1-bed · 802 sqftAsayel 2, Umm Suqeim Third · 4th floor · completed 2023

403, Asayel 2

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

Unit 403 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.57M26 October 2021
Current rentAED 120K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Asayel 2

What is 403 worth today?

Last sold for AED 1,568,000 in 2021

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1 May 2024RentedNew contract
AED 120,000/yr12 months · AED 150 per sqft
26 Oct 2021Sold by developerOff-plan
AED 1,568,000AED 1,954 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
4th of 7
Parking
B-82
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 13,100 /yr
Last sold
AED 1.57M · October 2021
Building
Asayel 2

About 403, Asayel 2

403 is a one-bedroom apartment of 802 sqft on the 4th floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 26 October 2021 for AED 1,568,000, or AED 1,954 per sqft, 10% above the AED 1,781 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 120,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 13,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Asayel 2
1.5M2M202120232025Typical sale price by year: 2021 AED 1,477,000; 2022 AED 1,615,000; 2023 AED 1,900,000; 2024 AED 2,000,000; 2025 AED 2,200,000Sold by developer, October 2021: AED 1,568,000 (AED 1,954 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Asayel 2
120K125K202420252026Typical rent by year: 2024 AED 127,500; 2025 AED 125,000New contract, May 2024: AED 120,000 a year

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

1-beds in Asayel 2, and where 403 sits

All 54 1-beds →

403 last sold in October 2021 at AED 1,954 per sqft, 10% above what one-beds in Asayel 2 were fetching at the time (AED 1,781). 403's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jul 20252,250,000
21 Jan 20252,100,000
10 Jan 20252,200,000
11 Sep 20241,820,000
0 1-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 148K /yr
Typical yield
Asayel 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 4th floor

All 88 units in Asayel 2
Value
4011-bedAED 2.05M · Sep 2023
4021-bedAED 1.9M · Mar 2023
4042-bedAED 2.3M · Jul 2021
4051-bedAED 1.8M · Aug 2023
4062-bedAED 3.1M · Dec 2022
4071-bedAED 1.85M · Apr 2023
4081-bedAED 1.31M · Aug 2021
1–7 of 12

403, Asayel 2 in numbers

  • Sold once: by Jumeirah Hills Development on 26 October 2021 for AED 1,568,000, or AED 1,954 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 13,100 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 403, Asayel 2

What did unit 403 last sell for?

AED 1,568,000 on 26 October 2021, sold by the developer: AED 1,954 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 120,000 a year on the contract signed on 1 May 2024.

How big is unit 403?

802 sqft (74.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2023.

What is unit 403 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 403, Asayel 2

Starts from the last sale price (AED 1.57M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,568,000
Deposit, UAE resident (20%)
AED 313,600
Deposit, non-resident (40%)
AED 627,200
Monthly over 25 years at 3.7%
AED 6,415

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