Ascot Residences is an elegant mid-rise residential development by Nshama, located in the highly sought-after Town Square Dubai community. The development showcases a curated selection of studios and 1, 2, and 3-bedroom apartments that prioritize contemporary style, space, and comfort. Each particular home is designed with high-quality finishes, built-in wardrobes, plus expansive windows that offer panoramic views of the lush green surroundings.
As of early 2026, Ascot Residences is officially 100% completed, with the final handover achieved in November 2024. Residents can now enjoy direct access to a mature community infrastructure that includes over 150,000 square meters of parkland and hundreds of retail outlets. Whether you are seeking a vibrant urban retreat or a high-yielding investment, Ascot Residences provides a unique blend of tranquility and city convenience with a lucrative post-handover payment structure.
Property Details
| Feature | Details |
| Developer | Nshama Properties |
| Location | Town Square Dubai |
| Property Type | Residential Apartments |
| Starting Price | AED 850,000 (Launch Price) |
| Government Fee | 4% DLD Fee |
| Unit Status | Completed (Ready to Move) |
| Ownership | Freehold |
| Estimated Completion | November 30, 2024 (Completed) |
| Views | Town Square Park, Boulevard, and Courtyard Views |
Features & Amenities
| Feature | Details |
| Fitness & Health | State-of-the-art gymnasium, swimming pool, and dedicated fitness club |
| Active Recreation | Basketball and tennis courts, football pitch, and squash courts |
| Outdoor Trails | 10km jogging track and 13km cycling paths through green belts |
| Family Fun | Kids’ play area, splash pad, carousel, and an outdoor cinema |
| Pet Friendly | Dedicated dog park, pet shop, and on-site veterinary clinic |
| Lifestyle Services | Retail outlets, diverse restaurants, pharmacies, and laundry services |
Location & Connectivity
Ascot Residences is strategically located along Al Qudra Road, ensuring effortless connectivity to Dubai’s key landmarks:
- 02 mins – Town Square Park
- 10 mins – Plantation Equestrian and Polo Club
- 13 mins – Dubai Miracle Garden & Global Village
- 20 mins – Expo City Dubai
- 25 mins – Al Maktoum International Airport (DWC)
- 27 mins – Dubai Marina & JBR
- 29 mins – The Dubai Mall & Downtown Dubai
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | Due on booking date |
| During Construction | 40% | Completed (phased during build) |
| On Handover | 10% | Finalized in Q4 2024 |
| Post-Handover | 40% | Paid over 24 months (2 years) after handover |
Note: This rare 60/40 post-handover structure provides investors with excellent leverage on a ready property.
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Key Features |
| Studio Apartment | ~317 Sq. Ft. | Efficient open-plan layout with modern kitchenette |
| 1-Bedroom Apartment | 623 – 649 Sq. Ft. | Master suite with built-in storage and private balcony |
| 2-Bedroom Apartment | 909 – 952 Sq. Ft. | Two full bathrooms and separate laundry/storage area |
| 3-Bedroom Apartment | ~1,401 Sq. Ft. | Corner units with expansive balconies and maid’s quarters |
Note: Individual unit layouts and 3D floor plans are available upon request.
Why Invest in Ascot Residences
- Completed & Ready: No off-plan risks; units are ready for immediate move-in or rental.
- Exceptional Rental Yields: Apartments in this cluster typically generate net yields of 7.5% to 8.5%, supported by high demand from young professionals.
- Low Supply Scarcity: With only 13 resale properties currently active, there is a strong secondary market and capital appreciation potential.
- Family-Centric Masterplan: Proximity to the central park and on-site nurseries makes it a preferred choice for long-term tenants.
- Proven Developer: Nshama is renowned for its community-building expertise and timely delivery of high-standard residences.
FAQs About Ascot Residences
Q1: Can I move in today?
A: Yes, Ascot Residences was completed in late 2024. Handover is finished, and the building is fully operational for residents.
Q2: Is the post-handover payment plan still available for resale units?
A: Generally, post-handover plans are linked to the original developer sale. For resale units, terms are negotiated with the current owner, though some may offer to transfer the remaining installments.
Q3: Are the appliances included in the kitchen?
A: Units are typically sold with fully-fitted cabinets and scratch-resistant counters, but specific appliance packages vary by the original sales agreement.
Q4: Is the community gated?
A: Yes, Town Square is a master-planned community with 24/7 security and controlled access to individual residential buildings.
Q5: What are the annual service charges?
A: Service charges in Ascot Residences are approximately AED 14 to AED 16 per square foot, covering maintenance of the common areas and amenities.
Contact Cresco Real Estate Today
Would you like me to provide you with the current availability list for the 13 resale units, or would you like to receive a rental income projection for a 2-bedroom unit in this project?
