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ASCOT RESIDENCES

ASCOT RESIDENCES

Properties for Sale
Town Square, Dubai
430 888 AED - 1 300 888 AED
Location Town Square, Dubai
Type Development
Completion date IV quarter, 2024 (Off-plan)
Studio min. 430 888 AED
1 bedroom min. 620 888 AED
2 bedrooms min. 830 888 AED
3 bedrooms min. 1 300 888 AED
Living space 30 - 130 m²
Advantages
Beautiful view
Type of buildings:
Premium
Downpayment from
10%
40% after commissioning of the property
Prestigious neighbourhood

Residential complex Ascot Residences in Dubai

Ascot Residences, a building under construction, is an upcoming elite project from developer Nshama. The small six-story residential complex is located in the developing area of Dubai Town Square, within walking distance of the central park.

Ascot Residences is an exclusive development from the reputable developer, Nshama. The compact, six-story residential complex is situated in the burgeoning district of Dubai Town Square, close to the central park.

The ground floor of the complex will consist of many commercial establishments such as boutiques, cafes, and restaurants. A large lobby with a concierge desk and a cozy seating area will be at the main entrance to the building. An outdoor swimming pool, meticulously landscaped gardens, quiet waterside recreation areas, and a children's playground will be located in the courtyard of the residential complex.

Residents of the newly constructed Ascot Residences in Dubai will have access to amenities within the Town Square community, which is a verdant, family-oriented development. Ascot Residences features an array of luxurious amenities for residents to enjoy, including:

  • A large outdoor swimming pool complete with designated recreation areas and lounging spots, perfect for soaking up the sun and enjoying the warm weather;
  • A fully-equipped gym, a basketball court, a football field, and courts to play squash and tennis for those who enjoy staying active;
  • A playground filled with attractions such as a playground with fountains gushing out of the ground, a carousel, a children's train, and a bike path. It is for families with children;
  • A skate park, a treadmill, and a laundry room are available for those looking for additional recreational options;
  • A BBQ area, a medical clinic, and a pharmacy are available for residents' convenience;
  • A fitness club and a kindergarten for additional fitness and educational options;
  • A mosque, supermarkets, an open-air cinema, many shops, retail outlets, cafes, and restaurants are located near the housing complex.

All of these amenities are designed to make the life of residents more comfortable and enjoyable in the complex.

Property in Ascot Residences, Dubai, UAE

Prospective buyers of Ascot Residences have a variety of options to choose from, including:

  • Studio apartments boast 30 sqm of living space;
  • One-bedroom apartments range from 58-60 sqm in size;
  • Two-bedroom apartments measure 84-89 square meters;
  • Three-bedroom apartments boast an impressive 130 sqm of living space.

All apartments feature large panoramic windows that provide residents with picturesque views of the surrounding landscaped gardens or the serene inner courtyard of the complex. The light-filled interiors are finished in a neutral color palette, creating a sense of spaciousness and airiness throughout the living space.

Prospective buyers can expect high-quality tiled floors throughout the apartments, seamlessly blending for a cohesive look. The kitchens will be fully equipped with custom-designed cabinetry and shelves tailored to fit the dimensions of the space. The kitchen cabinets and countertops are made of durable and scratch-resistant materials, perfectly complementing the stylish interiors of the residences. The kitchen backsplash and wall in the working area are finished with durable and easy-to-clean ceramic tiles. The kitchen is well-lit, providing ample light for cooking and food preparation. Additionally, the bedrooms come with built-in wardrobes for clothing storage, allowing for an organized and clutter-free space.

Property for sale in Ascot Residences

Prospective buyers may acquire an apartment in the under-construction Ascot Residences at the developer's prices. As construction is still ongoing, prices for the properties will be at their most competitive and will increase once the project is completed.

Nshama also allows buyers of the developer's prices to make installment payments without additional interest charges or surcharges. The initial deposit required at booking is 10% of the total cost, with 40% paid during the construction phase. Upon completion of the building, an additional 10% will be due, and 40% can be paid over the next two years.

The minimum cost for an apartment in Ascot Residences is 410,000 AED (112,000 USD) for a compact studio. One- and two-bedroom apartments are priced at 610,000 AED (166,092.63 USD) and 800,000 AED (217,826.40 USD), while three-bedroom apartments are available at 1,290,000 AED (351,245 USD).

Location

  • Close to schools
  • Prestigious district
  • Great location
  • Beautiful view

Features

  • Terrace
  • Finished
  • New project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Restaurant
  • Cafe
  • Cinema
  • Recreation area
  • SPA centre
  • Fitness room
  • Table tennis

Outdoor features

  • Barbecue area
  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Transport accessibility
  • Social and commercial facilities
  • Car park
  • Garden
  • Park
  • Footpaths
  • Garden
  • Benches
  • Well-developed facilities
  • Swimming pool
  • Common area with pool
  • Basketball court
  • Volleyball court
  • Sports ground
  • Tennis court
  • Football pitch

Properties in Ascot Residences

Lifestyle

Residents of Ascot Residences can look forward to a tranquil lifestyle within the peaceful family community of Town Square. The small residential complex exudes a comfortable and homely atmosphere. It provides the right setting for relaxation by the pool, playtime for children at the playground, and delightful dining experiences at the local cafes and restaurants. Conveniently located shopping options, such as the nearby shopping mall and Carrefour supermarket, are also easily accessible on foot.

Landscaped gardens and walking paths at the complex provide ample opportunities for strolls and fresh air. The community also offers ample opportunities for sports and fitness, with dedicated sports courts, a gym, and a fitness studio available for residents to use.

Advantages of the residential complex

The key advantages of Ascot Residences include:

  • Stylish interior design and functional apartment layouts;
  • Comfortable and homely atmosphere within the complex;
  • Pet-friendly community with a dog park, veterinary clinic, pet store, and grooming studio in the vicinity;
  • Convenience of restaurants and shops within the building;
  • A 37,000 sqm park with children's playgrounds, sports courts, and other places of rest within walking distance;
  • Easy access to major roads leading to neighboring areas with shopping centers, attractions, golf clubs, and more.

Studios and apartments at Ascot Residences

The studios and apartments at Ascot Residences boast well-designed and functional layouts. The compact studios feature an open-plan kitchen, dining area, living room, and bedroom, with the bathroom located conveniently opposite the kitchen. The living room also features built-in storage.

One- and two-bedroom apartments feature one balcony, while three-bedroom apartments feature two balconies. All apartments have a laundry area, an open-plan kitchen, living and dining area, providing ample space for entertaining guests.

Each bedroom also features a private bathroom or shower room, and the two- and three-bedroom apartments feature separate walk-in wardrobes. The three-bedroom apartments also boast a large utility room.

Completion of construction

The residential complex is under construction and is expected to be completed by December 2024. The residential complex is being developed by the Nshama construction company, which is building up the City Square area. Once construction is finished, the community will be fully self-sufficient with infrastructure for comfortable living and recreation.

Apartments in Ascot Residences will be commissioned within the specified time frame. The developer maintains an impeccable reputation and strives to complete projects on time. The developer also offers buyers payment in installments.

Property for investment in Ascot Residences

Investing in Ascot Residences is a smart choice for those looking for a balance of affordability and comfort. The brand-new complex is designed for buyers and renters with moderate incomes, and thanks to its affordable rental rates, it's a highly sought-after location in Town Square.

Investing in property from developer Nshama in Dubai yields excellent returns. Studio owners in Town Square can expect an annual return of 7.4%, while two-bedroom apartments typically yield 6.8%. The developer provides discounts to those who buy housing at the stage of preparation for construction. Investors can buy high-end properties and then resell them at a higher price.

Location
Cityland Mall
18.6 km
School
1.1 km
ATM machine
1.3 km
Pharmacy
1.5 km
History of Cinema Museum
27.2 km
Sea
24.2 km
Town Square Area

Town Square is a brand-new development located in Dubai that is currently in the development phase. The project is expected to be completed in 2024. The community is situated along Al Qudra Road, providing easy access to other areas of Dubai.

The small community will be fully self-sufficient, with residential, commercial, and entertainment amenities. The community is surrounded by ample green spaces, parks, and gardens, which contribute to a comfortable microclimate. The parks and green spaces are equipped with pedestrian zones, bicycle and running tracks, and children's and sports places.

Payment plan

PAYMENT NUMBER
PHASE
PAYMENT(%)
Down Payment10%
On Booking
10%
2nd Instalment5%
Within 4 months of from booking date
5%
3rd Instalment5%
Within 8 months of from booking date
5%
4th Instalment10%
Within 14 months of from booking date
10%
5th Instalment10%
Within 20 months of from booking date
10%
6th Instalment10%
On Handover
10%
7th Instalment10%
Within 6 months after completion
10%
8th Instalment10%
Within 12 months after completion
10%
9th Instalment10%
Within 18 months after completion
10%
10th Instalment10%
Within 24 months after completion
10%

ASCOT RESIDENCES layouts and prices

Layouts out of
  • Living space 30m²
    Bathrooms 1
    Bedrooms Studio
    Available apartments 1
    Price 430 888 AED
Layouts out of
  • Living space 58m²
    Bathrooms 1
    Bedrooms 1
    Available apartments 1
    Price 620 888 AED
Layouts out of
  • Living space 84m²
    Bathrooms 2
    Bedrooms 2
    Available apartments 1
    Price 830 888 AED
Layouts out of
  • Living space 130m²
    Bathrooms 3
    Bedrooms 3
    Available apartments 1
    Price 1 300 888 AED

ASCOT RESIDENCES development properties

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Developer Nshama

15All objects of the developer
2014Founded in

Nshama, a Dubai-based private real estate development company, was founded in 2014 by businessman Fred Durie. The company leverages the expertise of international development professionals to create thoughtfully planned communities that are convenient for residents, self-sufficient, and environmentally sustainable.

Nshama offers affordable and high-quality housing options, allowing customers to transition from renting to owning. One of the developer's first residential complexes was City Square residential complex, which includes townhouses and apartment buildings.

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