2-bed · 1,356 sqftAsayel 2, Umm Suqeim Third · 4th floor · completed 2023

404, Asayel 2

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

Unit 404 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 2.3M26 July 2021
Current rentAED 185K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Asayel 2

What is 404 worth today?

Last sold for AED 2,302,000 in 2021

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10 Mar 2025RentedRenewal
AED 185,000/yr12 months · AED 136 per sqft
10 Mar 2024RentedNew contract
AED 185,000/yr12 months · AED 136 per sqft
26 Jul 2021Sold by developerOff-plan
AED 2,302,000AED 1,698 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,356 sqft
Floor
4th of 7
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 22,200 /yr
Last sold
AED 2.3M · July 2021
Building
Asayel 2

About 404, Asayel 2

404 is a two-bedroom apartment of 1,356 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 July 2021 for AED 2,302,000, or AED 1,698 per sqft, in line with the AED 1,657 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 185,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 22,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, July 2021: AED 2,302,000 (AED 1,698 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Asayel 2
180K200K220K202420252026Typical rent by year: 2024 AED 200,000; 2025 AED 220,000New contract, March 2024: AED 185,000 a yearRenewal, March 2025: AED 185,000 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 404 sits

All 25 2-beds →

404 last sold in July 2021 at AED 1,698 per sqft, in line with what two-beds in Asayel 2 were fetching at the time (AED 1,657). 404's AED 185,000 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 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
4031-bedAED 1.57M · Oct 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

404, Asayel 2 in numbers

  • Sold once: by Jumeirah Hills Development on 26 July 2021 for AED 2,302,000, or AED 1,698 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 22,200 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 404, Asayel 2

What did unit 404 last sell for?

AED 2,302,000 on 26 July 2021, sold by the developer: AED 1,698 per sqft for 1,356 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 185,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 185,000.

How big is unit 404?

1,356 sqft (126.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2023.

What is unit 404 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 404, Asayel 2

Starts from the last sale price (AED 2.3M, 26 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,302,000
Deposit, UAE resident (20%)
AED 460,400
Deposit, non-resident (40%)
AED 920,800
Monthly over 25 years at 3.7%
AED 9,418

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