 95,000 a year: a gross yield of 9.5% on the 2023 price.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical two-bed in Ascot Residence
1M1.2M1.4M20232024202520262027Typical 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 1,000,888 (AED 818 per sqft)

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

Rents
Unit 128, each contractTypical two-bed in Ascot Residence
100K110K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, March 2025: AED 110,000 a yearNew contract, March 2025: AED 110,000 a yearNew contract, July 2025: AED 100,000 a yearRenewal, July 2026: AED 95,000 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 128 sits

All 78 2-beds →

128 last sold in March 2023 at AED 818 per sqft, 19% below what two-beds in Ascot Residence were fetching at the time (AED 1,011). 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. 128's AED 95,000 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

128, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 8 March 2023 for AED 1,000,888, or AED 818 per sqft.
  • Rented since March 2025 on 4 Ejari contracts, from AED 110,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 9.5%.
  • 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 31 July 2026.

Questions about 128, Ascot Residence

What did unit 128 last sell for?

AED 1,000,888 on 8 March 2023, sold by the developer: AED 818 per sqft for 1,223 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 95,000 a year on the contract renewed on 31 July 2026. The previous contract, from July 2025, was AED 100,000; the unit has been rented since March 2025.

How big is unit 128?

1,223 sqft (113.6 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2024.

What is unit 128 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 128, Ascot Residence

Starts from the last sale price (AED 1M, 8 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,888
Deposit, UAE resident (20%)
AED 200,178
Deposit, non-resident (40%)
AED 400,355
Monthly over 25 years at 3.7%
AED 4,095

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