503, Asayel 3
Sold prices and rental history: sold twice, last in January 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Asayel 3
What is 503 worth today?
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Source: Dubai Land Department. Updated 21 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,295 sqft
- Floor
- 5th of 8
- Parking
- B-06
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.65M · January 2023
- Building
- Asayel 3
About 503, Asayel 3
503 is a two-bedroom apartment of 1,295 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 17 January 2023 for AED 2,650,000, or AED 2,046 per sqft, in line with the AED 2,108 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 21 March 2025, is AED 210,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 21,200 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Asayel 3, and where 503 sits
All 57 2-beds →503 last sold in January 2023 at AED 2,046 per sqft, in line with what two-beds in Asayel 3 were fetching at the time (AED 2,108). Over the last 12 months two-beds sold for AED 2,918,382 to 3,475,000, around AED 2,483 per sqft, and rent for AED 175,000 to 275,000 a year. 503's AED 210,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,130 sqft | 3,475,000 | 3,076 | ||
| 26 Jan 202626 January 2026 | 1,544 sqft | 2,918,382 | 1,890 | ||
| 20 Jun 202520 June 2025 | 1,323 sqft | 4,120,000 | 3,113 | ||
| 9 Jun 20259 June 2025 | 1,373 sqft | 4,150,000 | 3,023 |
Asayel 3
Building130 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%
Other units on the 5th floor
All 130 units in Asayel 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 774 sqft | AED 1.78MAED 1,775,000 · Apr 2023April 2023 | ||
| 502 | 1-bed | 768 sqft | AED 1.43MAED 1,425,000 · Apr 2022April 2022 | ||
| 504 | 2-bed | 1,102 sqft | AED 2.07MAED 2,065,000 · Aug 2021August 2021 | ||
| 505 | 1-bed | 793 sqft | AED 1.44MAED 1,437,000 · Apr 2021April 2021 | ||
| 506 | 1-bed | 770 sqft | AED 1.43MAED 1,426,000 · Apr 2021April 2021 | ||
| 507 | 1-bed | 773 sqft | AED 1.43MAED 1,426,000 · Aug 2021August 2021 | ||
| 508 | 2-bed | 1,319 sqft | AED 2.44MAED 2,443,000 · Apr 2021April 2021 | 235,000 /yr | |
| 509 | 2-bed | 1,088 sqft | AED 3.55MAED 3,550,000 · Oct 2023October 2023 | ||
| 510 | 2-bed | 1,186 sqft | AED 3.38MAED 3,375,000 · Dec 2023December 2023 | ||
| 511 | 2-bed | 1,281 sqft | AED 3.55MAED 3,550,000 · May 2024May 2024 | ||
| 512 | 2-bed | 1,101 sqft | AED 2.65MAED 2,650,000 · Jan 2023January 2023 | 318,000 /yr | |
| 513 | 1-bed | 773 sqft | AED 1.3MAED 1,300,000 · Aug 2021August 2021 | 125,000 /yr | |
| 514 | 1-bed | 774 sqft | AED 2.05MAED 2,050,000 · Feb 2023February 2023 | 110,000 /yr | |
| 515 | 1-bed | 774 sqft | AED 1.3MAED 1,301,000 · Aug 2021August 2021 | ||
| 516 | 1-bed | 776 sqft | AED 1.78MAED 1,775,000 · Mar 2023March 2023 |
503, Asayel 3 in numbers
- Sold twice: first on 5 December 2021 for AED 2,094,000, last on 17 January 2023 for AED 2,650,000 (AED 2,046 per sqft).
- Rented since March 2024 on 2 Ejari contracts, at AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 21,200 a year (AED 16.40 per sqft).
- Two-beds in Asayel 3 sold for AED 2,918,382–3,475,000 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 21 March 2025.
Questions about 503, Asayel 3
What did unit 503 last sell for?
AED 2,650,000 on 17 January 2023: AED 2,046 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 2,094,000 in December 2021.
What is the rent for unit 503?
AED 210,000 a year on the contract renewed on 21 March 2025. The previous contract, from March 2024, was AED 210,000.
How big is unit 503?
1,295 sqft (120.3 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Asayel 3 sold for AED 2,918,382 to 3,475,000 in the last 12 months, around AED 2,483 per sqft.
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Mortgage on 503, Asayel 3
Starts from the last sale price (AED 2.65M, 17 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →