1-bed · 774 sqftAsayel 3, Umm Suqeim Third · 5th floor · completed 2023

501, Asayel 3

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 1.78M3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Asayel 3

What is 501 worth today?

Last sold for AED 1,775,000 in 2023

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3 Apr 2023SoldOff-plan
AED 1,775,000AED 2,292 per sqft
12 Apr 2021Sold by developerOff-plan
AED 1,302,000AED 1,681 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
5th of 8
Parking
B-17
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,700 /yr
Last sold
AED 1.78M · April 2023
Building
Asayel 3

About 501, Asayel 3

501 is a one-bedroom apartment of 774 sqft on the 5th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 3 April 2023 for AED 1,775,000, or AED 2,292 per sqft, 12% above the AED 2,040 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, April 2021: AED 1,302,000 (AED 1,681 per sqft)Sold, April 2023: AED 1,775,000 (AED 2,292 per sqft)

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

Rents
Unit 501, 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 501 sits

All 66 1-beds →

501 last sold in April 2023 at AED 2,292 per sqft, 12% above what one-beds in Asayel 3 were fetching at the time (AED 2,040). 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 170K /yr
Typical yield
6.3%
Asayel 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 130 units in Asayel 3
Value
5021-bedAED 1.43M · Apr 2022
5032-bedAED 2.65M · Jan 2023
5042-bedAED 2.07M · Aug 2021
5051-bedAED 1.44M · Apr 2021
5061-bedAED 1.43M · Apr 2021
5071-bedAED 1.43M · Aug 2021
5082-bedAED 2.44M · Apr 2021
1–7 of 15

501, Asayel 3 in numbers

  • Sold twice: first on 12 April 2021 for AED 1,302,000, last on 3 April 2023 for AED 1,775,000 (AED 2,292 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 3 April 2023.

Questions about 501, Asayel 3

What did unit 501 last sell for?

AED 1,775,000 on 3 April 2023: AED 2,292 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 1,302,000 in April 2021.

How big is unit 501?

774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 501 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 501, Asayel 3

Starts from the last sale price (AED 1.78M, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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