408, Asayel 2
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Asayel 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 829 sqft
- Floor
- 4th of 7
- Parking
- B-187
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.31M · August 2021
- Building
- Asayel 2
About 408, Asayel 2
408 is a one-bedroom apartment of 829 sqft on the 4th floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 10 August 2021 for AED 1,312,000, or AED 1,577 per sqft, 12% below the AED 1,787 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 125,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 13,600 a year.
Sales and rents for 408 over time
408 has sold once; 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 2, and where 408 sits
All 56 1-beds →408 last sold in August 2021 at AED 1,577 per sqft, 12% below what one-beds in Asayel 2 were fetching at the time (AED 1,787). Over the last 12 months one-beds sold for AED 1,880,000, around AED 2,346 per sqft, and rent for AED 90,000 to 150,000 a year. 408's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 801 sqft | 1,880,000 | 2,346 | ||
| 18 Aug 202518 August 2025 | 938 sqft | 2,150,000 | 2,291 | ||
| 16 Jul 202516 July 2025 | 979 sqft | 2,250,000 | 2,297 | ||
| 21 Jan 202521 January 2025 | 825 sqft | 2,100,000 | 2,544 |
Asayel 2
Building88 apartments, 1-bed to 4-bed over 7 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development . 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,346
- Typical sale
- AED 1.88M
- Typical rent
- AED 133K /yr
- Typical yield
- 6.1%
Other units on the 4th floor
All 88 units in Asayel 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 787 sqft | AED 2.05MAED 2,050,000 · Sep 2023September 2023 | 110,000 /yr | |
| 402 | 1-bed | 804 sqft | AED 1.9MAED 1,900,000 · Mar 2023March 2023 | 130,000 /yr | |
| 403 | 1-bed | 802 sqft | AED 1.57MAED 1,568,000 · Oct 2021October 2021 | 115,000 /yr | |
| 404 | 2-bed | 1,356 sqft | AED 2.3MAED 2,302,000 · Jul 2021July 2021 | 205,000 /yr | |
| 405 | 1-bed | 787 sqft | AED 1.8MAED 1,800,000 · Aug 2023August 2023 | ||
| 406 | 2-bed | 1,357 sqft | AED 3.1MAED 3,100,000 · Dec 2022December 2022 | ||
| 407 | 1-bed | 912 sqft | AED 1.85MAED 1,850,000 · Apr 2023April 2023 | ||
| 409 | 1-bed | 940 sqft | AED 2.3MAED 2,300,000 · Oct 2023October 2023 | 129,305 /yr | |
| 410 | 2-bed | 1,341 sqft | AED 3.35MAED 3,350,000 · Nov 2023November 2023 | 170,000 /yr | |
| 411 | 2-bed | 1,358 sqft | AED 2.53MAED 2,526,000 · Jun 2021June 2021 | 175,000 /yr | |
| 412 | 1-bed | 787 sqft | AED 1.42MAED 1,422,000 · Aug 2021August 2021 | 125,000 /yr | |
| 413 | 1-bed | 788 sqft | AED 1.43MAED 1,428,000 · Sep 2021September 2021 |
408, Asayel 2 in numbers
- Sold once: by Jumeirah Hills Development on 10 August 2021 for AED 1,312,000, or AED 1,577 per sqft.
- Rented since April 2024 on 3 Ejari contracts, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 13,600 a year (AED 16.40 per sqft).
- One-beds in Asayel 2 sold for AED 1,880,000–1,880,000 in the 12 months to November 2026; the building's median across all types is AED 2,346 per sqft.
Source: Dubai Land Department. Updated 25 April 2026.
Questions about 408, Asayel 2
What did unit 408 last sell for?
AED 1,312,000 on 10 August 2021, sold by the developer: AED 1,577 per sqft for 829 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 125,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 125,000; the unit has been rented since April 2024.
How big is unit 408?
829 sqft (77.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2023.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Asayel 2 sold for AED 1,880,000 to 1,880,000 in the last 12 months, around AED 2,346 per sqft.
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Mortgage on 408, Asayel 2
Starts from the last sale price (AED 1.31M, 10 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,312,000
- Deposit, UAE resident (20%)
- AED 262,400
- Deposit, non-resident (40%)
- AED 524,800
- Monthly over 25 years at 3.7%
- AED 5,368
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →