508, Ascot Residence
Sold prices and rental history: sold twice, last in March 2025, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Ascot Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 923 sqft
- Floor
- 5th of 5
- Parking
- G-62
- Developer
- Nshama Properties
- Completed
- 2024
- Last sold
- AED 1.28M · March 2025
- Building
- Ascot Residence
About 508, Ascot Residence
508 is a two-bedroom apartment of 923 sqft on the 5th floor of Ascot Residence, a 5-storey tower in Town Square completed in 2024 by Nshama Properties. It last sold on 8 March 2025 for AED 1,276,000, or AED 1,382 per sqft, 19% above the AED 1,160 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 November 2025. The current contract, signed on 15 November 2025, is AED 103,000 a year: a gross yield of 8.1% on the 2025 price.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 78 2-beds →508 last sold in March 2025 at AED 1,382 per sqft, 19% above what two-beds in Ascot Residence were fetching at the time (AED 1,160). 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. 508's AED 103,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202617 October 2026 | 909 sqft | 1,350,000 | 1,484 | ||
| 30 Jul 202630 July 2026 | 907 sqft | 1,340,000 | 1,477 | ||
| 14 Jul 202614 July 2026 | 956 sqft | 1,300,000 | 1,359 | ||
| 18 May 202618 May 2026 | 923 sqft | 1,200,000 | 1,300 |
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 | ||
| 506 | 1-bed | 616 sqft | AED 674KAED 673,888 · Dec 2024December 2024 | 84,000 /yr | |
| 507 | 1-bed | 647 sqft | AED 835KAED 835,000 · Oct 2025October 2025 | 65,000 /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 |
508, Ascot Residence in numbers
- Sold twice: first on 15 March 2023 for AED 945,888, last on 8 March 2025 for AED 1,276,000 (AED 1,382 per sqft).
- Rented since November 2025 on one Ejari contract, at AED 103,000 a year.
- At AED 103,000 a year the gross yield on the 2025 price is 8.1%.
- 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 15 November 2025.
Questions about 508, Ascot Residence
What did unit 508 last sell for?
AED 1,276,000 on 8 March 2025: AED 1,382 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 945,888 in March 2023.
What is the rent for unit 508?
AED 103,000 a year on the contract signed on 15 November 2025.
How big is unit 508?
923 sqft (85.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.
What is unit 508 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 508, Ascot Residence
Starts from the last sale price (AED 1.28M, 8 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,276,000
- Deposit, UAE resident (20%)
- AED 255,200
- Deposit, non-resident (40%)
- AED 510,400
- Monthly over 25 years at 3.7%
- AED 5,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →