1-bed · 766 sqftAsayel 3, Umm Suqeim Third · 6th floor · completed 2023

602, Asayel 3

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

Unit 602 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 2.4M11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Asayel 3

What is 602 worth today?

Last sold for AED 2,400,000 in 2024

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11 Jul 2024SoldReady
AED 2,400,000AED 3,134 per sqft
23 Nov 2023Sold by developerReady
AED 1,306,000AED 1,705 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
1-bed apartment
Size
766 sqft
Floor
6th of 8
Parking
B-204
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 12,600 /yr
Last sold
AED 2.4M · July 2024
Building
Asayel 3

About 602, Asayel 3

602 is a one-bedroom apartment of 766 sqft on the 6th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 11 July 2024 for AED 2,400,000, or AED 3,134 per sqft, 21% above the AED 2,590 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, 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, November 2023: AED 1,306,000 (AED 1,705 per sqft)Sold, July 2024: AED 2,400,000 (AED 3,134 per sqft)

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

Rents
Unit 602, 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 602 sits

All 71 1-beds →

602 last sold in July 2024 at AED 3,134 per sqft, 21% above what one-beds in Asayel 3 were fetching at the time (AED 2,590). 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 6th floor

All 130 units in Asayel 3
Value
6011-bedAED 2.1M · Nov 2023
6032-bedAED 3.1M · Feb 2023
6042-bedAED 3.23M · Oct 2023
6052-bedAED 3.3M · Mar 2023
6062-bedAED 2.03M · Oct 2024
6072-bedAED 2.46M · Sep 2021
6082-bedAED 2.03M · Oct 2021
1–7 of 14

602, Asayel 3 in numbers

  • Sold twice: first on 23 November 2023 for AED 1,306,000, last on 11 July 2024 for AED 2,400,000 (AED 3,134 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 11 July 2024.

Questions about 602, Asayel 3

What did unit 602 last sell for?

AED 2,400,000 on 11 July 2024: AED 3,134 per sqft for 766 sqft. The unit has 2 registered sales; the first was AED 1,306,000 in November 2023.

How big is unit 602?

766 sqft (71.2 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 602 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 602, Asayel 3

Starts from the last sale price (AED 2.4M, 11 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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