Studio · 318 sqftAscot Residence, Town Square · 3rd floor · completed 2024

312, Ascot Residence

Sold prices and rental history: sold 3 times, last in March 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 530K17 March 2025
Current rentAED 46K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Ascot Residence

What is 312 worth today?

Last sold for AED 530,000 in 2025

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16 Apr 2026RentedRenewal
AED 46,000/yr12 months · AED 147 per sqft
16 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 139 per sqft
17 Mar 2025SoldReady
AED 530,000AED 1,666 per sqft
7 May 2024SoldOff-plan
AED 395,000AED 1,242 per sqft
1 Mar 2023Sold by developerOff-plan
AED 427,888AED 1,346 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
Studio apartment
Size
318 sqft
Floor
3rd of 5
Parking
G-108
Developer
Nshama Properties
Completed
2024
Last sold
AED 530K · March 2025

About 312, Ascot Residence

312 is a studio of 318 sqft on the 3rd 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 530,000, or AED 1,666 per sqft, 5% above the AED 1,580 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 16 April 2026, is AED 46,000 a year: a gross yield of 8.7% on the 2025 price.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical studio in Ascot Residence
400K500K2023202420252026Typical sale price by year: 2023 AED 433,388; 2025 AED 545,000Sold by developer, March 2023: AED 427,888 (AED 1,346 per sqft)Sold, May 2024: AED 395,000 (AED 1,242 per sqft)Sold, March 2025: AED 530,000 (AED 1,666 per sqft)

312 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 312, each contractTypical studio in Ascot Residence
43K45K202520262027Typical rent by year: 2025 AED 42,000; 2026 AED 41,000New contract, April 2025: AED 45,000 a yearRenewal, April 2026: AED 46,000 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 312 sits

All 10 studios →

312 last sold in March 2025 at AED 1,666 per sqft, 5% above what studios in Ascot Residence were fetching at the time (AED 1,580). 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. 312's AED 46,000 is in the upper 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 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

312, Ascot Residence in numbers

  • Sold 3 times: first on 1 March 2023 for AED 427,888, last on 17 March 2025 for AED 530,000 (AED 1,666 per sqft).
  • Rented since April 2025 on 2 Ejari contracts, from AED 45,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2025 price is 8.7%.
  • 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 16 April 2026.

Questions about 312, Ascot Residence

What did unit 312 last sell for?

AED 530,000 on 17 March 2025: AED 1,666 per sqft for 318 sqft. The unit has 3 registered sales; the first was AED 427,888 in March 2023.

What is the rent for unit 312?

AED 46,000 a year on the contract renewed on 16 April 2026. The previous contract, from April 2025, was AED 45,000.

How big is unit 312?

318 sqft (29.5 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2024.

What is unit 312 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 312, Ascot Residence

Starts from the last sale price (AED 530K, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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