2-bed · 1,359 sqftAsayel 2, Umm Suqeim Third · 3rd floor · completed 2023

311, Asayel 2

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 2.51M10 August 2021
Current rentAED 22K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Asayel 2

What is 311 worth today?

Last sold for AED 2,510,000 in 2021

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20 Mar 2025RentedRenewal · flagged as an outlier
AED 22,000/yr12 months · AED 16 per sqft
20 Mar 2025RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
20 Mar 2024RentedNew contract
AED 210,000/yr12 months · AED 155 per sqft
10 Aug 2021Sold by developerOff-plan
AED 2,510,000AED 1,846 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
3rd of 7
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 22,300 /yr
Last sold
AED 2.51M · August 2021
Building
Asayel 2

About 311, Asayel 2

311 is a two-bedroom apartment of 1,359 sqft on the 3rd floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 10 August 2021 for AED 2,510,000, or AED 1,846 per sqft, 11% above the AED 1,666 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 22,000 a year: a gross yield of 0.9% on the 2021 price, before the service charge of about AED 22,300 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Asayel 2
2.5M3M3.5M20212022202320242025Typical sale price by year: 2021 AED 2,275,000; 2023 AED 3,200,000; 2024 AED 3,375,000Sold by developer, August 2021: AED 2,510,000 (AED 1,846 per sqft)

311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 311, each contractTypical two-bed in Asayel 2
200K210K220K202420252026Typical rent by year: 2024 AED 200,000; 2025 AED 220,000New contract, March 2024: AED 210,000 a yearNew contract, March 2025: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Asayel 2, and where 311 sits

All 25 2-beds →

311 last sold in August 2021 at AED 1,846 per sqft, 11% above what two-beds in Asayel 2 were fetching at the time (AED 1,666). 311's AED 22,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Mar 20254,100,000
18 Nov 20243,400,000
11 Oct 20243,500,000
1 Oct 20243,350,000
0 2-bed sales in the last 12 months

Asayel 2

Building

88 apartments, 1-bed to 4-bed over 7 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 150K /yr
Typical yield
Asayel 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 88 units in Asayel 2
Value
3011-bedAED 1.51M · Sep 2021
3021-bedAED 1.58M · Sep 2022
3031-bedAED 1.96M · Apr 2023
3042-bedAED 2.28M · Aug 2021
3051-bedAED 1.8M · Apr 2023
3062-bedAED 2.24M · Jul 2021
3071-bedAED 1.53M · Jun 2021
1–7 of 12

311, Asayel 2 in numbers

  • Sold once: by Jumeirah Hills Development on 10 August 2021 for AED 2,510,000, or AED 1,846 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, from AED 210,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2021 price is 0.9%, before a service charge of about AED 22,300 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 20 March 2025.

Questions about 311, Asayel 2

What did unit 311 last sell for?

AED 2,510,000 on 10 August 2021, sold by the developer: AED 1,846 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 22,000 a year on the contract renewed on 20 March 2025. The previous contract, from March 2025, was AED 220,000; the unit has been rented since March 2024.

How big is unit 311?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2023.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 311, Asayel 2

Starts from the last sale price (AED 2.51M, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,000
Deposit, UAE resident (20%)
AED 502,000
Deposit, non-resident (40%)
AED 1,004,000
Monthly over 25 years at 3.7%
AED 10,269

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →