2-bed · 1,494 sqftAsayel 1, Umm Suqeim Third · 4th floor · completed 2023

407, Asayel 1

Sold prices and rental history: sold twice, last in February 2024, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 3.5M7 February 2024
Current rentAED 215K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Asayel 1

What is 407 worth today?

Last sold for AED 3,500,000 in 2024

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1 Dec 2025RentedRenewal
AED 215,000/yr12 months · AED 144 per sqft
7 Feb 2024SoldReady
AED 3,500,000AED 2,342 per sqft
14 Apr 2021Sold by developerOff-plan
AED 2,600,000AED 1,741 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Floor
4th of 10
Parking
B-307
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 3.5M · February 2024
Building
Asayel 1

About 407, Asayel 1

407 is a two-bedroom apartment of 1,494 sqft on the 4th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 7 February 2024 for AED 3,500,000, or AED 2,342 per sqft, in line with the AED 2,337 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2025. The current contract, renewed on 1 December 2025, is AED 215,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, April 2021: AED 2,600,000 (AED 1,741 per sqft)Sold, February 2024: AED 3,500,000 (AED 2,342 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Asayel 1
200K210K220K2024202520262027Typical rent by year: 2024 AED 200,000; 2025 AED 220,000; 2026 AED 212,502Renewal, December 2025: AED 215,000 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 407 sits

All 34 2-beds →

407 last sold in February 2024 at AED 2,342 per sqft, in line with what two-beds in Asayel 1 were fetching at the time (AED 2,337). 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. 407's AED 215,000 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
4062-bedAED 2.72M · Sep 2021
4081-bedAED 1.81M · Jan 2023

407, Asayel 1 in numbers

  • Sold twice: first on 14 April 2021 for AED 2,600,000, last on 7 February 2024 for AED 3,500,000 (AED 2,342 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 1 December 2025.

Questions about 407, Asayel 1

What did unit 407 last sell for?

AED 3,500,000 on 7 February 2024: AED 2,342 per sqft for 1,494 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in April 2021.

What is the rent for unit 407?

AED 215,000 a year on the contract renewed on 1 December 2025.

How big is unit 407?

1,494 sqft (138.8 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2023.

What is unit 407 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 407, Asayel 1

Starts from the last sale price (AED 3.5M, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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