506, Ascot Residence
Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Ascot Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 616 sqft
- Floor
- 5th of 5
- Parking
- 1
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 674K · December 2024
- Building
- Ascot Residence
About 506, Ascot Residence
506 is a one-bedroom apartment of 616 sqft on the 5th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. The developer sold it on 13 December 2024 for AED 673,888, or AED 1,094 per sqft, in line with the AED 1,094 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 30 October 2026, is AED 84,000 a year: a gross yield of 12.5% on the 2024 price.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ascot Residence, and where 506 sits
All 42 1-beds →506 last sold in December 2024 at AED 1,094 per sqft, in line with what one-beds in Ascot Residence were fetching at the time (AED 1,094). Over the last 12 months one-beds sold for AED 780,000 to 1,009,888, around AED 1,447 per sqft, and rent for AED 60,000 to 92,400 a year. 506's AED 84,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 594 sqft | 780,000 | 1,314 | ||
| 22 Sep 202622 September 2026 | 647 sqft | 910,000 | 1,407 | ||
| 17 Mar 202617 March 2026 | 594 sqft | 910,000 | 1,533 | ||
| 5 Mar 20265 March 2026 | 594 sqft | 1,009,888 | 1,701 |
Ascot Residence
Building140 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%
Other units on the 5th floor
All 140 units in Ascot Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 956 sqft | AED 1.28MAED 1,280,000 · Mar 2025March 2025 | ||
| 502 | 2-bed | 953 sqft | AED 961KAED 960,888 · Mar 2023March 2023 | 87,000 /yr | |
| 503 | 2-bed | 909 sqft | AED 1.4MAED 1,400,000 · Jun 2025June 2025 | ||
| 504 | 1-bed | 594 sqft | AED 910KAED 910,000 · Mar 2026March 2026 | ||
| 505 | 2-bed | 872 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | ||
| 507 | 1-bed | 647 sqft | AED 835KAED 835,000 · Oct 2025October 2025 | 65,000 /yr | |
| 508 | 2-bed | 923 sqft | AED 1.28MAED 1,276,000 · Mar 2025March 2025 | 103,000 /yr | |
| 509 | 3-bed | 1,402 sqft | AED 1.26MAED 1,261,888 · Feb 2023February 2023 | 127,500 /yr | |
| 510 | 2-bed | 907 sqft | AED 1.37MAED 1,370,000 · Jul 2025July 2025 | ||
| 511 | 2-bed | 909 sqft | AED 901KAED 900,888 · Sep 2024September 2024 | ||
| 512 | Studio | 318 sqft | AED 435KAED 434,888 · Apr 2023April 2023 | ||
| 513 | 2-bed | 889 sqft | AED 988KAED 987,509 · Sep 2024September 2024 | 97,850 /yr | |
| 514 | 1-bed | 624 sqft | AED 677KAED 676,888 · Mar 2023March 2023 | ||
| 515 | 1-bed | 624 sqft | AED 677KAED 676,888 · Feb 2023February 2023 | ||
| 516 | 2-bed | 891 sqft | AED 1.38MAED 1,380,000 · Jan 2026January 2026 | 96,500 /yr | |
| 517 | Studio | 318 sqft | AED 600KAED 600,000 · Apr 2026April 2026 | ||
| 518 | 2-bed | 909 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | ||
| 519 | 2-bed | 907 sqft | AED 1.33MAED 1,325,000 · Jun 2025June 2025 | 117,500 /yr | |
| 520 | 3-bed | 1,402 sqft | AED 1.26MAED 1,261,888 · Feb 2023February 2023 | ||
| 521 | 2-bed | 923 sqft | AED 961KAED 960,888 · Mar 2023March 2023 | 85,000 /yr | |
| 522 | 1-bed | 649 sqft | AED 674KAED 673,888 · Feb 2023February 2023 | 75,000 /yr | |
| 523 | 1-bed | 616 sqft | AED 664KAED 663,888 · Feb 2023February 2023 | 65,000 /yr | |
| 524 | 2-bed | 871 sqft | AED 931KAED 930,888 · Mar 2023March 2023 | 95,000 /yr | |
| 525 | 1-bed | 594 sqft | AED 740KAED 740,000 · Mar 2025March 2025 | ||
| 526 | 2-bed | 909 sqft | AED 1.5MAED 1,500,000 · Jan 2026January 2026 | 115,000 /yr | |
| 527 | 2-bed | 951 sqft | AED 1.4MAED 1,400,000 · May 2025May 2025 | ||
| 528 | 2-bed | 956 sqft | AED 971KAED 970,888 · Sep 2024September 2024 |
506, Ascot Residence in numbers
- Sold twice: first on 13 December 2024 for AED 673,888, last on 13 December 2024 for AED 673,888 (AED 1,094 per sqft).
- Rented since December 2025 on 2 Ejari contracts, from AED 92,400 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2024 price is 12.5%.
- One-beds in Ascot Residence sold for AED 780,000–1,009,888 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 30 October 2026.
Questions about 506, Ascot Residence
What did unit 506 last sell for?
AED 673,888 on 13 December 2024, sold by the developer: AED 1,094 per sqft for 616 sqft. The unit has 2 registered sales; the first was AED 673,888 in December 2024.
What is the rent for unit 506?
AED 84,000 a year on the contract signed on 30 October 2026. The previous contract, from December 2025, was AED 92,400.
How big is unit 506?
616 sqft (57.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ascot Residence sold for AED 780,000 to 1,009,888 in the last 12 months, around AED 1,447 per sqft.
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Mortgage on 506, Ascot Residence
Starts from the last sale price (AED 674K, 13 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 673,888
- Deposit, UAE resident (20%)
- AED 134,778
- Deposit, non-resident (40%)
- AED 269,555
- Monthly over 25 years at 3.7%
- AED 2,757
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →