2-bed · 1,088 sqftAsayel 3, Umm Suqeim Third · 5th floor · completed 2023

509, Asayel 3

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

Unit 509 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 3.55M19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Asayel 3

What is 509 worth today?

Last sold for AED 3,550,000 in 2023

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19 Oct 2023SoldReady
AED 3,550,000AED 3,264 per sqft
13 Apr 2021Sold by developerOff-plan
AED 2,017,000AED 1,853 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
2-bed apartment
Size
1,088 sqft
Floor
5th of 8
Parking
B-02
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 17,800 /yr
Last sold
AED 3.55M · October 2023
Building
Asayel 3

About 509, Asayel 3

509 is a two-bedroom apartment of 1,088 sqft on the 5th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 19 October 2023 for AED 3,550,000, or AED 3,264 per sqft, 39% above the AED 2,350 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, 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 2,017,000 (AED 1,853 per sqft)Sold, October 2023: AED 3,550,000 (AED 3,264 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Asayel 3
180K200K2024202520262027Typical rent by year: 2024 AED 210,000; 2025 AED 200,000; 2026 AED 180,000

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 509 sits

All 59 2-beds →

509 last sold in October 2023 at AED 3,264 per sqft, 39% above what two-beds in Asayel 3 were fetching at the time (AED 2,350). 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.

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 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
5051-bedAED 1.44M · Apr 2021
5061-bedAED 1.43M · Apr 2021
5071-bedAED 1.43M · Aug 2021
1–7 of 15

509, Asayel 3 in numbers

  • Sold twice: first on 13 April 2021 for AED 2,017,000, last on 19 October 2023 for AED 3,550,000 (AED 3,264 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 19 October 2023.

Questions about 509, Asayel 3

What did unit 509 last sell for?

AED 3,550,000 on 19 October 2023: AED 3,264 per sqft for 1,088 sqft. The unit has 2 registered sales; the first was AED 2,017,000 in April 2021.

How big is unit 509?

1,088 sqft (101.1 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 509 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 509, Asayel 3

Starts from the last sale price (AED 3.55M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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