508, Asayel 1
Sold prices and rental history: sold twice, last in December 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Asayel 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 16 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 814 sqft
- Floor
- 5th of 10
- Parking
- B-157
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Last sold
- AED 2.25M · December 2023
- Building
- Asayel 1
About 508, Asayel 1
508 is a one-bedroom apartment of 814 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 8 December 2023 for AED 2,250,000, or AED 2,765 per sqft, 24% above the AED 2,223 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 September 2025. The current contract, signed on 16 September 2025, is AED 130,000 a year: a gross yield of 5.8% on the 2023 price.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 33 1-beds →508 last sold in December 2023 at AED 2,765 per sqft, 24% above what one-beds in Asayel 1 were fetching at the time (AED 2,223). 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. 508's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20265 May 2026 | 813 sqft | 1,500,000 | 1,845 | ||
| 27 Mar 202627 March 2026 | 869 sqft | 2,500,000 | 2,876 | ||
| 19 Feb 202619 February 2026 | 870 sqft | 2,100,000 | 2,414 | ||
| 24 Dec 202524 December 2025 | 814 sqft | 1,950,000 | 2,396 |
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 | ||
| 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, Asayel 1 in numbers
- Sold twice: first on 13 October 2019 for AED 1,444,000, last on 8 December 2023 for AED 2,250,000 (AED 2,765 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 5.8%.
- 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 16 September 2025.
Questions about 508, Asayel 1
What did unit 508 last sell for?
AED 2,250,000 on 8 December 2023: AED 2,765 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 1,444,000 in October 2019.
What is the rent for unit 508?
AED 130,000 a year on the contract signed on 16 September 2025.
How big is unit 508?
814 sqft (75.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2023.
What is unit 508 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 508, Asayel 1
Starts from the last sale price (AED 2.25M, 8 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →