1-bed · 793 sqftAsayel 3, Umm Suqeim Third · 5th floor · completed 2023

505, Asayel 3

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

Unit 505 · DLD and Ejari recordsUpdated 8 April 2021
Last soldAED 1.44M8 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Asayel 3

What is 505 worth today?

Last sold for AED 1,437,000 in 2021

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8 Apr 2021Sold by developerOff-plan
AED 1,437,000AED 1,812 per sqft

Source: Dubai Land Department. Updated 8 April 2021.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
5th of 8
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 1.44M · April 2021
Building
Asayel 3

About 505, Asayel 3

505 is a one-bedroom apartment of 793 sqft on the 5th 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 April 2021 for AED 1,437,000, or AED 1,812 per sqft, 6% above the AED 1,715 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Asayel 3
1.5M2M2.5M2021202320252027Typical sale price by year: 2021 AED 1,307,500; 2022 AED 1,500,000; 2023 AED 1,837,500; 2024 AED 2,200,000; 2025 AED 2,370,000; 2026 AED 2,362,500Sold by developer, April 2021: AED 1,437,000 (AED 1,812 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Asayel 3
110K115K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 111,000

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

1-beds in Asayel 3, and where 505 sits

All 71 1-beds →

505 last sold in April 2021 at AED 1,812 per sqft, 6% above what one-beds in Asayel 3 were fetching at the time (AED 1,715). Over the last 12 months one-beds sold for AED 2,075,000 to 3,350,000, around AED 2,825 per sqft, and rent for AED 85,000 to 165,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20262,275,000
19 Feb 20263,350,000
9 Jan 20262,075,000
9 Jan 20262,450,000
4 1-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 5th floor

All 130 units in Asayel 3
Value
5011-bedAED 2.28M · Oct 2026
5021-bedAED 1.43M · Apr 2022
5032-bedAED 2.65M · Jan 2023
5042-bedAED 2.07M · Aug 2021
5061-bedAED 1.43M · Apr 2021
5071-bedAED 1.43M · Aug 2021
5082-bedAED 2.44M · Apr 2021
1–7 of 15

505, Asayel 3 in numbers

  • Sold once: by Jumeirah Hills Development on 8 April 2021 for AED 1,437,000, or AED 1,812 per sqft.
  • One-beds in Asayel 3 sold for AED 2,075,000–3,350,000 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 8 April 2021.

Questions about 505, Asayel 3

What did unit 505 last sell for?

AED 1,437,000 on 8 April 2021, sold by the developer: AED 1,812 per sqft for 793 sqft. It is the only registered sale of the unit.

How big is unit 505?

793 sqft (73.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Asayel 3 sold for AED 2,075,000 to 3,350,000 in the last 12 months, around AED 2,825 per sqft.

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Mortgage on 505, Asayel 3

Starts from the last sale price (AED 1.44M, 8 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,437,000
Deposit, UAE resident (20%)
AED 287,400
Deposit, non-resident (40%)
AED 574,800
Monthly over 25 years at 3.7%
AED 5,879

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