2-bed · 541 sqftAsayel 3, Umm Suqeim Third · 7th floor · completed 2023

704, Asayel 3

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 3M12 January 2023
Current rentAED 220K /yr27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Asayel 3

What is 704 worth today?

Last sold for AED 3,000,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Mar 2026RentedRenewal
AED 220,000/yr12 months · AED 203 per sqft
27 Mar 2025RentedRenewal
AED 220,000/yr12 months · AED 203 per sqft
27 Mar 2025RentedRenewal
AED 220,000/yr12 months · AED 203 per sqft
27 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 203 per sqft
12 Jan 2023SoldOff-plan
AED 3,000,000AED 2,769 per sqft
12 Apr 2021Sold by developerOff-plan
AED 2,052,000AED 1,894 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
2-bed apartment
Size
541 sqft
Floor
7th of 8
Parking
B-353
Developer
Jumeirah Hills Development
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 3M · January 2023
Building
Asayel 3

About 704, Asayel 3

704 is a two-bedroom apartment of 541 sqft on the 7th floor of Asayel 3, a 8-storey tower in Umm Suqeim Third completed in 2023 by Jumeirah Hills Development . It last sold on 12 January 2023 for AED 3,000,000, or AED 2,769 per sqft, 27% above the AED 2,183 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 27 March 2026, is AED 220,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 8,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 2,052,000 (AED 1,894 per sqft)Sold, January 2023: AED 3,000,000 (AED 2,769 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Asayel 3
180K200K220K2024202520262027Typical rent by year: 2024 AED 210,000; 2025 AED 200,000; 2026 AED 180,000New contract, March 2024: AED 220,000 a yearRenewal, March 2025: AED 220,000 a yearRenewal, March 2025: AED 220,000 a yearRenewal, March 2026: AED 220,000 a year

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 704 sits

All 59 2-beds →

704 last sold in January 2023 at AED 2,769 per sqft, 27% above what two-beds in Asayel 3 were fetching at the time (AED 2,183). 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. 704's AED 220,000 is in the upper half of that range.

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
7032-bedAED 2.15M · Apr 2021
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

704, Asayel 3 in numbers

  • Sold twice: first on 12 April 2021 for AED 2,052,000, last on 12 January 2023 for AED 3,000,000 (AED 2,769 per sqft).
  • Rented since March 2024 on 4 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 8,900 a year (AED 16.40 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 27 March 2026.

Questions about 704, Asayel 3

What did unit 704 last sell for?

AED 3,000,000 on 12 January 2023: AED 2,769 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 2,052,000 in April 2021.

What is the rent for unit 704?

AED 220,000 a year on the contract renewed on 27 March 2026. The previous contract, from March 2025, was AED 220,000; the unit has been rented since March 2024.

How big is unit 704?

541 sqft (50.3 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Asayel 3

Starts from the last sale price (AED 3M, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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