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2-bed · 956 sqftAscot Residence, Town Square · 2nd floor · completed 2024

228, Ascot Residence

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 1.35M17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Ascot Residence

What is 228 worth today?

Last sold for AED 1,350,000 in 2025

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17 Mar 2025SoldReady
AED 1,350,000AED 1,411 per sqft
8 Mar 2023Sold by developerOff-plan
AED 960,888AED 1,005 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
2-bed apartment
Size
956 sqft
Floor
2nd of 5
Parking
G-39
Developer
Nshama Properties
Completed
2024
Last sold
AED 1.35M · March 2025
Building
Ascot Residence

About 228, Ascot Residence

228 is a two-bedroom apartment of 956 sqft on the 2nd floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 17 March 2025 for AED 1,350,000, or AED 1,411 per sqft, 17% above the AED 1,210 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 228 over time

Sales
Unit 228, 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 960,888 (AED 1,005 per sqft)Sold, March 2025: AED 1,350,000 (AED 1,411 per sqft)

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

Rents
Unit 228, each contractTypical two-bed in Ascot Residence
95K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200

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 228 sits

All 78 2-beds →

228 last sold in March 2025 at AED 1,411 per sqft, 17% 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.

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 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

228, Ascot Residence in numbers

  • Sold twice: first on 8 March 2023 for AED 960,888, last on 17 March 2025 for AED 1,350,000 (AED 1,411 per sqft).
  • 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 17 March 2025.

Questions about 228, Ascot Residence

What did unit 228 last sell for?

AED 1,350,000 on 17 March 2025: AED 1,411 per sqft for 956 sqft. The unit has 2 registered sales; the first was AED 960,888 in March 2023.

How big is unit 228?

956 sqft (88.8 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2024.

What is unit 228 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 228, Ascot Residence

Starts from the last sale price (AED 1.35M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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