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2-bed · 923 sqftAscot Residence, Town Square · 3rd floor · completed 2024

308, Ascot Residence

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 February 2023
Last soldAED 928K24 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Ascot Residence

What is 308 worth today?

Last sold for AED 927,888 in 2023

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24 Feb 2023Sold by developerOff-plan
AED 927,888AED 1,005 per sqft

Source: Dubai Land Department. Updated 24 February 2023.

Key facts

Type
2-bed apartment
Size
923 sqft
Floor
3rd of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 928K · February 2023
Building
Ascot Residence

About 308, Ascot Residence

308 is a two-bedroom apartment of 923 sqft on the 3rd floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 24 February 2023 for AED 927,888, or AED 1,005 per sqft, in line with the AED 1,008 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, February 2023: AED 927,888 (AED 1,005 per sqft)

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

Rents
Unit 308, 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 308 sits

All 78 2-beds →

308 last sold in February 2023 at AED 1,005 per sqft, in line with 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.

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 3rd floor

All 140 units in Ascot Residence
Value
3012-bedAED 981K · Feb 2023
3022-bedAED 926K · Feb 2023
3032-bedAED 956K · Mar 2023
3041-bedAED 1.01M · Mar 2026
3052-bedAED 1.35M · Aug 2025
3061-bedAED 656K · Mar 2023
3071-bedAED 668K · Mar 2023
1–7 of 27

308, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 24 February 2023 for AED 927,888, or AED 1,005 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 24 February 2023.

Questions about 308, Ascot Residence

What did unit 308 last sell for?

AED 927,888 on 24 February 2023, sold by the developer: AED 1,005 per sqft for 923 sqft. It is the only registered sale of the unit.

How big is unit 308?

923 sqft (85.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2024.

What is unit 308 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 308, Ascot Residence

Starts from the last sale price (AED 928K, 24 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 927,888
Deposit, UAE resident (20%)
AED 185,578
Deposit, non-resident (40%)
AED 371,155
Monthly over 25 years at 3.7%
AED 3,796

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