2-bed · 909 sqftAscot Residence, Town Square · 5th floor · completed 2024

511, Ascot Residence

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 901K12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Ascot Residence

What is 511 worth today?

Last sold for AED 900,888 in 2024

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12 Sep 2024Sold by developerOff-plan
AED 900,888AED 991 per sqft
12 Sep 2024SoldOff-plan
AED 900,888AED 991 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
5th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 901K · September 2024

About 511, Ascot Residence

511 is a two-bedroom apartment of 909 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 12 September 2024 for AED 900,888, or AED 991 per sqft, in line with the AED 991 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, September 2024: AED 900,888 (AED 991 per sqft)Sold, September 2024: AED 900,888 (AED 991 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Ascot Residence
95K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200

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 511 sits

All 78 2-beds →

511 last sold in September 2024 at AED 991 per sqft, in line with what two-beds in Ascot Residence were fetching at the time (AED 991). 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.

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 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

511, Ascot Residence in numbers

  • Sold twice: first on 12 September 2024 for AED 900,888, last on 12 September 2024 for AED 900,888 (AED 991 per sqft).
  • 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 12 September 2024.

Questions about 511, Ascot Residence

What did unit 511 last sell for?

AED 900,888 on 12 September 2024, sold by the developer: AED 991 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 900,888 in September 2024.

How big is unit 511?

909 sqft (84.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 511 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 511, Ascot Residence

Starts from the last sale price (AED 901K, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,888
Deposit, UAE resident (20%)
AED 180,178
Deposit, non-resident (40%)
AED 360,355
Monthly over 25 years at 3.7%
AED 3,686

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