501, Asayel 1
Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Asayel 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Last sold
- AED 1.48M · September 2019
- Building
- Asayel 1
About 501, Asayel 1
501 is a one-bedroom apartment of 875 sqft on the 5th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development. The developer sold it on 15 September 2019 for AED 1,484,000, or AED 1,695 per sqft.
One Ejari contract is registered, from 20 July 2025. The current contract, signed on 20 July 2025, is AED 125,000 a year: a gross yield of 8.4% on the 2019 price.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Asayel 1, and where 501 sits
All 31 1-beds →Over the last 12 months one-beds sold for AED 1,950,000, around AED 2,396 per sqft, and rent for AED 120,000 to 135,000 a year. 501's AED 125,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 814 sqft | 1,950,000 | 2,396 | ||
| 11 Dec 202411 December 2024 | 870 sqft | 2,000,000 | 2,299 | ||
| 28 Nov 202428 November 2024 | 870 sqft | 2,300,000 | 2,644 | ||
| 30 Oct 202430 October 2024 | 813 sqft | 1,890,000 | 2,325 |
Asayel 1
Building90 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,463
- Typical sale
- AED 3.66M
- Typical rent
- AED 208K /yr
- Typical yield
- 6.1%
Other units on the 5th floor
All 90 units in Asayel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 4-bed | 3,045 sqft | AED 5.44MAED 5,436,000 · Aug 2021August 2021 | ||
| 503 | 3-bed | 2,197 sqft | AED 4.7MAED 4,700,000 · May 2022May 2022 | ||
| 504 | 3-bed | 2,657 sqft | AED 8.1MAED 8,100,000 · Apr 2024April 2024 | ||
| 505 | 1-bed | 869 sqft | AED 1.8MAED 1,800,000 · Jul 2024July 2024 | ||
| 506 | 2-bed | 1,604 sqft | AED 2.74MAED 2,736,000 · Jun 2020June 2020 | 200,004 /yr | |
| 507 | 2-bed | 1,494 sqft | AED 3.42MAED 3,420,000 · Nov 2023November 2023 | ||
| 508 | 1-bed | 814 sqft | AED 2.25MAED 2,250,000 · Dec 2023December 2023 | 130,000 /yr |
501, Asayel 1 in numbers
- Sold once: by Jumeirah Hills Development on 15 September 2019 for AED 1,484,000, or AED 1,695 per sqft.
- Rented since July 2025 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2019 price is 8.4%.
- One-beds in Asayel 1 sold for AED 1,950,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 2,463 per sqft.
Source: Dubai Land Department. Updated 20 July 2025.
Questions about 501, Asayel 1
What did unit 501 last sell for?
AED 1,484,000 on 15 September 2019, sold by the developer: AED 1,695 per sqft for 875 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 125,000 a year on the contract signed on 20 July 2025.
How big is unit 501?
875 sqft (81.3 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Asayel 1 sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 2,396 per sqft.
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Mortgage on 501, Asayel 1
Starts from the last sale price (AED 1.48M, 15 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,484,000
- Deposit, UAE resident (20%)
- AED 296,800
- Deposit, non-resident (40%)
- AED 593,600
- Monthly over 25 years at 3.7%
- AED 6,072
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →