1-bed · 776 sqftAsayel 3, Umm Suqeim Third · 5th floor · completed 2023

516, Asayel 3

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

Unit 516 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 1.78M23 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Asayel 3

What is 516 worth today?

Last sold for AED 1,775,000 in 2023

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23 Mar 2023SoldOff-plan
AED 1,775,000AED 2,288 per sqft
13 Apr 2021Sold by developerOff-plan
AED 1,305,000AED 1,682 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
1-bed apartment
Size
776 sqft
Floor
5th of 8
Parking
B-18
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,700 /yr
Last sold
AED 1.78M · March 2023
Building
Asayel 3

About 516, Asayel 3

516 is a one-bedroom apartment of 776 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 23 March 2023 for AED 1,775,000, or AED 2,288 per sqft, 17% above the AED 1,962 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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 1,305,000 (AED 1,682 per sqft)Sold, March 2023: AED 1,775,000 (AED 2,288 per sqft)

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

Rents
Unit 516, 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 516 sits

All 71 1-beds →

516 last sold in March 2023 at AED 2,288 per sqft, 17% above what one-beds in Asayel 3 were fetching at the time (AED 1,962). 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
5051-bedAED 1.44M · Apr 2021
5061-bedAED 1.43M · Apr 2021
5071-bedAED 1.43M · Aug 2021
1–7 of 15

516, Asayel 3 in numbers

  • Sold twice: first on 13 April 2021 for AED 1,305,000, last on 23 March 2023 for AED 1,775,000 (AED 2,288 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 23 March 2023.

Questions about 516, Asayel 3

What did unit 516 last sell for?

AED 1,775,000 on 23 March 2023: AED 2,288 per sqft for 776 sqft. The unit has 2 registered sales; the first was AED 1,305,000 in April 2021.

How big is unit 516?

776 sqft (72.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 516 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 516, Asayel 3

Starts from the last sale price (AED 1.78M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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