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

506, 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 506 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.35M1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Asayel 2

What is 506 worth today?

Last sold for AED 3,350,000 in 2024

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1 Oct 2024SoldReady
AED 3,350,000AED 2,468 per sqft
8 Nov 2021Sold by developerOff-plan
AED 2,279,000AED 1,679 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,357 sqft
Floor
5th of 7
Parking
B-176
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 22,300 /yr
Last sold
AED 3.35M · October 2024
Building
Asayel 2

About 506, Asayel 2

506 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 1 October 2024 for AED 3,350,000, or AED 2,468 per sqft, in line with the AED 2,468 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Asayel 2
2.5M3M3.5M202120232025Typical sale price by year: 2021 AED 2,277,000; 2023 AED 3,200,000; 2024 AED 3,375,000Sold by developer, November 2021: AED 2,279,000 (AED 1,679 per sqft)Sold, October 2024: AED 3,350,000 (AED 2,468 per sqft)

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

Rents
Unit 506, 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 506 sits

All 26 2-beds →

506 last sold in October 2024 at AED 2,468 per sqft, in line with what two-beds in Asayel 2 were fetching at the time (AED 2,468).

Recent 2-bed salesUnit no.Price (AED)Summary
7 Nov 20254,950,000
21 Mar 20254,100,000
18 Nov 20243,400,000
11 Oct 20243,500,000
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
5042-bedAED 3.5M · Oct 2024
5051-bedAED 1.82M · Sep 2024
5071-bedAED 1.7M · Aug 2024
5081-bedAED 2M · Jun 2024
1–7 of 12

506, Asayel 2 in numbers

  • Sold twice: first on 8 November 2021 for AED 2,279,000, last on 1 October 2024 for AED 3,350,000 (AED 2,468 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 506, Asayel 2

What did unit 506 last sell for?

AED 3,350,000 on 1 October 2024: AED 2,468 per sqft for 1,357 sqft. The unit has 2 registered sales; the first was AED 2,279,000 in November 2021.

How big is unit 506?

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 506 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 506, Asayel 2

Starts from the last sale price (AED 3.35M, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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