505, Asayel 1
Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Asayel 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 5th of 10
- Parking
- B-145
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Last sold
- AED 1.8M · July 2024
- Building
- Asayel 1
About 505, Asayel 1
505 is a one-bedroom apartment of 869 sqft on the 5th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development. It last sold on 1 July 2024 for AED 1,800,000, or AED 2,071 per sqft, 16% below the AED 2,458 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 31 1-beds →505 last sold in July 2024 at AED 2,071 per sqft, 16% below what one-beds in Asayel 1 were fetching at the time (AED 2,458). 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.
| 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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 875 sqft | AED 1.48MAED 1,484,000 · Sep 2019September 2019 | 125,000 /yr | |
| 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 | ||
| 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 |
505, Asayel 1 in numbers
- Sold twice: first on 15 July 2020 for AED 1,547,000, last on 1 July 2024 for AED 1,800,000 (AED 2,071 per sqft).
- 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 1 July 2024.
Questions about 505, Asayel 1
What did unit 505 last sell for?
AED 1,800,000 on 1 July 2024: AED 2,071 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 1,547,000 in July 2020.
How big is unit 505?
869 sqft (80.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.
What is unit 505 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 505, Asayel 1
Starts from the last sale price (AED 1.8M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →