1-bed · 816 sqftAsayel 1, Umm Suqeim Third · 7th floor · completed 2023

708, Asayel 1

Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.47M14 April 2020
Current rentAED 130K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Asayel 1

What is 708 worth today?

Last sold for AED 1,465,000 in 2020

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1 Jan 2026RentedNew contract
AED 130,000/yr12 months · AED 159 per sqft
14 Apr 2020Sold by developerOff-plan
AED 1,465,000AED 1,794 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
7th of 10
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Last sold
AED 1.47M · April 2020
Building
Asayel 1

About 708, Asayel 1

708 is a one-bedroom apartment of 816 sqft on the 7th floor of Asayel 1, a 10-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 14 April 2020 for AED 1,465,000, or AED 1,794 per sqft, 4% above the AED 1,730 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2026. The current contract, signed on 1 January 2026, is AED 130,000 a year: a gross yield of 8.9% on the 2020 price.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Asayel 1
1.5M2M20192021202320252027Typical 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, April 2020: AED 1,465,000 (AED 1,794 per sqft)

708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 708, each contractTypical one-bed in Asayel 1
120K125K130K2024202520262027Typical rent by year: 2024 AED 130,000; 2025 AED 127,500; 2026 AED 121,327New contract, January 2026: AED 130,000 a year

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 708 sits

All 33 1-beds →

708 last sold in April 2020 at AED 1,794 per sqft, 4% above what one-beds in Asayel 1 were fetching at the time (AED 1,730). 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. 708's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 20261,500,000
27 Mar 20262,500,000
19 Feb 20262,100,000
24 Dec 20251,950,000
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 7th floor

All 90 units in Asayel 1
Value
7011-bedAED 1.51M · Sep 2019
7024-bedAED 5.53M · Apr 2021
7033-bedAED 3.58M · Jan 2020
7043-bedAED 4.61M · Nov 2019
7051-bedAED 2.1M · Feb 2026
7062-bedAED 4.15M · Jun 2025
7072-bedAED 4.11M · Feb 2024

708, Asayel 1 in numbers

  • Sold once: by Jumeirah Hills Development on 14 April 2020 for AED 1,465,000, or AED 1,794 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 8.9%.
  • 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 1 January 2026.

Questions about 708, Asayel 1

What did unit 708 last sell for?

AED 1,465,000 on 14 April 2020, sold by the developer: AED 1,794 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 130,000 a year on the contract signed on 1 January 2026.

How big is unit 708?

816 sqft (75.8 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2023.

What is unit 708 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 708, Asayel 1

Starts from the last sale price (AED 1.47M, 14 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,465,000
Deposit, UAE resident (20%)
AED 293,000
Deposit, non-resident (40%)
AED 586,000
Monthly over 25 years at 3.7%
AED 5,994

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