Asayel 3
A 1 bed in Asayel 3 costs a median AED 2.33M, rents long-let for AED 125,000/yr (5.21% gross), and returns 8.93% short-let at the assumed 80% occupancy — -0.5 pts vs Umm Suqeim's 5.66% and -1.8 pts vs Dubai's 6.97% — from 12 sales and 110 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 7 in 12 months
- Rental contracts · 1 bed
- 55 in 12 months
- Buy
- 2.33MAED
- AED 3,070/sqft
- Long-let
- 5.21%
- AED 125,000/yr
- Short-let
- 8.93%
- AED 896/night · 1.13/sqft
Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent February 2026.
Priced off the last 5 sales — most recent February 2026.
- Yield spread
- -0.5 pts
- vs the Umm Suqeim median for this unit type
- Turnover upside
- +3.3%
- new tenants pay more than sitting ones — 48 renewals
- AED/yr/sqft
- AED 155
- Sales
- 12
- Rental contracts
- 110
- Renewal rent
- AED 121,000/yr
- 12 months
- +6.3%
- 3 years
- +32.9%+9.9%/yr
- 5 years
- +82.5%+12.8%/yr
Based on 12 sales and 110 rental contracts in the last 24 months. Rental data covers the whole Asayel at Madinat Jumeirah Living project, not this tower alone.
Asayel 3 is an apartment building in Umm Suqeim, Dubai, one of the towers in the Asayel at Madinat Jumeirah Living development. The closest metro station is First Abu Dhabi Bank Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Burj Al Arab. Land Department records for it run from 2021 to 2026, 470 registered sales in all — the 12 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Asayel 3, by year.
Chart data: Jan 2021, 1741 AED/sqft; latest, Feb 2026, 2884 AED/sqft; peak, Jan 2026, 3095 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Umm Suqeim median for the same unit type. How these yields are computed
How these yields are computed
Short-let rates around Asayel 3
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.98 AED/night/sqft; latest Sep 2027, 0.86 AED/night/sqft; peak Mar 2027, 1.41 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Asayel 3 between 2021 and 2023 went for a median of AED 1,825/sqft (AED 1.70M). The same building resells today at AED 2,953/sqft (AED 2.38M) — an uplift of +40.0%.
Based on 181 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
9 resales in the last 12 months, against 28 a year on average over 2023–2025.
Sales
Nothing registered in the last 3 months. Try a wider window.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- First Abu Dhabi Bank Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Burj Al Arab
Compare with nearby buildings
The most-traded buildings in Asayel at Madinat Jumeirah Living, on the same figures over the same window.
- Highest rental yields in Umm Suqeim · Asayel 3 places 10th of 15
- Asayel 1 · 5.40%
- Asayel 2 · 6.00%
- Nourelle Building 3
- Nourelle Building 2
- Jadeel 3 · 3.29%
- Nourelle Building 1
- Lamaa 2
- Al Jazi 2 · 7.65%
Common questions
- What is the rental yield in Asayel 3?
- Asayel 3 returns 5.21% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 110 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Asayel 3 cost?
- The median registered sale price is AED 2.33M (2,946 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Asayel 3 selling for right now?
- Registered sales of ready units in Asayel 3 over the last 12 months have a median of 3,070 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Asayel 3 risen or fallen?
- Median price per square foot moved +6.3% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Asayel 3 compare with Umm Suqeim?
- Its 5.21% gross yield sits -0.5 pts against the Umm Suqeim median of 5.66%, computed at the same bedroom grain over the same 24-month window.
Asayel 3 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 12 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/umm-suqeim/asayel-3
Cite as: Dubai Wealth Index. “Asayel 3 sale prices and yield.” Umm Suqeim, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/umm-suqeim/asayel-3.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.