1-bed · 816 sqftAsayel 1, Umm Suqeim Third · 4th floor · completed 2023

408, Asayel 1

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

Unit 408 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 1.81M6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Asayel 1

What is 408 worth today?

Last sold for AED 1,810,000 in 2023

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6 Jan 2023SoldOff-plan
AED 1,810,000AED 2,217 per sqft
7 Oct 2021Sold by developerOff-plan
AED 1,434,000AED 1,757 per sqft

Source: Dubai Land Department. Updated 6 January 2023.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 10
Parking
B-308
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 1.81M · January 2023
Building
Asayel 1

About 408, Asayel 1

408 is a one-bedroom apartment of 816 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 6 January 2023 for AED 1,810,000, or AED 2,217 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Asayel 1
1.5M2M20192021202320252027Typical sale price by year: 2019 AED 1,505,000; 2020 AED 1,451,000; 2021 AED 1,449,000; 2023 AED 1,880,000; 2024 AED 2,000,000; 2026 AED 2,100,000Sold by developer, October 2021: AED 1,434,000 (AED 1,757 per sqft)Sold, January 2023: AED 1,810,000 (AED 2,217 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Asayel 1
120K125K130K2024202520262027Typical rent by year: 2024 AED 130,000; 2025 AED 127,500; 2026 AED 121,327

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

1-beds in Asayel 1, and where 408 sits

All 33 1-beds →

Over the last 12 months one-beds sold for AED 1,500,000 to 2,500,000, around AED 2,405 per sqft, and rent for AED 90,000 to 155,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 20261,500,000
27 Mar 20262,500,000
19 Feb 20262,100,000
24 Dec 20251,950,000
4 1-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
4072-bedAED 3.5M · Feb 2024

408, Asayel 1 in numbers

  • Sold twice: first on 7 October 2021 for AED 1,434,000, last on 6 January 2023 for AED 1,810,000 (AED 2,217 per sqft).
  • One-beds in Asayel 1 sold for AED 1,500,000–2,500,000 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 6 January 2023.

Questions about 408, Asayel 1

What did unit 408 last sell for?

AED 1,810,000 on 6 January 2023: AED 2,217 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 1,434,000 in October 2021.

How big is unit 408?

816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2023.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Asayel 1 sold for AED 1,500,000 to 2,500,000 in the last 12 months, around AED 2,405 per sqft.

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Mortgage on 408, Asayel 1

Starts from the last sale price (AED 1.81M, 6 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,810,000
Deposit, UAE resident (20%)
AED 362,000
Deposit, non-resident (40%)
AED 724,000
Monthly over 25 years at 3.7%
AED 7,405

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