1-bed · 869 sqftAsayel 1, Umm Suqeim Third · 5th floor · completed 2023

505, Asayel 1

Sold prices and rental history: sold 3 times, last in March 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 2.5M27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Asayel 1

What is 505 worth today?

Last sold for AED 2,500,000 in 2026

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27 Mar 2026SoldReady
AED 2,500,000AED 2,876 per sqft
1 Jul 2024SoldReady
AED 1,800,000AED 2,071 per sqft
15 Jul 2020Sold by developerOff-plan
AED 1,547,000AED 1,777 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
5th of 10
Parking
B-145
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 2.5M · March 2026
Building
Asayel 1

About 505, Asayel 1

505 is a one-bedroom apartment of 869 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 27 March 2026 for AED 2,500,000, or AED 2,876 per sqft, 12% above the AED 2,561 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Asayel 1
1.5M2M2.5M20192021202320252027Typical 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, July 2020: AED 1,547,000 (AED 1,777 per sqft)Sold, July 2024: AED 1,800,000 (AED 2,071 per sqft)Sold, March 2026: AED 2,500,000 (AED 2,876 per sqft)

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

Rents
Unit 505, 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 505 sits

All 33 1-beds →

505 last sold in March 2026 at AED 2,876 per sqft, 12% above what one-beds in Asayel 1 were fetching at the time (AED 2,561). 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
19 Feb 20262,100,000
24 Dec 20251,950,000
29 Sep 20252,200,000
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
5011-bedAED 1.48M · Sep 2019
5024-bedAED 5.44M · Aug 2021
5033-bedAED 4.7M · May 2022
5043-bedAED 8.1M · Apr 2024
5062-bedAED 2.74M · Jun 2020
5072-bedAED 3.42M · Nov 2023
5081-bedAED 2.25M · Dec 2023

505, Asayel 1 in numbers

  • Sold 3 times: first on 15 July 2020 for AED 1,547,000, last on 27 March 2026 for AED 2,500,000 (AED 2,876 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 27 March 2026.

Questions about 505, Asayel 1

What did unit 505 last sell for?

AED 2,500,000 on 27 March 2026: AED 2,876 per sqft for 869 sqft. The unit has 3 registered sales; the first was AED 1,547,000 in July 2020.

How big is unit 505?

869 sqft (80.7 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.

What is unit 505 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 505, Asayel 1

Starts from the last sale price (AED 2.5M, 27 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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