508, Asayel 2
Sold prices and rental history: sold twice, last in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Asayel 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 5th of 7
- Parking
- B-178
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Service charge
- AED 13,600 /yr
- Last sold
- AED 2M · June 2024
- Building
- Asayel 2
About 508, Asayel 2
508 is a one-bedroom apartment of 831 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 19 June 2024 for AED 2,000,000, or AED 2,407 per sqft, in line with the AED 2,427 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 120,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 13,600 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 56 1-beds →508 last sold in June 2024 at AED 2,407 per sqft, in line with what one-beds in Asayel 2 were fetching at the time (AED 2,427). 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. 508's AED 120,000 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 5th floor
All 88 units in Asayel 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 787 sqft | AED 2.45MAED 2,450,000 · Mar 2024March 2024 | ||
| 502 | 1-bed | 801 sqft | AED 2.25MAED 2,250,000 · May 2024May 2024 | 110,000 /yr | |
| 503 | 1-bed | 800 sqft | AED 1.88MAED 1,875,000 · Aug 2024August 2024 | 120,000 /yr | |
| 504 | 2-bed | 1,357 sqft | AED 3.5MAED 3,500,000 · Oct 2024October 2024 | ||
| 505 | 1-bed | 785 sqft | AED 1.82MAED 1,820,000 · Sep 2024September 2024 | ||
| 506 | 2-bed | 1,357 sqft | AED 3.35MAED 3,350,000 · Oct 2024October 2024 | ||
| 507 | 1-bed | 912 sqft | AED 1.7MAED 1,700,000 · Aug 2024August 2024 | ||
| 509 | 1-bed | 940 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | 105,000 /yr | |
| 510 | 2-bed | 1,341 sqft | AED 3.4MAED 3,400,000 · Nov 2024November 2024 | ||
| 511 | 2-bed | 1,358 sqft | AED 3.2MAED 3,200,000 · Jan 2023January 2023 | 245,000 /yr | |
| 512 | 1-bed | 787 sqft | AED 2.4MAED 2,400,000 · May 2024May 2024 | 100,000 /yr | |
| 513 | 1-bed | 786 sqft | AED 2.15MAED 2,150,000 · Jul 2024July 2024 | 130,000 /yr |
508, Asayel 2 in numbers
- Sold twice: first on 9 August 2021 for AED 1,322,000, last on 19 June 2024 for AED 2,000,000 (AED 2,407 per sqft).
- Rented since June 2025 on 3 Ejari contracts, from AED 125,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 6.0%, 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 20 June 2026.
Questions about 508, Asayel 2
What did unit 508 last sell for?
AED 2,000,000 on 19 June 2024: AED 2,407 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 1,322,000 in August 2021.
What is the rent for unit 508?
AED 120,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 125,000; the unit has been rented since June 2025.
How big is unit 508?
831 sqft (77.2 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.
What is unit 508 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 508, Asayel 2
Starts from the last sale price (AED 2M, 19 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →