2-bed · 871 sqftAscot Residence, Town Square · 5th floor · completed 2024

524, Ascot Residence

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

Unit 524 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 931K1 March 2023
Current rentAED 95K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 524, Ascot Residence

What is 524 worth today?

Last sold for AED 930,888 in 2023

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10 May 2025RentedNew contract
AED 95,000/yr12 months · AED 109 per sqft
1 Mar 2023Sold by developerOff-plan
AED 930,888AED 1,068 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
2-bed apartment
Size
871 sqft
Floor
5th of 5
Parking
1
Developer
Nshama Properties
Completed
2024
Last sold
AED 931K · March 2023

About 524, Ascot Residence

524 is a two-bedroom apartment of 871 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 1 March 2023 for AED 930,888, or AED 1,068 per sqft, 5% above the AED 1,018 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2025. The current contract, signed on 10 May 2025, is AED 95,000 a year: a gross yield of 10.2% on the 2023 price.

Sales and rents for 524 over time

Sales
Unit 524, 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, March 2023: AED 930,888 (AED 1,068 per sqft)

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

Rents
Unit 524, each contractTypical two-bed in Ascot Residence
95K95K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 94,200New contract, May 2025: AED 95,000 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 524 sits

All 78 2-beds →

524 last sold in March 2023 at AED 1,068 per sqft, 5% above what two-beds in Ascot Residence were fetching at the time (AED 1,018). 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. 524's AED 95,000 is in the lower 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 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

524, Ascot Residence in numbers

  • Sold once: by Nshama Properties on 1 March 2023 for AED 930,888, or AED 1,068 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 10.2%.
  • 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 10 May 2025.

Questions about 524, Ascot Residence

What did unit 524 last sell for?

AED 930,888 on 1 March 2023, sold by the developer: AED 1,068 per sqft for 871 sqft. It is the only registered sale of the unit.

What is the rent for unit 524?

AED 95,000 a year on the contract signed on 10 May 2025.

How big is unit 524?

871 sqft (80.9 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2024.

What is unit 524 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 524, Ascot Residence

Starts from the last sale price (AED 931K, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 930,888
Deposit, UAE resident (20%)
AED 186,178
Deposit, non-resident (40%)
AED 372,355
Monthly over 25 years at 3.7%
AED 3,809

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