1-bed · 787 sqftAsayel 2, Umm Suqeim Third · 5th floor · completed 2023

501, Asayel 2

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 2.45M21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Asayel 2

What is 501 worth today?

Last sold for AED 2,450,000 in 2024

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21 Mar 2024SoldReady
AED 2,450,000AED 3,112 per sqft
19 May 2021Sold by developerOff-plan
AED 1,528,000AED 1,940 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
5th of 7
Parking
B-171
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,900 /yr
Last sold
AED 2.45M · March 2024
Building
Asayel 2

About 501, Asayel 2

501 is a one-bedroom apartment of 787 sqft on the 5th floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 21 March 2024 for AED 2,450,000, or AED 3,112 per sqft, 36% above the AED 2,292 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Asayel 2
1.5M2M2.5M202120232025Typical sale price by year: 2021 AED 1,464,000; 2022 AED 1,615,000; 2023 AED 1,900,000; 2024 AED 2,000,000; 2025 AED 2,175,000Sold by developer, May 2021: AED 1,528,000 (AED 1,940 per sqft)Sold, March 2024: AED 2,450,000 (AED 3,112 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Asayel 2
120K125K2024202520262027Typical rent by year: 2024 AED 127,500; 2025 AED 125,000; 2026 AED 119,678

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 501 sits

All 56 1-beds →

501 last sold in March 2024 at AED 3,112 per sqft, 36% above what one-beds in Asayel 2 were fetching at the time (AED 2,292). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,880,000
18 Aug 20252,150,000
16 Jul 20252,250,000
21 Jan 20252,100,000
1 1-bed sale in the last 12 months

Asayel 2

Building

88 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%
Asayel 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 88 units in Asayel 2
Value
5021-bedAED 2.25M · May 2024
5031-bedAED 1.88M · Aug 2024
5042-bedAED 3.5M · Oct 2024
5051-bedAED 1.82M · Sep 2024
5062-bedAED 3.35M · Oct 2024
5071-bedAED 1.7M · Aug 2024
5081-bedAED 2M · Jun 2024
1–7 of 12

501, Asayel 2 in numbers

  • Sold twice: first on 19 May 2021 for AED 1,528,000, last on 21 March 2024 for AED 2,450,000 (AED 3,112 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 21 March 2024.

Questions about 501, Asayel 2

What did unit 501 last sell for?

AED 2,450,000 on 21 March 2024: AED 3,112 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 1,528,000 in May 2021.

How big is unit 501?

787 sqft (73.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.

What is unit 501 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 501, Asayel 2

Starts from the last sale price (AED 2.45M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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