2-bed · 953 sqftAscot Residence, Town Square · 4th floor · completed 2024

402, Ascot Residence

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

Unit 402 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 971K21 February 2023
Current rentAED 115K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Ascot Residence

What is 402 worth today?

Last sold for AED 970,888 in 2023

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1 Aug 2026RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
21 Feb 2023Sold by developerOff-plan
AED 970,888AED 1,018 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
953 sqft
Floor
4th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 971K · February 2023

About 402, Ascot Residence

402 is a two-bedroom apartment of 953 sqft on the 4th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 21 February 2023 for AED 970,888, or AED 1,018 per sqft, in line with the AED 1,002 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 115,000 a year: a gross yield of 11.8% on the 2023 price.

Sales and rents for 402 over time

Sales
Unit 402, 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 970,888 (AED 1,018 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Ascot Residence
100K110K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, August 2026: AED 115,000 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 402 sits

All 78 2-beds →

402 last sold in February 2023 at AED 1,018 per sqft, in line with what two-beds in Ascot Residence were fetching at the time (AED 1,002). 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. 402's AED 115,000 is in the upper half 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 4th floor

All 140 units in Ascot Residence
Value
4012-bedAED 1.2M · Mar 2025
4032-bedAED 1.1M · Oct 2024
4041-bedAED 651K · Feb 2023
4052-bedAED 1.25M · Mar 2025
4061-bedAED 850K · Mar 2025
4071-bedAED 693K · Jun 2024
4082-bedAED 1.25M · Mar 2026
1–7 of 27

402, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 21 February 2023 for AED 970,888, or AED 1,018 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 11.8%.
  • 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 1 August 2026.

Questions about 402, Ascot Residence

What did unit 402 last sell for?

AED 970,888 on 21 February 2023, sold by the developer: AED 1,018 per sqft for 953 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 115,000 a year on the contract signed on 1 August 2026.

How big is unit 402?

953 sqft (88.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2024.

What is unit 402 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 402, Ascot Residence

Starts from the last sale price (AED 971K, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 970,888
Deposit, UAE resident (20%)
AED 194,178
Deposit, non-resident (40%)
AED 388,355
Monthly over 25 years at 3.7%
AED 3,972

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