541 sqftAsayel 3, Umm Suqeim Third · 7th floor · completed 2023

704, 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.

Unit 704 · DLD and Ejari recordsUpdated 27 March 2025
Last soldAED 3M12 January 2023
Current rentAED 220K /yr27 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Asayel 3

What is 704 worth today?

Last sold for AED 3,000,000 in 2023

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27 Mar 2025RentedRenewal
AED 220,000/yr12 months · AED 203 per sqft
27 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 203 per sqft
12 Jan 2023SoldOff-plan
AED 3,000,000AED 2,769 per sqft
12 Apr 2021Sold by developerOff-plan
AED 2,052,000AED 1,894 per sqft

Source: Dubai Land Department. Updated 27 March 2025.

Key facts

Type
Apartment
Size
541 sqft
Floor
7th of 8
Parking
B-353
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 3M · January 2023
Building
Asayel 3

About 704, Asayel 3

704 is an apartment of 541 sqft on the 7th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 12 January 2023 for AED 3,000,000, or AED 2,769 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 27 March 2025, is AED 220,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 8,900 a year.

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 7th floor

All 130 units in Asayel 3
Value
7011-bedAED 2.6M · Oct 2023
7021-bedAED 1.32M · Aug 2021
7032-bedAED 2.15M · Apr 2021
7052-bedAED 2.48M · Apr 2021
7062-bedAED 2.05M · Jan 2021
7072-bedAED 2.23M · Sep 2021
7081-bedAED 2M · Jan 2024
1–7 of 10

704, Asayel 3 in numbers

  • Sold twice: first on 12 April 2021 for AED 2,052,000, last on 12 January 2023 for AED 3,000,000 (AED 2,769 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 8,900 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 27 March 2025.

Questions about 704, Asayel 3

What did unit 704 last sell for?

AED 3,000,000 on 12 January 2023: AED 2,769 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 2,052,000 in April 2021.

What is the rent for unit 704?

AED 220,000 a year on the contract renewed on 27 March 2025. The previous contract, from March 2024, was AED 220,000.

How big is unit 704?

541 sqft (50.3 sqm): an apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 704 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 704, Asayel 3

Starts from the last sale price (AED 3M, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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