1-bed · 836 sqftAsayel 3, Umm Suqeim Third · 1st floor · completed 2023

116, Asayel 3

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.

Unit 116 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.14M2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Asayel 3

What is 116 worth today?

Last sold for AED 2,140,000 in 2024

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2 Jul 2024SoldReady
AED 2,140,000AED 2,559 per sqft
1 Apr 2021Sold by developerOff-plan
AED 1,224,000AED 1,455 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
1st of 8
Parking
B-19
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 13,700 /yr
Last sold
AED 2.14M · July 2024
Building
Asayel 3

About 116, Asayel 3

116 is a one-bedroom apartment of 836 sqft on the 1st floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 2 July 2024 for AED 2,140,000, or AED 2,559 per sqft, in line with the AED 2,590 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Asayel 3
1.5M2M202120232025Typical sale price by year: 2021 AED 1,305,000; 2022 AED 1,500,000; 2023 AED 1,837,500; 2024 AED 2,200,000Sold by developer, April 2021: AED 1,224,000 (AED 1,455 per sqft)Sold, July 2024: AED 2,140,000 (AED 2,559 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Asayel 3
115K120K125K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 125,000

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

1-beds in Asayel 3, and where 116 sits

All 66 1-beds →

116 last sold in July 2024 at AED 2,559 per sqft, in line with what one-beds in Asayel 3 were fetching at the time (AED 2,590). Over the last 12 months one-beds sold for AED 2,075,000 to 2,450,000, around AED 2,561 per sqft, and rent for AED 120,000 to 165,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20262,450,000
9 Jan 20262,075,000
12 Jun 20252,380,000
24 Jan 20252,230,000
2 1-bed sales in the last 12 months

Asayel 3

Building

130 apartments, 1-bed to 2-bed over 8 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development . 4 sold in the last 12 months.

Typical price per sqft
AED 2,561
Typical sale
AED 2.68M
Typical rent
AED 165K /yr
Typical yield
6.3%
Asayel 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 130 units in Asayel 3
Value
1011-bedAED 1.23M · Apr 2021
1021-bedAED 2.25M · Oct 2024
1032-bedAED 2.7M · Apr 2023
1042-bedAED 1.96M · Apr 2021
1051-bedAED 2.05M · Sep 2023
1061-bedAED 2.05M · Aug 2024
1071-bedAED 1.36M · Aug 2021
1–7 of 15

116, Asayel 3 in numbers

  • Sold twice: first on 1 April 2021 for AED 1,224,000, last on 2 July 2024 for AED 2,140,000 (AED 2,559 per sqft).
  • One-beds in Asayel 3 sold for AED 2,075,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,561 per sqft.

Source: Dubai Land Department. Updated 2 July 2024.

Questions about 116, Asayel 3

What did unit 116 last sell for?

AED 2,140,000 on 2 July 2024: AED 2,559 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 1,224,000 in April 2021.

How big is unit 116?

836 sqft (77.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Asayel 3 sold for AED 2,075,000 to 2,450,000 in the last 12 months, around AED 2,561 per sqft.

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Mortgage on 116, Asayel 3

Starts from the last sale price (AED 2.14M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,140,000
Deposit, UAE resident (20%)
AED 428,000
Deposit, non-resident (40%)
AED 856,000
Monthly over 25 years at 3.7%
AED 8,755

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