1-bed · 912 sqftAsayel 2, Umm Suqeim Third · 5th floor · completed 2023

507, Asayel 2

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

Unit 507 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.7M20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Asayel 2

What is 507 worth today?

Last sold for AED 1,700,000 in 2024

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20 Aug 2024SoldReady
AED 1,700,000AED 1,863 per sqft
19 May 2021Sold by developerOff-plan
AED 1,541,000AED 1,691 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
5th of 7
Parking
B-177
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 15,000 /yr
Last sold
AED 1.7M · August 2024
Building
Asayel 2

About 507, Asayel 2

507 is a one-bedroom apartment of 912 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 20 August 2024 for AED 1,700,000, or AED 1,863 per sqft, 23% below the AED 2,407 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Asayel 2
1.5M2M202120232025Typical 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 1,541,000 (AED 1,691 per sqft)Sold, August 2024: AED 1,700,000 (AED 1,863 per sqft)

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

Rents
Unit 507, 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 507 sits

All 56 1-beds →

507 last sold in August 2024 at AED 1,863 per sqft, 23% below what one-beds in Asayel 2 were fetching at the time (AED 2,407). 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
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
5062-bedAED 3.35M · Oct 2024
5081-bedAED 2M · Jun 2024
1–7 of 12

507, Asayel 2 in numbers

  • Sold twice: first on 19 May 2021 for AED 1,541,000, last on 20 August 2024 for AED 1,700,000 (AED 1,863 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 20 August 2024.

Questions about 507, Asayel 2

What did unit 507 last sell for?

AED 1,700,000 on 20 August 2024: AED 1,863 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 1,541,000 in May 2021.

How big is unit 507?

912 sqft (84.7 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.

What is unit 507 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 507, Asayel 2

Starts from the last sale price (AED 1.7M, 20 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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