502, Asayel 1
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Asayel 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 3,040 sqft
- Floor
- 5th of 10
- Parking
- B-273, B-274
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Last sold
- AED 5.44M · August 2021
- Building
- Asayel 1
About 502, Asayel 1
502 is a four-bedroom apartment of 3,040 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 8 August 2021 for AED 5,436,000, or AED 1,785 per sqft, in line with the AED 1,821 four-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 August 2026. The current contract, signed on 20 August 2026, is AED 325,000 a year: a gross yield of 6.0% on the 2021 price.
Sales and rents for 502 over time
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Asayel 1, and where 502 sits
All 10 4-beds →502 last sold in August 2021 at AED 1,785 per sqft, in line with what four-beds in Asayel 1 were fetching at the time (AED 1,821). Over the last 12 months four-beds sold for AED 12,000,000, around AED 3,057 per sqft, and rent for AED 325,000 to 550,000 a year. 502's AED 325,000 is at the bottom of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Mar 202618 March 2026 | 3,925 sqft | 12,000,000 | 3,057 | ||
| 23 Jun 202523 June 2025 | 3,743 sqft | 8,900,000 | 2,377 | ||
| 3 Sep 20243 September 2024 | 3,132 sqft | 5,734,960 | 1,831 | ||
| 2 Feb 20232 February 2023 | 3,727 sqft | 7,900,000 | 2,119 |
Asayel 1
Building90 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%
Other units on the 5th floor
All 90 units in Asayel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 438 sqft | AED 1.48MAED 1,484,000 · Sep 2019September 2019 | 112,500 /yr | |
| 503 | 3-bed | 2,197 sqft | AED 4.7MAED 4,700,000 · May 2022May 2022 | ||
| 504 | 3-bed | 2,657 sqft | AED 8.1MAED 8,100,000 · Apr 2024April 2024 | ||
| 505 | 1-bed | 869 sqft | AED 2.5MAED 2,500,000 · Mar 2026March 2026 | ||
| 506 | 2-bed | 1,604 sqft | AED 2.74MAED 2,736,000 · Jun 2020June 2020 | 200,004 /yr | |
| 507 | 2-bed | 1,494 sqft | AED 3.42MAED 3,420,000 · Nov 2023November 2023 | ||
| 508 | 1-bed | 814 sqft | AED 2.25MAED 2,250,000 · Dec 2023December 2023 | 130,000 /yr |
502, Asayel 1 in numbers
- Sold once: by Jumeirah Hills Development on 8 August 2021 for AED 5,436,000, or AED 1,785 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 325,000 a year.
- At AED 325,000 a year the gross yield on the 2021 price is 6.0%.
- Four-beds in Asayel 1 sold for AED 12,000,000–12,000,000 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 August 2026.
Questions about 502, Asayel 1
What did unit 502 last sell for?
AED 5,436,000 on 8 August 2021, sold by the developer: AED 1,785 per sqft for 3,040 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 325,000 a year on the contract signed on 20 August 2026.
How big is unit 502?
3,040 sqft (282.4 sqm): a four-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Asayel 1 sold for AED 12,000,000 to 12,000,000 in the last 12 months, around AED 3,057 per sqft.
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Mortgage on 502, Asayel 1
Starts from the last sale price (AED 5.44M, 8 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 5,436,000
- Deposit, UAE resident (20%)
- AED 1,087,200
- Deposit, non-resident (40%)
- AED 2,174,400
- Monthly over 25 years at 3.7%
- AED 22,240
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →