PropertyIndex

Asayel at Madinat Jumeirah Living

Completed · Q2 2023|336 units · 1 tower · 2 buildings

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Asayel at Madinat Jumeirah Living is a completed apartment development by JUMEIRAH HILLS DEVELOPMENT L.L.C in Madinat Jumeirah Living, Um Suqaim Third, comprising 336 registered units. 513 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,427 per sqft. At AED 2,427 per sqft, Asayel at Madinat Jumeirah Living prices 28% below the Madinat Jumeirah Living average of AED 3,364 per sqft on registered sales.

PIX© price · 5.9% YoY
2.94MAED
Typical
2,427AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
513
DLD · all time
Rent contracts
351
Ejari · all time
Asayel at Madinat Jumeirah Living

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
92 – 4,147 sqft
3362.94M2,4275.9%170K5.8%
Residential
1 Bed · Apartment
766 – 1,286 sqft
159
2 Bed · Apartment
1,083 – 2,871 sqft
119
3 Bed · Apartment
1,926 – 2,658 sqft
15
4 Bed · Apartment
2,681 – 4,147 sqft
14
4 Bed · Villa
Commercial
Store
92 – 405 sqft
29
Sales — Project-Wide513 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 54 sales
Asayel 3 · 20 sales
Asayel 2 · 13 sales
Asayel 1 · 21 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
23 Jun 20263 BedAsayel 1 · Floor 82,1924,415,5402,014-16.7%StandardStandard Sale
5 May 20261 BedAsayel 1 · Floor 28131,500,0001,846-31.8%Entry LevelStandard Sale
27 Mar 20261 BedAsayel 1 · Floor 58692,500,0002,877+38.9%PremiumStandard Sale
Rentals — Project-Wide351 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 239 rentals
Floor 1 · 32 rentals
Floors 2-9 · 207 rentals
Asayel 1 · 58 rentals
Floor 1
Floors 2-9 · 52 rentals
Asayel 3 · 103 rentals
Floor 1 · 12 rentals
Floors 2-9 · 91 rentals
Asayel 2 · 78 rentals
Floor 1 · 14 rentals
Floors 2-9 · 64 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
21 Aug 20261 Bed853105,000123Standardrenewal
20 Aug 20261 Bed772100,000130Entry Levelnew
17 Aug 20262 BedAsayel 3 · Floor 11,099160,000146-27.4%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Madinat Jumeirah Living

The closest-priced registered projects in Madinat Jumeirah Living.

Common questions about Asayel at Madinat Jumeirah Living

Answered from Dubai Land Department registered transactions.

How much does a property in Asayel at Madinat Jumeirah Living cost?

Property in Asayel at Madinat Jumeirah Living sells at a current PIX© price of AED 2,427 per sqft, or about AED 2,940,634 for a typical unit, based on 513 sales registered with the Dubai Land Department.

Is Asayel at Madinat Jumeirah Living completed?

Yes. Asayel at Madinat Jumeirah Living is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Asayel at Madinat Jumeirah Living?

Asayel at Madinat Jumeirah Living is developed by JUMEIRAH HILLS DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Asayel at Madinat Jumeirah Living?

Asayel at Madinat Jumeirah Living yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 351 registered Ejari contracts.

How many units are in Asayel at Madinat Jumeirah Living?

Asayel at Madinat Jumeirah Living holds 336 registered units, per the Dubai Land Department unit register.

Have prices in Asayel at Madinat Jumeirah Living gone up or down?

Price per sqft has fallen -5.9% over the last 12 months, to AED 2,427, across 513 registered sales.