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Ascot Residences

Dubai · Town Square · Ascot Residences

In Town Square, Dubai, Ascot Residences is an apartment development by Nshama. The project is sold out, and resale units start at AED 679,999. Homes are studio to 3 bedroom apartments, from 317 to 1,401 square feet. The development is complete, with handover recorded for Q4 2024. Ownership is freehold.

Key facts

Handover (past)
Q4 2024
Status
Ready
Construction progress
100%
Ownership
freehold
Property types
apartment
Availability
Sold out

How Ascot Residences compares

Entry here is AED 850,000, against a median of AED 850,444 across the 36 priced projects in Town Square, which puts it above 17 of them and below 18. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q4 2024, alongside 104 other projects completing in the same quarter. Nshama has 37 projects in our catalogue, 36 of them in Town Square.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Standard

10%

Down payment

40%

During construction

10%

On handover

40%

after handover

Available units

TypeArea (sqft)BathroomsLayoutsStarting price
Studio31711AED 395,000
1 bedroom623 - 64912AED 625,888
2 bedroom909 - 95222AED 860,888
3 bedroom1,40131AED 1,261,888

Amenities

  • Gymnasium
  • Restaurants
  • Valet Parking
  • Children's Play Area

Location

Ascot Residences sits in Town Square.

Distance to landmarks (straight line)

  • Expo City Dubai15 km
  • Dubai Marina18 km
  • Al Maktoum International Airport (DWC)18 km
  • Business Bay21 km

Straight-line distance from the project's coordinates, not a drive time.

Master plan

The developer’s own site plan for Ascot Residences, showing how the buildings, roads and open space sit together.

Master plan for Ascot Residences by Nshama in Town Square

What you pay, and when

The payment plan published at launch ran 10% on booking, 40% during construction, 10% at handover and 40% after handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 27,000 at this resale price. Under Dubai's Law 8 of 2007, that 10% booking payment goes into a RERA-supervised escrow account rather than to Nshama directly, and is drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 317 square feet at AED 395,000, which works out at AED 1,246 per square foot. Stated sizes run from 317 to 1,401 square feet.

Handover and construction

The handover on record for Ascot Residences is Q4 2024. Construction was last recorded at 100% complete.

Ownership and residency

Ascot Residences is sold freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for.

Who it suits

The development is apartments in studio to 3 bedroom layouts. studios start at AED 395,000 and 3 bedroom units at AED 1,261,888, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Ascot Residences records valet parking among its shared facilities, alongside the gymnasium, restaurants and children's play area that most Dubai developments carry. 6 floor plans are published for it.

Frequently asked

Can you still buy at Ascot Residences?+

Ascot Residences is sold out from the developer, and resale units are listed from AED 679,999.

When does Ascot Residences hand over?+

Ascot Residences is complete, with handover recorded for Q4 2024.

What is the payment plan at Ascot Residences?+

The launch plan at Ascot Residences was 10% on booking, 40% during construction, 10% at handover and 40% after handover. The developer has sold out, so a purchase now is a resale from a private owner and the terms are whatever the two sides agree.

What sizes are available at Ascot Residences?+

Ascot Residences is apartments in studio to 3 bedroom layouts, from 317 to 1,401 square feet.

Can a foreign buyer own a home at Ascot Residences?+

Ascot Residences is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed is below the AED 2,000,000 threshold for the 10 year UAE golden visa.

Which community is Ascot Residences in?+

Ascot Residences is in Town Square, Dubai. We track 36 projects in Town Square.

Who is building Ascot Residences?+

Ascot Residences is developed by Nshama, who have 37 projects in our catalogue.

Before you commit

Ask about Ascot Residences

Your advisor

Luxury Located Real Estate

Regulated as a brokerage by the Dubai Land Department and RERA

Replies the same day, seven days a week, with this project already attached.

+971 58 525 7777bh@luxurylocated.com

Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.

Related off-plan projects

Others in Town Square, then more from Nshama.

Ascot Residences is an off-plan development by Nshama in Town Square, priced from AED 850,000. See more Nshama projects or all 36 off-plan projects in Town Square. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.