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Property Makler
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Dubai, UAE US |
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Ascot Residences in Town Square - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Rents in Ascot Residences
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 1 | 59 | 1,197 | 70,000 |
| 2 | 84 | 1,167 | 98,000 |
The cap rate (rental yield) of investments into Ascot Residences project is 7.3% on average.
The price of an apartment in Ascot Residences is 18,708 AED/sqm on average.
The long term rent of an apartment in Ascot Residences is 1,184 AED/sqm/year on average.
Rent for 1 bedroom apartment in Ascot Residences is 70,000 AED or 1,197 AED/sqm.
Rent for 2 bedroom apartment in Ascot Residences is 98,000 AED or 1,167 AED/sqm.
About Ascot Residences
'Ascot Residences' in 'Town Square' area project description
Ascot Residences is a low-rise residential development in Town Square Dubai, offering studio, 1-, 2-, and 3-bedroom apartments designed for modern luxury and comfort. Developed by Nshama, a leading UAE property developer founded in 2014, the project emphasizes elegance with contemporary interiors, premium finishes, marble floors, built-in wardrobes, ensuite bathrooms, and open-plan or closed kitchens flooded with natural light.
Construction started on April 21, 2024, with some sources noting groundwork from February 2023, and reached 100% completion by late 2024. Handover occurred in November or December 2024, aligning with the Q4 2024 delivery timeline.
The architecture features spacious layouts in a private gated environment surrounded by lush green parkland. Apartment sizes include studios at 317 sq ft, 1-bedroom units at 623 sq ft and 649 sq ft, 2-bedroom options at 909 sq ft and 952 sq ft, and 3-bedroom apartments at 1,401 sq ft.
Amenities enhance community living with a swimming pool, gymnasium, basketball courts, cycling track, children's play area, restaurants, valet parking, and proximity to Town Square's broader facilities like parks, retail outlets, jogging tracks, and tennis courts.
Strategically located in Town Square along Al Qudra Road (D63), a 750-acre master-planned community by Dubai Holding, it provides easy access to key Dubai spots: 10 minutes to Plantation Equestrian and Polo Club, 13 minutes to Dubai Miracle Garden, 20 minutes to Expo 2020 site, 24 minutes to Burj Al Arab, 25 minutes to DWC Airport, 27 minutes to Dubai Marina, 28 minutes to Dubai International Airport, 29 minutes to Dubai Mall, and 31-34 minutes to Palm Jumeirah or The Walk JBR. To reach the beach, drive approximately 30-35 minutes west via Sheikh Zayed Road or Al Khail Road to Jumeirah Beach or similar coastal areas.
Nearby projects include completed developments like Zahra and Hayat Townhouses (handed over 2017-2019), Safi Townhouses (2019), Noor and Naseem Townhouses (2020-2021), Jenna Apartments (2019), UNA Apartments (2020), and Hayat Boulevard Apartments. Ongoing or upcoming ones feature Aria on the Park, Symphony on the Park, Elaya on the Park, Fia Apartments (2026 handovers), Savannah Apartments (2027), and Alton Apartments (2028).
Town Square's vibrant, family-friendly setting blends urban dynamism with tranquility, supported by a 2.5 million sq ft retail precinct, over 600 stores, and green spaces like Town Square Park. Ascot Residences integrates seamlessly, offering residents a serene retreat amid convenience.
Ascot Residences is a low-rise residential development in Town Square Dubai, offering studio, 1-, 2-, and 3-bedroom apartments designed for modern luxury and comfort. Developed by Nshama, a leading UAE property developer founded in 2014, the project emphasizes elegance with contemporary interiors, premium finishes, marble floors, built-in wardrobes, ensuite bathrooms, and open-plan or closed kitchens flooded with natural light.
Construction started on April 21, 2024, with some sources noting groundwork from February 2023, and reached 100% completion by late 2024. Handover occurred in November or December 2024, aligning with the Q4 2024 delivery timeline.
The architecture features spacious layouts in a private gated environment surrounded by lush green parkland. Apartment sizes include studios at 317 sq ft, 1-bedroom units at 623 sq ft and 649 sq ft, 2-bedroom options at 909 sq ft and 952 sq ft, and 3-bedroom apartments at 1,401 sq ft.
Amenities enhance community living with a swimming pool, gymnasium, basketball courts, cycling track, children's play area, restaurants, valet parking, and proximity to Town Square's broader facilities like parks, retail outlets, jogging tracks, and tennis courts.
Strategically located in Town Square along Al Qudra Road (D63), a 750-acre master-planned community by Dubai Holding, it provides easy access to key Dubai spots: 10 minutes to Plantation Equestrian and Polo Club, 13 minutes to Dubai Miracle Garden, 20 minutes to Expo 2020 site, 24 minutes to Burj Al Arab, 25 minutes to DWC Airport, 27 minutes to Dubai Marina, 28 minutes to Dubai International Airport, 29 minutes to Dubai Mall, and 31-34 minutes to Palm Jumeirah or The Walk JBR. To reach the beach, drive approximately 30-35 minutes west via Sheikh Zayed Road or Al Khail Road to Jumeirah Beach or similar coastal areas.
Nearby projects include completed developments like Zahra and Hayat Townhouses (handed over 2017-2019), Safi Townhouses (2019), Noor and Naseem Townhouses (2020-2021), Jenna Apartments (2019), UNA Apartments (2020), and Hayat Boulevard Apartments. Ongoing or upcoming ones feature Aria on the Park, Symphony on the Park, Elaya on the Park, Fia Apartments (2026 handovers), Savannah Apartments (2027), and Alton Apartments (2028).
Town Square's vibrant, family-friendly setting blends urban dynamism with tranquility, supported by a 2.5 million sq ft retail precinct, over 600 stores, and green spaces like Town Square Park. Ascot Residences integrates seamlessly, offering residents a serene retreat amid convenience.
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