2-bed · 1,281 sqftAsayel 3, Umm Suqeim Third · 5th floor · completed 2023

511, Asayel 3

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 3.55M31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Asayel 3

What is 511 worth today?

Last sold for AED 3,550,000 in 2024

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31 May 2024SoldReady
AED 3,550,000AED 2,770 per sqft
22 Sep 2021Sold by developerOff-plan
AED 2,429,000AED 1,886 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,281 sqft
Floor
5th of 8
Parking
B-241, B-242
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 21,000 /yr
Last sold
AED 3.55M · May 2024
Building
Asayel 3

About 511, Asayel 3

511 is a two-bedroom apartment of 1,281 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 31 May 2024 for AED 3,550,000, or AED 2,770 per sqft, 6% below the AED 2,937 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, September 2021: AED 2,429,000 (AED 1,886 per sqft)Sold, May 2024: AED 3,550,000 (AED 2,770 per sqft)

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

Rents
Unit 511, 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 511 sits

All 59 2-beds →

511 last sold in May 2024 at AED 2,770 per sqft, 6% below what two-beds in Asayel 3 were fetching at the time (AED 2,937). 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

511, Asayel 3 in numbers

  • Sold twice: first on 22 September 2021 for AED 2,429,000, last on 31 May 2024 for AED 3,550,000 (AED 2,770 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 May 2024.

Questions about 511, Asayel 3

What did unit 511 last sell for?

AED 3,550,000 on 31 May 2024: AED 2,770 per sqft for 1,281 sqft. The unit has 2 registered sales; the first was AED 2,429,000 in September 2021.

How big is unit 511?

1,281 sqft (119.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 511 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 511, Asayel 3

Starts from the last sale price (AED 3.55M, 31 May 2024). 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 →