508, Asayel 3
Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Asayel 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 11 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,319 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2023
- Service charge
- AED 21,600 /yr
- Last sold
- AED 2.44M · April 2021
- Building
- Asayel 3
About 508, Asayel 3
508 is a two-bedroom apartment of 1,319 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 2,443,000, or AED 1,852 per sqft, in line with the AED 1,838 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 11 October 2025, is AED 235,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 21,600 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 59 2-beds →508 last sold in April 2021 at AED 1,852 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. 508's AED 235,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,083 sqft | 2,200,000 | 2,031 | ||
| 15 Sep 202615 September 2026 | 1,281 sqft | 3,000,000 | 2,342 | ||
| 18 Feb 202618 February 2026 | 1,130 sqft | 3,475,000 | 3,076 | ||
| 26 Jan 202626 January 2026 | 1,544 sqft | 2,918,382 | 1,890 |
Asayel 3
Building130 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%
Other units on the 5th floor
All 130 units in Asayel 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 772 sqft | AED 2.28MAED 2,275,000 · Oct 2026October 2026 | ||
| 502 | 1-bed | 768 sqft | AED 1.43MAED 1,425,000 · Apr 2022April 2022 | 141,000 /yr | |
| 503 | 2-bed | 1,295 sqft | AED 2.65MAED 2,650,000 · Jan 2023January 2023 | 180,000 /yr | |
| 504 | 2-bed | 1,102 sqft | AED 2.07MAED 2,065,000 · Aug 2021August 2021 | ||
| 505 | 1-bed | 793 sqft | AED 1.44MAED 1,437,000 · Apr 2021April 2021 | ||
| 506 | 1-bed | 770 sqft | AED 1.43MAED 1,426,000 · Apr 2021April 2021 | 100,000 /yr | |
| 507 | 1-bed | 773 sqft | AED 1.43MAED 1,426,000 · Aug 2021August 2021 | ||
| 509 | 2-bed | 1,088 sqft | AED 3.55MAED 3,550,000 · Oct 2023October 2023 | ||
| 510 | 2-bed | 1,186 sqft | AED 3.38MAED 3,375,000 · Dec 2023December 2023 | ||
| 511 | 2-bed | 1,281 sqft | AED 3.55MAED 3,550,000 · May 2024May 2024 | ||
| 512 | 2-bed | 1,101 sqft | AED 2.65MAED 2,650,000 · Jan 2023January 2023 | 180,000 /yr | |
| 513 | 1-bed | 773 sqft | AED 1.3MAED 1,300,000 · Aug 2021August 2021 | 115,000 /yr | |
| 514 | 1-bed | 774 sqft | AED 2.05MAED 2,050,000 · Feb 2023February 2023 | 120,000 /yr | |
| 515 | 1-bed | 774 sqft | AED 1.3MAED 1,301,000 · Aug 2021August 2021 | 117,000 /yr | |
| 516 | 1-bed | 776 sqft | AED 1.78MAED 1,775,000 · Mar 2023March 2023 |
508, Asayel 3 in numbers
- Sold once: by Jumeirah Hills Development on 8 April 2021 for AED 2,443,000, or AED 1,852 per sqft.
- Rented since October 2024 on 2 Ejari contracts, from AED 210,000 to AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 21,600 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 11 October 2025.
Questions about 508, Asayel 3
What did unit 508 last sell for?
AED 2,443,000 on 8 April 2021, sold by the developer: AED 1,852 per sqft for 1,319 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 235,000 a year on the contract renewed on 11 October 2025. The previous contract, from October 2024, was AED 210,000.
How big is unit 508?
1,319 sqft (122.5 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 508 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 508, Asayel 3
Starts from the last sale price (AED 2.44M, 8 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,443,000
- Deposit, UAE resident (20%)
- AED 488,600
- Deposit, non-resident (40%)
- AED 977,200
- Monthly over 25 years at 3.7%
- AED 9,995
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →