3-bed · 2,197 sqftAsayel 1, Umm Suqeim Third · 5th floor · completed 2023

503, Asayel 1

Sold prices and rental history: sold 3 times, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 13 May 2022
Last soldAED 4.7M13 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Asayel 1

What is 503 worth today?

Last sold for AED 4,700,000 in 2022

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13 May 2022SoldOff-plan
AED 4,700,000AED 2,139 per sqft
21 Mar 2022SoldOff-plan
AED 3,550,000AED 1,616 per sqft
5 Aug 2021Sold by developerOff-plan
AED 3,542,000AED 1,612 per sqft

Source: Dubai Land Department. Updated 13 May 2022.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
5th of 10
Parking
2
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 4.7M · May 2022
Building
Asayel 1

About 503, Asayel 1

503 is a three-bedroom apartment of 2,197 sqft on the 5th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 13 May 2022 for AED 4,700,000, or AED 2,139 per sqft, 28% above the AED 1,667 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Asayel 1
4M6M202020222024Typical sale price by year: 2020 AED 4,130,500; 2021 AED 3,581,000; 2022 AED 4,700,000; 2024 AED 7,000,000Sold by developer, August 2021: AED 3,542,000 (AED 1,612 per sqft)Sold, March 2022: AED 3,550,000 (AED 1,616 per sqft)Sold, May 2022: AED 4,700,000 (AED 2,139 per sqft)

503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

3-beds in Asayel 1, and where 503 sits

All 13 3-beds →

503 last sold in May 2022 at AED 2,139 per sqft, 28% above what three-beds in Asayel 1 were fetching at the time (AED 1,667). Over the last 12 months three-beds sold for AED 4,415,540 to 8,100,000, around AED 2,855 per sqft, and rent for AED 350,000 to 350,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jun 20264,415,540
6 Dec 20258,100,000
3 Sep 20244,000,000
4 Jun 20245,300,000
2 3-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
5011-bedAED 1.48M · Sep 2019
5024-bedAED 5.44M · Aug 2021
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

503, Asayel 1 in numbers

  • Sold 3 times: first on 5 August 2021 for AED 3,542,000, last on 13 May 2022 for AED 4,700,000 (AED 2,139 per sqft).
  • Three-beds in Asayel 1 sold for AED 4,415,540–8,100,000 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 13 May 2022.

Questions about 503, Asayel 1

What did unit 503 last sell for?

AED 4,700,000 on 13 May 2022: AED 2,139 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 3,542,000 in August 2021.

How big is unit 503?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Asayel 1 sold for AED 4,415,540 to 8,100,000 in the last 12 months, around AED 2,855 per sqft.

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Mortgage on 503, Asayel 1

Starts from the last sale price (AED 4.7M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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