3-bed · 1,402 sqftAscot Residence, Town Square · 5th floor · completed 2024

509, Ascot Residence

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.26M22 February 2023
Current rentAED 128K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Ascot Residence

What is 509 worth today?

Last sold for AED 1,261,888 in 2023

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1 May 2026RentedNew contract
AED 127,500/yr12 months · AED 91 per sqft
1 Apr 2025RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
22 Feb 2023Sold by developerOff-plan
AED 1,261,888AED 900 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
3-bed apartment
Size
1,402 sqft
Floor
5th of 5
Parking
2
Developer
Nshama Properties
Completed
2024
Last sold
AED 1.26M · February 2023

About 509, Ascot Residence

509 is a three-bedroom apartment of 1,402 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 22 February 2023 for AED 1,261,888, or AED 900 per sqft, in line with the AED 900 three-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 May 2026, is AED 127,500 a year: a gross yield of 10.1% on the 2023 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical three-bed in Ascot Residence
1.5M2M2023202420252026Typical sale price by year: 2023 AED 1,289,388; 2025 AED 2,200,000Sold by developer, February 2023: AED 1,261,888 (AED 900 per sqft)

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

Rents
Unit 509, each contractTypical three-bed in Ascot Residence
128K130K202520262027Typical rent by year: 2025 AED 130,000; 2026 AED 129,501New contract, April 2025: AED 130,000 a yearNew contract, May 2026: AED 127,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Ascot Residence, and where 509 sits

All 10 3-beds →

509 last sold in February 2023 at AED 900 per sqft, in line with what three-beds in Ascot Residence were fetching at the time (AED 900). Over the last 12 months three-beds sold for AED 2,000,000, around AED 1,425 per sqft, and rent for AED 127,500 to 135,000 a year. 509's AED 127,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20262,000,000
1 May 20252,200,000
24 Apr 20252,240,000
2 Apr 20251,950,000
1 3-bed sale 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 5th floor

All 140 units in Ascot Residence
Value
5012-bedAED 1.28M · Mar 2025
5022-bedAED 961K · Mar 2023
5032-bedAED 1.4M · Jun 2025
5041-bedAED 910K · Mar 2026
5052-bedAED 1.25M · Mar 2025
5061-bedAED 674K · Dec 2024
5071-bedAED 835K · Oct 2025
1–7 of 27

509, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 22 February 2023 for AED 1,261,888, or AED 900 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, from AED 130,000 to AED 127,500 a year.
  • At AED 127,500 a year the gross yield on the 2023 price is 10.1%.
  • Three-beds in Ascot Residence sold for AED 2,000,000–2,000,000 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 May 2026.

Questions about 509, Ascot Residence

What did unit 509 last sell for?

AED 1,261,888 on 22 February 2023, sold by the developer: AED 900 per sqft for 1,402 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 127,500 a year on the contract signed on 1 May 2026. The previous contract, from April 2025, was AED 130,000.

How big is unit 509?

1,402 sqft (130.3 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ascot Residence sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,425 per sqft.

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Mortgage on 509, Ascot Residence

Starts from the last sale price (AED 1.26M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,261,888
Deposit, UAE resident (20%)
AED 252,378
Deposit, non-resident (40%)
AED 504,755
Monthly over 25 years at 3.7%
AED 5,163

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