2-bed · 1,322 sqftAsayel 3, Umm Suqeim Third · 4th floor · completed 2023

408, Asayel 3

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 2.43M25 April 2021
Current rentAED 210K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Asayel 3

What is 408 worth today?

Last sold for AED 2,425,000 in 2021

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31 Aug 2026RentedRenewal
AED 210,000/yr12 months · AED 159 per sqft
31 Aug 2025RentedNew contract
AED 210,000/yr12 months · AED 159 per sqft
25 Apr 2021Sold by developerOff-plan
AED 2,425,000AED 1,838 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
2-bed apartment
Size
1,322 sqft
Floor
4th of 8
Parking
B-214, B-215
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 21,700 /yr
Last sold
AED 2.43M · April 2021
Building
Asayel 3

About 408, Asayel 3

408 is a two-bedroom apartment of 1,322 sqft on the 4th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 25 April 2021 for AED 2,425,000, or AED 1,838 per sqft, in line with the AED 1,838 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 31 August 2026, is AED 210,000 a year: a gross yield of 8.7% on the 2021 price, before the service charge of about AED 21,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, April 2021: AED 2,425,000 (AED 1,838 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Asayel 3
180K200K2024202520262027Typical rent by year: 2024 AED 210,000; 2025 AED 200,000; 2026 AED 180,000New contract, August 2025: AED 210,000 a yearRenewal, August 2026: AED 210,000 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 408 sits

All 59 2-beds →

408 last sold in April 2021 at AED 1,838 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. 408's AED 210,000 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 4th floor

All 130 units in Asayel 3
Value
4011-bedAED 2.2M · Mar 2024
4021-bedAED 1.29M · Nov 2021
4032-bedAED 2.08M · Apr 2021
4042-bedAED 2.05M · Apr 2021
4051-bedAED 1.42M · May 2023
4061-bedAED 1.42M · Apr 2021
4071-bedAED 1.42M · Jan 2021
1–7 of 15

408, Asayel 3 in numbers

  • Sold once: by Jumeirah Hills Development on 25 April 2021 for AED 2,425,000, or AED 1,838 per sqft.
  • Rented since August 2025 on 2 Ejari contracts, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2021 price is 8.7%, before a service charge of about AED 21,700 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 31 August 2026.

Questions about 408, Asayel 3

What did unit 408 last sell for?

AED 2,425,000 on 25 April 2021, sold by the developer: AED 1,838 per sqft for 1,322 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 210,000 a year on the contract renewed on 31 August 2026. The previous contract, from August 2025, was AED 210,000.

How big is unit 408?

1,322 sqft (122.8 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 408 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.

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Mortgage on 408, Asayel 3

Starts from the last sale price (AED 2.43M, 25 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

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