Ascot Residences in Town Square
Launch Price
AED 850,000
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
10/40/10/40
Handover
TBC
Projected Yield
5.9 to 8.1%
Ascot Residences introduces studio, 1 - 3 beds apartments to Town Square, Dubai, starting from AED 850,000. Payment plan options are available directly through the developer. Gross rental yield is projected 5.9 to 8.1% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Ascot Residences and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 6,071. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 85,000 Due on signing SPA | |
| Construction Phase 1 | 40% | AED 22,667/mo 15 months | |
| Construction Phase 2 | 10% | AED 6,071/mo 14 months | |
| On Handover | 40% | AED 340,000 Due at TBC | |
| Total | 100% | AED 850,000 |
Questions about Ascot Residences
What payment plan does Ascot Residences offer?
Ascot Residences uses a 10/40/10/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Ascot Residences fits your budget and send you comparable alternatives.
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