Ready building · Nshama

Ascot Residences, Al Yelayiss 2

Name: Registered property sales in Ascot Residences
Creator: Dubai Land Department

Highlights

Ascot Residences at a glance

About Ascot Residences

Ascot Residences is a mixed-use building in Al Yelayiss 2, Dubai, developed by Nshama. It holds about 154 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2024 and has been in use for about 2 years. 20 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,481 per sq ft.

Ascot Residences is one of 70 buildings in Al Yelayiss 2: 43 are complete and 25 are still being built.

In a nutshell

A mixed-use ready building
Located in Al Yelayiss 2, Dubai
Developed by Nshama
Completed in Q4 2024
Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
Sizes from 100 to 1,630 sq ft
Features: Children's Play Area
Service charge from AED 21.04 per sq ft

Status: Ready
Developer: Nshama
Location: Al Yelayiss 2, Dubai
Completed: Q4 2024
Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
Prices from: AED 428.0K
Median price per sq ft: AED 1,481
Median gross yield: 7.1%
Service charge: AED 21.91 per sq ft (2026)
Nearest metro: Meydan Etihad Rail Interchange, 7.4 km

Building details

Inside Ascot Residences

Facilities in Ascot Residences

Ascot Residences lists one facility for its residents.

Children's Play Area

Properties in Ascot Residences

Studios in Ascot Residences

There are about 10 of these in Ascot Residences, from 320 sq ft. They have recently sold for a median of AED 555.0K, or AED 1,750 per sq ft. Owners who resold made a median 17% over what they paid.

1-bedroom apartments in Ascot Residences

There are about 42 of these in Ascot Residences, from 590 to 700 sq ft. They have recently sold for a median of AED 910.0K, or AED 1,450 per sq ft. Owners who resold made a median 9% over what they paid.

2-bedroom apartments in Ascot Residences

There are about 78 of these in Ascot Residences, from 870 to 1,220 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,480 per sq ft. Owners who resold made a median 3% over what they paid.

3-bedroom apartments in Ascot Residences

There are about 10 of these in Ascot Residences, from 1,400 to 1,630 sq ft. They have recently sold for a median of AED 2.0M, or AED 1,430 per sq ft.

Commercial units in Ascot Residences

There are about 14 of these in Ascot Residences, from 100 to 1,610 sq ft. None has sold recently enough to quote a price.

Unit types in Ascot Residences with sizes, median prices and rents
Unit type	Units	Size	Median price	Median rent
Studio	10	320 sqft29.7 sqmt	AED 555K	AED 40K
1 Bed	42	590 sqft54.8 sqmt – 700 sqft65 sqmt	AED 910K	AED 84K
2 Beds	78	870 sqft80.8 sqmt – 1,220 sqft113.3 sqmt	AED 1.3M	AED 90K
3 Beds	10	1,400 sqft130.1 sqmt – 1,630 sqft151.4 sqmt	AED 2M	–
Commercial	14	100 sqft9.3 sqmt – 1,610 sqft149.6 sqmt	No recent sales	–

Sale trends in Ascot Residences

Median sale price

AED 1.3M

Median per sq ft

AED 1,481

Median gross yield

7.1%

Price ranges from the most recent registered sales, by unit type:

2-bedroom apartments: AED 1.2M to AED 1.5M (891 to 956 sq ft), across 11 sales
1-bedroom apartments: AED 780.0K to AED 1.0M (594 to 647 sq ft), across 5 sales
Studios: AED 510.0K to AED 638.9K (318 sq ft), across 3 sales
3-bedroom apartments: one sale at AED 2.0M (1,403 sq ft)

Rental trends in Ascot Residences

2-bedroom homes in Ascot Residences were let for AED 85.0K to AED 125.0K a year across 3 recent contracts, with a median of AED 90.0K.

Yearly rents from recent registered contracts, by unit type:

2-bedroom apartments: AED 85.0K to AED 125.0K a year (909 to 956 sq ft), across 3 contracts
1-bedroom apartments: AED 84.0K a year (615 sq ft)
Studios: AED 40.0K a year (318 sq ft)

Recent transactions in Ascot Residences

Recent registered sales in Ascot Residences
LocationStatus and unit	PricePer sqftPer sqmt	SpecsSize and bedrooms	DateSold by
Ascot Residences, Al YelayissReadyApartment	AED 1,350,000AED 1,485 /sqftAED 15,984 /sqmt	909 sqft84.4 sqmt2 Beds	17 Oct 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 780,000AED 1,313 /sqftAED 14,133 /sqmt	594 sqft55.2 sqmt1 Bed	28 Sept 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 910,000AED 1,406 /sqftAED 15,134 /sqmt	647 sqft60.1 sqmt1 Bed	22 Sept 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,340,000AED 1,477 /sqftAED 15,898 /sqmt	907 sqft84.3 sqmt2 Beds	30 Jul 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,300,000AED 1,360 /sqftAED 14,639 /sqmt	956 sqft88.8 sqmt2 Beds	14 Jul 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 510,000AED 1,604 /sqftAED 17,265 /sqmt	318 sqft29.5 sqmtStudio	21 May 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,200,000AED 1,300 /sqftAED 13,993 /sqmt	923 sqft85.7 sqmt2 Beds	18 May 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,380,000AED 1,549 /sqftAED 16,673 /sqmt	891 sqft82.8 sqmt2 Beds	8 May 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 2,000,000AED 1,426 /sqftAED 15,349 /sqmt	1,403 sqft130.3 sqmt3 Beds	6 May 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 600,000AED 1,887 /sqftAED 20,311 /sqmt	318 sqft29.5 sqmtStudio	3 Apr 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,250,000AED 1,354 /sqftAED 14,574 /sqmt	923 sqft85.7 sqmt2 Beds	24 Mar 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 910,000AED 1,532 /sqftAED 16,490 /sqmt	594 sqft55.2 sqmt1 Bed	17 Mar 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,009,888AED 1,700 /sqftAED 18,299 /sqmt	594 sqft55.2 sqmt1 Bed	5 Mar 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,250,000AED 1,378 /sqftAED 14,833 /sqmt	907 sqft84.3 sqmt2 Beds	19 Feb 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,500,000AED 1,650 /sqftAED 17,760 /sqmt	909 sqft84.4 sqmt2 Beds	26 Jan 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,380,000AED 1,549 /sqftAED 16,673 /sqmt	891 sqft82.8 sqmt2 Beds	15 Jan 2026Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,300,000AED 1,433 /sqftAED 15,425 /sqmt	907 sqft84.3 sqmt2 Beds	26 Nov 2025Owner
Ascot Residences, Al YelayissReadyApartment	AED 890,000AED 1,447 /sqftAED 15,575 /sqmt	615 sqft57.1 sqmt1 Bed	25 Nov 2025Owner
Ascot Residences, Al YelayissReadyApartment	AED 1,350,000AED 1,515 /sqftAED 16,307 /sqmt	891 sqft82.8 sqmt2 Beds	11 Nov 2025Owner
Ascot Residences, Al YelayissReadyApartment	AED 638,888AED 2,009 /sqftAED 21,625 /sqmt	318 sqft29.5 sqmtStudio	6 Nov 2025Owner

Ascot Residences
Al Yelayiss
AED 1.4M
AED 1,485 /sqftAED 15,984 /sqmt
ReadyApartment
909 sqft84.4 sqmt2 BedsOwner17 Oct 2026
Ascot Residences
Al Yelayiss
AED 780K
AED 1,313 /sqftAED 14,133 /sqmt
ReadyApartment
594 sqft55.2 sqmt1 BedOwner28 Sept 2026
Ascot Residences
Al Yelayiss
AED 910K
AED 1,406 /sqftAED 15,134 /sqmt
ReadyApartment
647 sqft60.1 sqmt1 BedOwner22 Sept 2026
Ascot Residences
Al Yelayiss
AED 1.3M
AED 1,477 /sqftAED 15,898 /sqmt
ReadyApartment
907 sqft84.3 sqmt2 BedsOwner30 Jul 2026
Ascot Residences
Al Yelayiss
AED 1.3M
AED 1,360 /sqftAED 14,639 /sqmt
ReadyApartment
956 sqft88.8 sqmt2 BedsOwner14 Jul 2026
Ascot Residences
Al Yelayiss
AED 510K
AED 1,604 /sqftAED 17,265 /sqmt
ReadyApartment
318 sqft29.5 sqmtStudioOwner21 May 2026
Ascot Residences
Al Yelayiss
AED 1.2M
AED 1,300 /sqftAED 13,993 /sqmt
ReadyApartment
923 sqft85.7 sqmt2 BedsOwner18 May 2026
Ascot Residences
Al Yelayiss
AED 1.4M
AED 1,549 /sqftAED 16,673 /sqmt
ReadyApartment
891 sqft82.8 sqmt2 BedsOwner8 May 2026
Ascot Residences
Al Yelayiss
AED 2M
AED 1,426 /sqftAED 15,349 /sqmt
ReadyApartment
1,403 sqft130.3 sqmt3 BedsOwner6 May 2026
Ascot Residences
Al Yelayiss
AED 600K
AED 1,887 /sqftAED 20,311 /sqmt
ReadyApartment
318 sqft29.5 sqmtStudioOwner3 Apr 2026
Ascot Residences
Al Yelayiss
AED 1.3M
AED 1,354 /sqftAED 14,574 /sqmt
ReadyApartment
923 sqft85.7 sqmt2 BedsOwner24 Mar 2026
Ascot Residences
Al Yelayiss
AED 910K
AED 1,532 /sqftAED 16,490 /sqmt
ReadyApartment
594 sqft55.2 sqmt1 BedOwner17 Mar 2026
Ascot Residences
Al Yelayiss
AED 1M
AED 1,700 /sqftAED 18,299 /sqmt
ReadyApartment
594 sqft55.2 sqmt1 BedOwner5 Mar 2026
Ascot Residences
Al Yelayiss
AED 1.3M
AED 1,378 /sqftAED 14,833 /sqmt
ReadyApartment
907 sqft84.3 sqmt2 BedsOwner19 Feb 2026
Ascot Residences
Al Yelayiss
AED 1.5M
AED 1,650 /sqftAED 17,760 /sqmt
ReadyApartment
909 sqft84.4 sqmt2 BedsOwner26 Jan 2026
Ascot Residences
Al Yelayiss
AED 1.4M
AED 1,549 /sqftAED 16,673 /sqmt
ReadyApartment
891 sqft82.8 sqmt2 BedsOwner15 Jan 2026
Ascot Residences
Al Yelayiss
AED 1.3M
AED 1,433 /sqftAED 15,425 /sqmt
ReadyApartment
907 sqft84.3 sqmt2 BedsOwner26 Nov 2025
Ascot Residences
Al Yelayiss
AED 890K
AED 1,447 /sqftAED 15,575 /sqmt
ReadyApartment
615 sqft57.1 sqmt1 BedOwner25 Nov 2025
Ascot Residences
Al Yelayiss
AED 1.4M
AED 1,515 /sqftAED 16,307 /sqmt
ReadyApartment
891 sqft82.8 sqmt2 BedsOwner11 Nov 2025
Ascot Residences
Al Yelayiss
AED 638.9K
AED 2,009 /sqftAED 21,625 /sqmt
ReadyApartment
318 sqft29.5 sqmtStudioOwner6 Nov 2025

Recent registered rent contracts in Ascot Residences
LocationContract and unit	Annual rentAED a year	SpecsSize and bedrooms	Contract dateStart – End
Ascot Residences, Al YelayissApartmentNew contract	AED 85,000	951 sqft88.4 sqmt2 Beds	31 Oct 2026to30 Oct 2027
Ascot Residences, Al YelayissApartmentNew contract	AED 84,000	615 sqft57.1 sqmt1 Bed	30 Oct 2026to29 Oct 2027
Ascot Residences, Al YelayissApartmentNew contract	AED 90,000	909 sqft84.4 sqmt2 Beds	25 Oct 2026to25 Oct 2027
Ascot Residences, Al YelayissApartmentNew contract	AED 40,000	318 sqft29.5 sqmtStudio	20 Oct 2026to19 Oct 2027
Ascot Residences, Al YelayissApartmentRenewal	AED 125,000	956 sqft88.8 sqmt2 Beds	15 Oct 2026to15 Oct 2027
Ascot Residences, Al YelayissApartmentRenewal	AED 56,250	1,113 sqft103.4 sqmt2 Beds	10 Oct 2026to9 Apr 2027

Ascot Residences
Al Yelayiss
AED 85K/yr
ApartmentNew contract
951 sqft88.4 sqmt2 Beds31 Oct 2026to30 Oct 2027
Ascot Residences
Al Yelayiss
AED 84K/yr
ApartmentNew contract
615 sqft57.1 sqmt1 Bed30 Oct 2026to29 Oct 2027
Ascot Residences
Al Yelayiss
AED 90K/yr
ApartmentNew contract
909 sqft84.4 sqmt2 Beds25 Oct 2026to25 Oct 2027
Ascot Residences
Al Yelayiss
AED 40K/yr
ApartmentNew contract
318 sqft29.5 sqmtStudio20 Oct 2026to19 Oct 2027
Ascot Residences
Al Yelayiss
AED 125K/yr
ApartmentRenewal
956 sqft88.8 sqmt2 Beds15 Oct 2026to15 Oct 2027
Ascot Residences
Al Yelayiss
AED 56.3K/yr
ApartmentRenewal
1,113 sqft103.4 sqmt2 Beds10 Oct 2026to9 Apr 2027

Every sale in Ascot Residences Every rent contract in Ascot Residences

Service charges in Ascot Residences

The 2026 service charge in Ascot Residences is AED 21.91 per sq ft for homes, AED 21.04 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Ascot Residences
Unit type	Rate per sq ft	Size	Yearly charge
1 Bed Apartment (2026)	AED 21.91	590 sqft54.8 sqmt – 700 sqft65 sqmt	AED 12,927 – AED 15,337
2 Beds Apartment (2026)	AED 21.91	870 sqft80.8 sqmt – 1,220 sqft113.3 sqmt	AED 19,062 – AED 26,730
3 Beds Apartment (2026)	AED 21.91	1,400 sqft130.1 sqmt – 1,630 sqft151.4 sqmt	AED 30,674 – AED 35,713
Retail (2026)	AED 21.04	100 sqft9.3 sqmt – 1,610 sqft149.6 sqmt	AED 2,104 – AED 33,874
Studio Apartment (2026)	AED 21.91	320 sqft29.7 sqmt	AED 7,011 – AED 7,011

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Ascot Residences payment plan

How the developer's price is paid, in the order each instalment falls due.

1.Down Payment10%
2.During Construction40%
3.On Handover10%
4.After Handover40%

Ascot Residences floor plans

Studio, Studio Studio
312 sqft29 sqmt
1 bedroom, 1 Bedroom Apartment
624 sqft58 sqmt
2 bedrooms, 2 Bedroom Apartment
904 sqft84 sqmt
3 bedrooms, 3 Bedroom Apartment
1,399 sqft130 sqmt

Nearby amenities

Around Ascot Residences

Transportation near Ascot Residences

Stations planned on new lines nearby include Meydan Etihad Rail Interchange (golden line, 7.4 km, about 17 min drive) and Global Village (golden line, 8 km, about 18 min drive).

Meydan Etihad Rail InterchangeGolden line · 7.4 km · about 17 min drive
Global VillageGolden line · 8 km · about 18 min drive

Shopping and groceries near Ascot Residences

The closest is Uptown Motor City, 7.2 km from Ascot Residences (about 16 min drive).

Uptown Motor CityShopping Mall · 7.2 km · about 16 min drive

Parks and leisure near Ascot Residences

The closest is Global Village, 7.8 km from Ascot Residences (about 18 min drive).

Global VillagePark · 7.8 km · about 18 min drive

Schools near Ascot Residences

The nearest is Horizon English School Town Square, 2.3 km away. Ratings are the KHDA's latest inspection grades.

Horizon English School Town SquareUK · KHDA: Not inspected yet · 2.3 km
Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 3.4 km
Fairgreen International School L.L.CInternational Baccalaureate · KHDA: Good · 3.6 km
Lycée français international (Branch)French · KHDA: Not inspected yet · 4 km
Ranches Primary SchoolUK · KHDA: Very good · 4.2 km
South View School L.L.CUK · KHDA: Good · 5.3 km

Other buildings in Al Yelayiss 2

Al Yelayiss 2 has 70 buildings. A few others to compare Ascot Residences with:

Off-plan
Alton
Al Yelayiss 2 · Nshama
Handover 31 May 2028 · 5% built
Aria On The Park
Al Yelayiss 2 · Nshama
Off-plan
Augusta
Al Yelayiss 2 · Nshama
Handover 14 Jan 2028 · 5% built
Ayala On The Park
Al Yelayiss 2 · Nshama
Off-plan
Belmont
Al Yelayiss 2 · Nshama
Handover 30 Apr 2029 · 0% built
Off-plan
Berkshire Park
Al Yelayiss 2 · Nshama
Handover 30 Jun 2027 · 18% built

All 70 Al Yelayiss 2 buildings →

Things to consider about Ascot Residences

In its favour

An active resale market: 20 sales in the last year make it easier to price and to sell.
Owners who resold have made money: a median gain of up to 17%.
A median gross yield of 7.1% on recent sales.
Ready to move into or let, with no construction risk.
Several schools within 3 km.

Worth checking

Service charges of up to AED 21.91 per sq ft are on the higher side for Dubai.

Specialists

Brokers who know Ascot Residences

These brokers handle sales and lettings in Ascot Residences and can tell you what is available now.

Mahmoud Hamzeh

Property Advisor

Jeremy Bentley

Senior Property Advisor

Alexey Chernov

Property Advisor

FAQs

Ascot Residences: questions answered

Ascot Residences was developed by Nshama in Al Yelayiss 2.

Ascot Residences is completed in Q4 2024.

Across its 20 most recent registered sales, Ascot Residences sold for a median of AED 1,481 per sq ft and AED 1.3M per unit.

Recent yearly contracts in Ascot Residences have a median rent of AED 85.0K.

The median gross yield on recently sold units in Ascot Residences is 7.1%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Ascot Residences is AED 21.91 per sq ft a year, as registered with the Dubai Land Department.

Ascot Residences has Studio (320 sq ft), 1 Bed (590 to 700 sq ft), 2 Beds (870 to 1,220 sq ft), 3 Beds (1,400 to 1,630 sq ft), Commercial (100 to 1,610 sq ft).

Meydan Etihad Rail Interchange is about 7.4 km from Ascot Residences.

The nearest schools include Horizon English School Town Square (2.3 km), Dubai International Academy Town Square (3.4 km), Fairgreen International School L.L.C (3.6 km).

Buying, selling or renting in Ascot Residences?

A broker who works Al Yelayiss 2 will tell you what is available and what comparable homes went for.

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