2-bed · 1,102 sqftAsayel 3, Umm Suqeim Third · 3rd floor · completed 2023

304, Asayel 3

Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 27 April 2024
Last soldAED 2.03M8 March 2021
Current rentAED 215K /yr27 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Asayel 3

What is 304 worth today?

Last sold for AED 2,030,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Apr 2024RentedNew contract
AED 215,000/yr12 months · AED 196 per sqft
8 Mar 2021Sold by developerOff-plan
AED 2,030,000AED 1,842 per sqft

Source: Dubai Land Department. Updated 27 April 2024.

Key facts

Type
2-bed apartment
Size
1,102 sqft
Floor
3rd of 8
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 18,100 /yr
Last sold
AED 2.03M · March 2021
Building
Asayel 3

About 304, Asayel 3

304 is a two-bedroom apartment of 1,102 sqft on the 3rd floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 8 March 2021 for AED 2,030,000, or AED 1,842 per sqft, in line with the AED 1,838 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 April 2024. The current contract, signed on 27 April 2024, is AED 215,000 a year: a gross yield of 10.6% on the 2021 price, before the service charge of about AED 18,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Asayel 3
2M3M4M2021202320252027Typical sale price by year: 2021 AED 2,080,000; 2022 AED 2,550,000; 2023 AED 3,000,000; 2024 AED 3,675,000; 2025 AED 4,120,000; 2026 AED 2,959,191Sold by developer, March 2021: AED 2,030,000 (AED 1,842 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Asayel 3
180K200K220K2024202520262027Typical rent by year: 2024 AED 210,000; 2025 AED 200,000; 2026 AED 180,000New contract, April 2024: AED 215,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Asayel 3, and where 304 sits

All 59 2-beds →

304 last sold in March 2021 at AED 1,842 per sqft, in line with what two-beds in Asayel 3 were fetching at the time (AED 1,838). Over the last 12 months two-beds sold for AED 2,200,000 to 3,475,000, around AED 2,187 per sqft, and rent for AED 160,000 to 275,000 a year. 304's AED 215,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20262,200,000
15 Sep 20263,000,000
18 Feb 20263,475,000
26 Jan 20262,918,382
4 2-bed sales in the last 12 months

Asayel 3

Building

130 apartments, 1-bed to 2-bed over 8 floors in Umm Suqeim Third, completed in 2023 by Jumeirah Hills Development . 8 sold in the last 12 months.

Typical price per sqft
AED 2,561
Typical sale
AED 2.68M
Typical rent
AED 125K /yr
Typical yield
6.0%
Asayel 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 130 units in Asayel 3
Value
3011-bedAED 3M · Jun 2024
3021-bedAED 1.85M · May 2023
3032-bedAED 2.8M · Feb 2023
3051-bedAED 2.14M · Apr 2023
3061-bedAED 2.25M · Jul 2024
3071-bedAED 1.41M · Apr 2021
3082-bedAED 2.41M · May 2023
1–7 of 15

304, Asayel 3 in numbers

  • Sold once: by Jumeirah Hills Development on 8 March 2021 for AED 2,030,000, or AED 1,842 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2021 price is 10.6%, before a service charge of about AED 18,100 a year (AED 16.40 per sqft).
  • Two-beds in Asayel 3 sold for AED 2,200,000–3,475,000 in the 12 months to November 2026; the building's median across all types is AED 2,561 per sqft.

Source: Dubai Land Department. Updated 27 April 2024.

Questions about 304, Asayel 3

What did unit 304 last sell for?

AED 2,030,000 on 8 March 2021, sold by the developer: AED 1,842 per sqft for 1,102 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 215,000 a year on the contract signed on 27 April 2024.

How big is unit 304?

1,102 sqft (102.4 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Asayel 3 sold for AED 2,200,000 to 3,475,000 in the last 12 months, around AED 2,187 per sqft.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Asayel 3

Starts from the last sale price (AED 2.03M, 8 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,030,000
Deposit, UAE resident (20%)
AED 406,000
Deposit, non-resident (40%)
AED 812,000
Monthly over 25 years at 3.7%
AED 8,305

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