Studio · 318 sqftAscot Residence, Town Square · 2nd floor · completed 2024

217, Ascot Residence

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

Unit 217 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 436K23 February 2023
Current rentAED 42K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Ascot Residence

What is 217 worth today?

Last sold for AED 435,888 in 2023

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10 Jun 2026RentedRenewal
AED 42,000/yr12 months · AED 132 per sqft
10 Jun 2025RentedNew contract
AED 42,000/yr12 months · AED 132 per sqft
23 Feb 2023Sold by developerOff-plan
AED 435,888AED 1,371 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
318 sqft
Floor
2nd of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 436K · February 2023

About 217, Ascot Residence

217 is a studio of 318 sqft on the 2nd floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 23 February 2023 for AED 435,888, or AED 1,371 per sqft.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 42,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Ascot Residence
500K2023202420252026Typical sale price by year: 2023 AED 433,388; 2025 AED 545,000Sold by developer, February 2023: AED 435,888 (AED 1,371 per sqft)

217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Ascot Residence
41K42K42K202520262027Typical rent by year: 2025 AED 42,000; 2026 AED 41,000New contract, June 2025: AED 42,000 a yearRenewal, June 2026: AED 42,000 a year

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

Studios in Ascot Residence, and where 217 sits

All 10 studios →

Over the last 12 months studios sold for AED 510,000 to 600,000, around AED 1,745 per sqft, and rent for AED 40,000 to 48,129 a year. 217's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026510,000
3 Apr 2026600,000
6 Nov 2025638,888
24 Sep 2025545,000
2 studio 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 2nd floor

All 140 units in Ascot Residence
Value
2012-bedAED 981K · Mar 2023
2022-bedAED 951K · Mar 2023
2032-bedAED 951K · Apr 2023
2041-bedAED 780K · Sep 2026
2052-bedAED 931K · Mar 2023
2061-bedAED 661K · Mar 2023
2071-bedAED 830K · Mar 2025
1–7 of 27

217, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 23 February 2023 for AED 435,888, or AED 1,371 per sqft.
  • Rented since June 2025 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 9.6%.
  • Studios in Ascot Residence sold for AED 510,000–600,000 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 June 2026.

Questions about 217, Ascot Residence

What did unit 217 last sell for?

AED 435,888 on 23 February 2023, sold by the developer: AED 1,371 per sqft for 318 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 42,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 42,000.

How big is unit 217?

318 sqft (29.5 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2024.

What is unit 217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ascot Residence sold for AED 510,000 to 600,000 in the last 12 months, around AED 1,745 per sqft.

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Mortgage on 217, Ascot Residence

Starts from the last sale price (AED 436K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,888
Deposit, UAE resident (20%)
AED 87,178
Deposit, non-resident (40%)
AED 174,355
Monthly over 25 years at 3.7%
AED 1,783

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