2-bed · 1,605 sqftAsayel 2, Umm Suqeim Third · 7th floor · completed 2023

701, Asayel 2

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 3.15M10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Asayel 2

What is 701 worth today?

Last sold for AED 3,147,000 in 2021

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10 Aug 2021Sold by developerOff-plan
AED 3,147,000AED 1,960 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
2-bed apartment
Size
1,605 sqft
Floor
7th of 7
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 26,300 /yr
Last sold
AED 3.15M · August 2021
Building
Asayel 2

About 701, Asayel 2

701 is a two-bedroom apartment of 1,605 sqft on the 7th floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 10 August 2021 for AED 3,147,000, or AED 1,960 per sqft, 18% above the AED 1,666 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Asayel 2
2.5M3M3.5M20212022202320242025Typical sale price by year: 2021 AED 2,277,000; 2023 AED 3,200,000; 2024 AED 3,375,000Sold by developer, August 2021: AED 3,147,000 (AED 1,960 per sqft)

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

Rents
Unit 701, 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 701 sits

All 26 2-beds →

701 last sold in August 2021 at AED 1,960 per sqft, 18% above what two-beds in Asayel 2 were fetching at the time (AED 1,666).

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 7th floor

All 88 units in Asayel 2
Value
7024-bedAED 4.69M · Aug 2021
7033-bedAED 5M · Dec 2022
7044-bedAED 8.13M · Aug 2024
7051-bedAED 2M · Feb 2023

701, Asayel 2 in numbers

  • Sold once: by Jumeirah Hills Development on 10 August 2021 for AED 3,147,000, or AED 1,960 per sqft.

Source: Dubai Land Department. Updated 10 August 2021.

Questions about 701, Asayel 2

What did unit 701 last sell for?

AED 3,147,000 on 10 August 2021, sold by the developer: AED 1,960 per sqft for 1,605 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,605 sqft (149.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2023.

What is unit 701 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 701, Asayel 2

Starts from the last sale price (AED 3.15M, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,147,000
Deposit, UAE resident (20%)
AED 629,400
Deposit, non-resident (40%)
AED 1,258,800
Monthly over 25 years at 3.7%
AED 12,875

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