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 sizes at Ascot Residences at Town Square Dubai: Sophisticated Living by Nshama run from 317 to 1,401 square feet: Studio Apartment at 317 sq ft, 1-Bedroom Apartment at 623 sq ft, 2-Bedroom Apartment at 909 sq ft and 3-Bedroom Apartment at 1,401 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range (Sq. Ft.) | Key Features |
| Studio Apartment | ~317 Sq. Ft. | Efficient open-plan layout with modern kitchenette |
| 1-Bedroom Apartment | 623 to 649 Sq. Ft. | Master suite with built-in storage and private balcony |
| 2-Bedroom Apartment | 909 to 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?
More about Town Square
Read the Cresco area guide to Town Square. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Town Square area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Town Square
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 69 residential sales were registered in Town Square. The median was AED 1,150,000 and the middle half fell between AED 850,000 and AED 1,350,000. This project is advertised from AED 850,000, which sits inside that range.
For the unit type this project leads with, 1 B/R, the registered median in Town Square was AED 820,000 across 17 sales, at AED 1,397 per square foot and a median size of 602 sq ft.
| This project, advertised entry price | AED 850,000 |
| Registered median price, Town Square | AED 1,150,000 |
| Middle half of registered sales | AED 850,000 to AED 1,350,000 |
| Registered median per sq ft | AED 1,313 |
| Registered median unit size | 937 sq ft |
| Share bought off plan | 16% |
| Ready stock, median per sq ft | AED 1,309 from 58 sales |
| Registered residential sales in the period | 69 |
Registered sales by bedroom count in Town Square
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| 1 B/R | 17 | AED 820,000 | AED 1,397 | 602 sq ft |
| 2 B/R | 36 | AED 1,220,000 | AED 1,246 | 949 sq ft |
| 3 B/R | 9 | AED 1,875,000 | AED 1,321 | 1,424 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Town Square
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Town Square recorded 4,613 registered rental contracts and 796 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 94 per sqft against a ready sale price of AED 1,354 per sqft. That is a gross yield of 6.9% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Town Square moved +8.5 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -0.8%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 360 | 42,663 | 125 | +10.7 |
| 1 bedroom | 1,963 | 57,534 | 99 | +8.4 |
| 2 bedroom | 1,903 | 85,207 | 85 | +11.9 |
| 3 bedroom | 384 | 118,503 | 78 | +8.9 |
| All apartments | 4,613 | 72,927 | 94 | +8.5 |
Full Town Square guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
