1-bed · 438 sqftAsayel 1, Umm Suqeim Third · 5th floor · completed 2023

501, Asayel 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.48M15 September 2019
Current rentAED 113K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Asayel 1

What is 501 worth today?

Last sold for AED 1,484,000 in 2019

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20 Jul 2026RentedRenewal
AED 112,500/yr12 months · AED 128 per sqft
20 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
20 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
15 Sep 2019Sold by developerOff-plan
AED 1,484,000AED 1,695 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
438 sqft
Floor
5th of 10
Parking
B-153
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 1.48M · September 2019
Building
Asayel 1

About 501, Asayel 1

501 is a one-bedroom apartment of 438 sqft on the 5th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 15 September 2019 for AED 1,484,000, or AED 1,695 per sqft.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 112,500 a year: a gross yield of 7.6% on the 2019 price.

Sales and rents for 501 over time

Sales
Unit 501, 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, September 2019: AED 1,484,000 (AED 1,695 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Asayel 1
110K120K130K2024202520262027Typical rent by year: 2024 AED 130,000; 2025 AED 127,500; 2026 AED 121,327New contract, July 2025: AED 125,000 a yearNew contract, July 2025: AED 125,000 a yearRenewal, July 2026: AED 112,500 a year

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 501 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. 501's AED 112,500 is in the lower half of that range.

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 5th floor

All 90 units in Asayel 1
Value
5024-bedAED 5.44M · Aug 2021
5033-bedAED 4.7M · May 2022
5043-bedAED 8.1M · Apr 2024
5051-bedAED 2.5M · Mar 2026
5062-bedAED 2.74M · Jun 2020
5072-bedAED 3.42M · Nov 2023
5081-bedAED 2.25M · Dec 2023

501, Asayel 1 in numbers

  • Sold once: by Jumeirah Hills Development on 15 September 2019 for AED 1,484,000, or AED 1,695 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, from AED 125,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2019 price is 7.6%.
  • 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 20 July 2026.

Questions about 501, Asayel 1

What did unit 501 last sell for?

AED 1,484,000 on 15 September 2019, sold by the developer: AED 1,695 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 112,500 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since July 2025.

How big is unit 501?

438 sqft (40.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.

What is unit 501 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 501, Asayel 1

Starts from the last sale price (AED 1.48M, 15 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,484,000
Deposit, UAE resident (20%)
AED 296,800
Deposit, non-resident (40%)
AED 593,600
Monthly over 25 years at 3.7%
AED 6,072

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