−6% Photos and renders of the building and grounds — not of this particular unit.
Asayel Building 3
1 BR · Apartment
About the building
A residential building in Asayel. Developer — Dubai Holding.
Specifications for Asayel Building 3 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
Madinat Jumeirah Living
Madinat Jumeirah Living: a low-rise Arabesque community opposite Burj Al Arab, and one of the few genuinely walkable places in Dubai.
- walkable low-rise living
- end-user resale demand
- long-term holds
What to check: Orientation within the courtyard matters more than floor level here, and afternoon sun exposure varies considerably between buildings. View at the time of day you would actually use the terrace.
Full district guide →Questions and answers about lot NP4-496898
How much is this 1-bedroom apartment in Asayel Building 3?
Lot NP4-496898 is priced at AED 1 975 000, about $538 000. The size is 772 sq ft (72 m²), which works out at AED 2 558 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 100 000; it is now AED 1 975 000 — AED 125 000 less, or 6%.
Is this expensive or cheap for Madinat Jumeirah Living?
The database holds 49 lots in Madinat Jumeirah Living, starting from AED 1 700 000. The area median is AED 3 055 per sq ft; this lot, at AED 2 558, is 16% below it. 10 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Madinat Jumeirah Living area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 395 000; a loan of AED 1 580 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 100–9 200 a month. A non-resident puts down from 40% (AED 790 000) and pays about AED 6 100–6 900 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 79 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 25 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-496898 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Asayel Building 3
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Madinat Jumeirah Living
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram