2-bed · 909 sqftAscot Residence, Town Square · 3rd floor · completed 2024

311, Ascot Residence

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 877K27 February 2023
Current rentAED 84K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Ascot Residence

What is 311 worth today?

Last sold for AED 876,888 in 2023

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27 Apr 2026RentedNew contract
AED 84,000/yr12 months · AED 93 per sqft
27 Feb 2023Sold by developerOff-plan
AED 876,888AED 964 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
3rd of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 877K · February 2023

About 311, Ascot Residence

311 is a two-bedroom apartment of 909 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 27 February 2023 for AED 876,888, or AED 964 per sqft, 5% below the AED 1,019 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 April 2026. The current contract, signed on 27 April 2026, is AED 84,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Ascot Residence
1M1.25M20232024202520262027Typical 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 876,888 (AED 964 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Ascot Residence
85K90K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, April 2026: AED 84,000 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 311 sits

All 78 2-beds →

311 last sold in February 2023 at AED 964 per sqft, 5% below what two-beds in Ascot Residence were fetching at the time (AED 1,019). 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. 311's AED 84,000 is at the bottom 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 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

311, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 27 February 2023 for AED 876,888, or AED 964 per sqft.
  • Rented since April 2026 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 9.6%.
  • 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 27 April 2026.

Questions about 311, Ascot Residence

What did unit 311 last sell for?

AED 876,888 on 27 February 2023, sold by the developer: AED 964 per sqft for 909 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 84,000 a year on the contract signed on 27 April 2026.

How big is unit 311?

909 sqft (84.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2024.

What is unit 311 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 311, Ascot Residence

Starts from the last sale price (AED 877K, 27 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 876,888
Deposit, UAE resident (20%)
AED 175,378
Deposit, non-resident (40%)
AED 350,755
Monthly over 25 years at 3.7%
AED 3,588

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