2-bed · 1,604 sqftAsayel 1, Umm Suqeim Third · 4th floor · completed 2023

406, Asayel 1

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 17 October 2026
Last soldAED 2.72M19 September 2021
Current rentAED 195K /yr17 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Asayel 1

What is 406 worth today?

Last sold for AED 2,720,000 in 2021

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17 Oct 2026RentedNew contract
AED 195,000/yr12 months · AED 122 per sqft
3 Jan 2025RentedNew contract
AED 200,000/yr12 months · AED 125 per sqft
3 Jan 2025RentedNew contract
AED 200,000/yr12 months · AED 125 per sqft
19 Sep 2021Sold by developerOff-plan
AED 2,720,000AED 1,695 per sqft

Source: Dubai Land Department. Updated 17 October 2026.

Key facts

Type
2-bed apartment
Size
1,604 sqft
Floor
4th of 10
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 2.72M · September 2021
Building
Asayel 1

About 406, Asayel 1

406 is a two-bedroom apartment of 1,604 sqft on the 4th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 19 September 2021 for AED 2,720,000, or AED 1,695 per sqft, in line with the AED 1,679 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 17 October 2026, is AED 195,000 a year: a gross yield of 7.2% on the 2021 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Asayel 1
3M4M2019202120232025Typical sale price by year: 2019 AED 2,626,000; 2020 AED 2,654,000; 2021 AED 2,599,000; 2022 AED 2,900,000; 2023 AED 3,600,000; 2024 AED 3,800,000Sold by developer, September 2021: AED 2,720,000 (AED 1,695 per sqft)

406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Asayel 1
200K220K2024202520262027Typical rent by year: 2024 AED 200,000; 2025 AED 220,000; 2026 AED 212,502New contract, January 2025: AED 200,000 a yearNew contract, January 2025: AED 200,000 a yearNew contract, October 2026: AED 195,000 a year

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

2-beds in Asayel 1, and where 406 sits

All 34 2-beds →

406 last sold in September 2021 at AED 1,695 per sqft, in line with what two-beds in Asayel 1 were fetching at the time (AED 1,679). Over the last 12 months two-beds sold for AED 3,530,000 to 3,780,000, around AED 2,367 per sqft, and rent for AED 120,000 to 325,000 a year. 406's AED 195,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20263,780,000
23 Jan 20263,530,000
19 Jun 20254,150,000
14 Mar 20253,482,500
2 2-bed sales in the last 12 months

Asayel 1

Building

90 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development . 9 sold in the last 12 months.

Typical price per sqft
AED 2,414
Typical sale
AED 3.53M
Typical rent
AED 140K /yr
Typical yield
5.6%
Asayel 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 4th floor

All 90 units in Asayel 1
Value
4011-bedAED 1.47M · Aug 2021
4024-bedAED 7M · Jul 2022
4033-bedAED 8.1M · Dec 2025
4043-bedAED 4.55M · Dec 2021
4051-bedAED 1.53M · Aug 2021
4072-bedAED 3.5M · Feb 2024
4081-bedAED 1.81M · Jan 2023

406, Asayel 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 September 2021 for AED 2,720,000, or AED 1,695 per sqft.
  • Rented since January 2025 on 3 Ejari contracts, from AED 200,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2021 price is 7.2%.
  • Two-beds in Asayel 1 sold for AED 3,530,000–3,780,000 in the 12 months to November 2026; the building's median across all types is AED 2,414 per sqft.

Source: Dubai Land Department. Updated 17 October 2026.

Questions about 406, Asayel 1

What did unit 406 last sell for?

AED 2,720,000 on 19 September 2021, sold by the developer: AED 1,695 per sqft for 1,604 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 195,000 a year on the contract signed on 17 October 2026. The previous contract, from January 2025, was AED 200,000; the unit has been rented since January 2025.

How big is unit 406?

1,604 sqft (149.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2023.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Asayel 1 sold for AED 3,530,000 to 3,780,000 in the last 12 months, around AED 2,367 per sqft.

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Mortgage on 406, Asayel 1

Starts from the last sale price (AED 2.72M, 19 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,000
Deposit, UAE resident (20%)
AED 544,000
Deposit, non-resident (40%)
AED 1,088,000
Monthly over 25 years at 3.7%
AED 11,128

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