Asayel 1
About Asayel 1
(sq. ft.)
Asayel 1 is a residential complex located in Umm Suqeim, Dubai. It is one of three Asayel buildings that are situated in the larger development of Madinat Jumeirah Living. Properties include one- to four-bedroom apartments. The project was developed by Dubai Holding and is expected to be commissioned in 2023.
Depending on the layout, apartments range in size from 770 sq. ft. to 2,690 sq. ft. Units have comfortable sleeping areas, living rooms, dining rooms, several bathrooms, equipped kitchens, and balconies. Three- and four-bedroom apartments also have staff accommodations and offices.
Apartments range in price from AED 1,500,000 to 10,000,000, (USD 410,000 to 3,000,000).
The complex provides a variety of amenities and services, including:
- High-speed elevators for rapid movement between floors
- Covered parking
- Swimming pool
*The price is valid for 2021
- Gym
- Children’s playground
- 24-hour security and video surveillance
- Maintenance services
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Property Information
- Location Umm Suqeim, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-4BR Apartments
- Area from 770 sq. ft.
Location
Asayel 1 is part of the Umm Suqeim district, which is connected to other parts of Dubai via Sheikh Zayed Road, one of the city’s main highways. The nearest bus stop, Burj Al Arab Hotel 2, can be reached within five minutes of the residences. The Mall of the Emirates Metro Station is situated within a 10-minute drive, and Dubai International Airport is located within a 20-minute drive.
For groceries and household goods, residents can shop at Waitrose, Aswaaq Mart, and Omar Al Muhairi Grocery, which can be reached within a 10-minute drive of the apartments. Residents can choose from a selection of local restaurants and cafes. Eat & Drink Restaurant and Tashas Al Jalila are situated within a five-minute drive, and Kaftan Turkish Cuisine & Fine Art is located within a 10-minute drive.
Residents can take advantage of nearby schools, such as Umm Suqeim Kindergarten and Emirates International School Jumeirah. For medical care, residents can go to Medcare Clinic.
The complex is situated within a 10- to 15-minute drive of several popular destinations, including:
- Burj Al Arab, a luxury hotel with an unconventional, elegant, and modern architectural design
- Wild Wadi Waterpark Dubai, a family-friendly amusement park with pools, slides, and rides
- Kite Beach, a public beach that accommodated water activities, such as kitesurfing and kayaking
Payback
Properties at Asayel 1 have a return on investment rate that ranges from 4.5% to 5.9%, which is considered to be quite profitable. Units can be purchased to subsequently rent out, which can generate a passive income. If current trends continue, investments can be recouped within 15 to 18 years.
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Metropolitan Premium Properties
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