1-bed · 774 sqftAsayel 3, Umm Suqeim Third · 3rd floor · completed 2023

314, Asayel 3

Sold prices and rental history: sold twice, last in September 2022, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 1.58M19 September 2022
Current rentAED 133K /yr4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Asayel 3

What is 314 worth today?

Last sold for AED 1,580,000 in 2022

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4 Jul 2024RentedNew contract
AED 133,000/yr12 months · AED 172 per sqft
19 Sep 2022SoldOff-plan
AED 1,580,000AED 2,040 per sqft
13 Sep 2021Sold by developerOff-plan
AED 1,281,000AED 1,654 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
3rd of 8
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,700 /yr
Last sold
AED 1.58M · September 2022
Building
Asayel 3

About 314, Asayel 3

314 is a one-bedroom apartment of 774 sqft on the 3rd floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 19 September 2022 for AED 1,580,000, or AED 2,040 per sqft, 18% above the AED 1,728 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 July 2024. The current contract, signed on 4 July 2024, is AED 133,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical one-bed in Asayel 3
1.5M2M20212022202320242025Typical 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, September 2021: AED 1,281,000 (AED 1,654 per sqft)Sold, September 2022: AED 1,580,000 (AED 2,040 per sqft)

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

Rents
Unit 314, each contractTypical one-bed in Asayel 3
120K130K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 125,000New contract, July 2024: AED 133,000 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 3, and where 314 sits

All 66 1-beds →

314 last sold in September 2022 at AED 2,040 per sqft, 18% above what one-beds in Asayel 3 were fetching at the time (AED 1,728). 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. 314's AED 133,000 is in the lower half of that range.

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 170K /yr
Typical yield
6.3%
Asayel 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 130 units in Asayel 3
Value
3011-bedAED 3M · Jun 2024
3021-bedAED 1.85M · May 2023
3032-bedAED 2.8M · Feb 2023
3042-bedAED 2.03M · Mar 2021
3051-bedAED 2.14M · Apr 2023
3061-bedAED 2.25M · Jul 2024
3071-bedAED 1.41M · Apr 2021
1–7 of 15

314, Asayel 3 in numbers

  • Sold twice: first on 13 September 2021 for AED 1,281,000, last on 19 September 2022 for AED 1,580,000 (AED 2,040 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 133,000 a year.
  • At AED 133,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 12,700 a year (AED 16.40 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 4 July 2024.

Questions about 314, Asayel 3

What did unit 314 last sell for?

AED 1,580,000 on 19 September 2022: AED 2,040 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 1,281,000 in September 2021.

What is the rent for unit 314?

AED 133,000 a year on the contract signed on 4 July 2024.

How big is unit 314?

774 sqft (71.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 314 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 314, Asayel 3

Starts from the last sale price (AED 1.58M, 19 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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