506, Asayel 1
Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Asayel 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,604 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Last sold
- AED 2.74M · June 2020
- Building
- Asayel 1
About 506, Asayel 1
506 is a two-bedroom apartment of 1,604 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 29 June 2020 for AED 2,736,000, or AED 1,705 per sqft, in line with the AED 1,715 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 200,004 a year: a gross yield of 7.3% on the 2020 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Asayel 1, and where 506 sits
All 34 2-beds →506 last sold in June 2020 at AED 1,705 per sqft, in line with what two-beds in Asayel 1 were fetching at the time (AED 1,715). Over the last 12 months two-beds sold for AED 3,530,000 to 3,780,000, around AED 2,367 per sqft, and rent for AED 120,000 to 325,000 a year. 506's AED 200,004 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 1,494 sqft | 3,780,000 | 2,529 | ||
| 23 Jan 202623 January 2026 | 1,601 sqft | 3,530,000 | 2,205 | ||
| 19 Jun 202519 June 2025 | 1,601 sqft | 4,150,000 | 2,592 | ||
| 14 Mar 202514 March 2025 | 1,488 sqft | 3,482,500 | 2,340 |
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 | |
| 502 | 4-bed | 3,040 sqft | AED 5.44MAED 5,436,000 · Aug 2021August 2021 | 325,000 /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 | ||
| 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 |
506, Asayel 1 in numbers
- Sold once: by Jumeirah Hills Development on 29 June 2020 for AED 2,736,000, or AED 1,705 per sqft.
- Rented since March 2024 on 4 Ejari contracts, from AED 200,000 to AED 200,004 a year.
- At AED 200,004 a year the gross yield on the 2020 price is 7.3%.
- Two-beds in Asayel 1 sold for AED 3,530,000–3,780,000 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 March 2026.
Questions about 506, Asayel 1
What did unit 506 last sell for?
AED 2,736,000 on 29 June 2020, sold by the developer: AED 1,705 per sqft for 1,604 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 200,004 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 200,000; the unit has been rented since March 2024.
How big is unit 506?
1,604 sqft (149.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Asayel 1 sold for AED 3,530,000 to 3,780,000 in the last 12 months, around AED 2,367 per sqft.
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Mortgage on 506, Asayel 1
Starts from the last sale price (AED 2.74M, 29 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,736,000
- Deposit, UAE resident (20%)
- AED 547,200
- Deposit, non-resident (40%)
- AED 1,094,400
- Monthly over 25 years at 3.7%
- AED 11,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →