2-bed · 1,357 sqftAsayel 2, Umm Suqeim Third · 5th floor · completed 2023

504, Asayel 2

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

Unit 504 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 3.5M11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Asayel 2

What is 504 worth today?

Last sold for AED 3,500,000 in 2024

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11 Oct 2024SoldReady
AED 3,500,000AED 2,579 per sqft
8 Nov 2021Sold by developerOff-plan
AED 2,320,000AED 1,711 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
2-bed apartment
Size
1,357 sqft
Floor
5th of 7
Parking
B-174
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 22,200 /yr
Last sold
AED 3.5M · October 2024
Building
Asayel 2

About 504, Asayel 2

504 is a two-bedroom apartment of 1,357 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 11 October 2024 for AED 3,500,000, or AED 2,579 per sqft, 4% above the AED 2,483 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Asayel 2
3M202120232025Typical sale price by year: 2021 AED 2,277,000; 2023 AED 3,200,000; 2024 AED 3,375,000Sold by developer, November 2021: AED 2,320,000 (AED 1,711 per sqft)Sold, October 2024: AED 3,500,000 (AED 2,579 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Asayel 2
190K200K2024202520262027Typical rent by year: 2024 AED 200,000; 2025 AED 205,000; 2026 AED 190,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Asayel 2, and where 504 sits

All 26 2-beds →

504 last sold in October 2024 at AED 2,579 per sqft, 4% above what two-beds in Asayel 2 were fetching at the time (AED 2,483).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Nov 20254,950,000
21 Mar 20254,100,000
18 Nov 20243,400,000
1 Oct 20243,350,000
0 2-bed sales 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
5011-bedAED 2.45M · Mar 2024
5021-bedAED 2.25M · May 2024
5031-bedAED 1.88M · Aug 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

504, Asayel 2 in numbers

  • Sold twice: first on 8 November 2021 for AED 2,320,000, last on 11 October 2024 for AED 3,500,000 (AED 2,579 per sqft).

Source: Dubai Land Department. Updated 11 October 2024.

Questions about 504, Asayel 2

What did unit 504 last sell for?

AED 3,500,000 on 11 October 2024: AED 2,579 per sqft for 1,357 sqft. The unit has 2 registered sales; the first was AED 2,320,000 in November 2021.

How big is unit 504?

1,357 sqft (126.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 504, Asayel 2

Starts from the last sale price (AED 3.5M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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