1-bed · 788 sqftAsayel 2, Umm Suqeim Third · 7th floor · completed 2023

705, Asayel 2

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 9 February 2023
Last soldAED 2M9 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Asayel 2

What is 705 worth today?

Last sold for AED 2,000,000 in 2023

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9 Feb 2023SoldOff-plan
AED 2,000,000AED 2,536 per sqft
9 Jun 2021Sold by developerOff-plan
AED 1,464,000AED 1,856 per sqft

Source: Dubai Land Department. Updated 9 February 2023.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
7th of 7
Parking
B-164
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,900 /yr
Last sold
AED 2M · February 2023
Building
Asayel 2

About 705, Asayel 2

705 is a one-bedroom apartment of 788 sqft on the 7th floor of Asayel 2, a 7-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 9 February 2023 for AED 2,000,000, or AED 2,536 per sqft, 24% above the AED 2,052 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, June 2021: AED 1,464,000 (AED 1,856 per sqft)Sold, February 2023: AED 2,000,000 (AED 2,536 per sqft)

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

Rents
Unit 705, 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 705 sits

All 56 1-beds →

705 last sold in February 2023 at AED 2,536 per sqft, 24% above what one-beds in Asayel 2 were fetching at the time (AED 2,052). 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 7th floor

All 88 units in Asayel 2
Value
7012-bedAED 3.15M · Aug 2021
7024-bedAED 4.69M · Aug 2021
7033-bedAED 5M · Dec 2022
7044-bedAED 8.13M · Aug 2024

705, Asayel 2 in numbers

  • Sold twice: first on 9 June 2021 for AED 1,464,000, last on 9 February 2023 for AED 2,000,000 (AED 2,536 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 9 February 2023.

Questions about 705, Asayel 2

What did unit 705 last sell for?

AED 2,000,000 on 9 February 2023: AED 2,536 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 1,464,000 in June 2021.

How big is unit 705?

788 sqft (73.2 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2023.

What is unit 705 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 705, Asayel 2

Starts from the last sale price (AED 2M, 9 February 2023). 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 →