2-bed · 1,129 sqftAsayel 3, Umm Suqeim Third · 7th floor · completed 2023

703, Asayel 3

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 12 April 2021
Last soldAED 2.15M12 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Asayel 3

What is 703 worth today?

Last sold for AED 2,150,000 in 2021

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12 Apr 2021Sold by developerOff-plan
AED 2,150,000AED 1,903 per sqft

Source: Dubai Land Department. Updated 12 April 2021.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
7th of 8
Parking
1
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 18,500 /yr
Last sold
AED 2.15M · April 2021
Building
Asayel 3

About 703, Asayel 3

703 is a two-bedroom apartment of 1,129 sqft on the 7th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . The developer sold it on 12 April 2021 for AED 2,150,000, or AED 1,903 per sqft, 3% above the AED 1,842 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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 2,150,000 (AED 1,903 per sqft)

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

Rents
Unit 703, 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 703 sits

All 59 2-beds →

703 last sold in April 2021 at AED 1,903 per sqft, 3% above what two-beds in Asayel 3 were fetching at the time (AED 1,842). 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 7th floor

All 130 units in Asayel 3
Value
7011-bedAED 2.6M · Oct 2023
7021-bedAED 1.32M · Aug 2021
7042-bedAED 3M · Jan 2023
7052-bedAED 2.48M · Apr 2021
7062-bedAED 2.05M · Jan 2021
7072-bedAED 2.23M · Sep 2021
7081-bedAED 2M · Jan 2024
1–7 of 10

703, Asayel 3 in numbers

  • Sold once: by Jumeirah Hills Development on 12 April 2021 for AED 2,150,000, or AED 1,903 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 12 April 2021.

Questions about 703, Asayel 3

What did unit 703 last sell for?

AED 2,150,000 on 12 April 2021, sold by the developer: AED 1,903 per sqft for 1,129 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 703 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 703, Asayel 3

Starts from the last sale price (AED 2.15M, 12 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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