Gallery
Imagery courtesy of Nshama.
The project
About Ascot Residences
Ascot Residences is a six-storey residential building within Town Square, Nshama's Al Qudra Road community, with studio to three-bedroom apartments.
Launch pricing is quoted between AED 395,000 for studios and AED 895,000 depending on release, with a 60/40 plan extending two years after handover.
The building was handed over in November 2024.
Payment
Payment plan
60/40 — 60% by handover, 40% over 2 years post-handover
At a glance
Ascot Residences key facts
- Developer
- Nshama
- Community
- Town Square
- Status
- Handover soon
- Handover
- Completed (2024)
- Starting price
- AED 620K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 60/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 620K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Ascot Residences
- 01
Agree the price
Agree terms with the seller of a unit at Ascot Residences, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Nshama issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Post-handover payment plan
- Recently completed
- Ready community with retail and parks
What to weigh
- Launch prices differ markedly by source
- Low-rise building with limited views
- Al Qudra Road location
FAQ
Ascot Residences — frequently asked questions
What is the starting price of Ascot Residences?
Published pricing at Ascot Residences starts from AED 620K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Ascot Residences?
Ascot Residences is scheduled for handover in Completed (2024). Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Ascot Residences?
60/40 — 60% by handover, 40% over 2 years post-handover
Who is the developer of Ascot Residences?
Ascot Residences is developed by Nshama in Town Square, Dubai.
What unit types are available at Ascot Residences?
Ascot Residences offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Ascot Residences located?
Ascot Residences is in Town Square, Dubai.
Can foreigners buy at Ascot Residences?
Yes. Town Square is a freehold area, so buyers of any nationality can own property at Ascot Residences outright.
Does buying at Ascot Residences qualify for the UAE Golden Visa?
The entry price of AED 620K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Ascot Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 25K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Ascot Residences?
MRK Real Estate advises on primary purchases and resales at Ascot Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Nshama before any transaction.
