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Dubai · Madinat Jumeirah Living

Asayel by Meraas Holding

At a glance

Specifications

Address

Dubai,Umm Suqeim,Umm Suqeim 3,Madinat Jumeirah Living,Asayel

Price range

AED 2,263,584–8,995,390

Completion

Ready

Payment plan

10% / 40% / 50%

Property type

Apartment

About this project

Asayel at Madinat Jumeirah Living

Asayel is a Meraas Holding development in Madinat Jumeirah Living, Umm Suqeim 3. Three residential buildings offer apartments across one to four bedrooms in one of Dubai's established coastal districts.

A Coastal Address in Umm Suqeim

Madinat Jumeirah Living sits alongside the Madinat Jumeirah resort complex, putting residents within walking distance of Souk Madinat Jumeirah. The Burj Al Arab and Jumeirah Beach Hotel are nearby, and the beach is minutes from the community.

Commuting from here means using Al Wasl Road or Umm Suqeim Road. Downtown Dubai is approximately 20 minutes by car. The area is residential but benefits from the retail and hospitality infrastructure of the surrounding resort precinct. This location suits buyers who want coastal access in an established part of the city.

From AED 2.26M to AED 9M

Prices at Asayel run from AED 2,263,584 at the low end to AED 8,995,390 at the top. The spread of nearly four times reflects the range of unit sizes and bedroom configurations across three buildings, not different quality tiers within the development.

One-bedroom apartments in Building 3 start from AED 2.26M, with sizes from 768 sq ft. These represent the entry point for buyers seeking Umm Suqeim's coastal positioning. Two-bedroom units start from AED 3.19M and rise to just over AED 4.1M depending on building and layout. Three-bedroom apartments open at AED 5.67M.

Four-bedroom apartments range from AED 7.86M to AED 9M, with the largest layouts running over 3,900 sq ft. The buyer at this level is purchasing meaningful scale in a premium coastal location. The buyer at the entry point is prioritising the postcode over the footprint.

Apartments Across Four Bedroom Types

Asayel is an all-apartment development. The unit mix spans 1, 2, 3 and 4-bedroom configurations across three buildings. Smaller units suit investors and couples; two and three-bedroom apartments serve families; four-bedroom units are for larger households who want the community amenities alongside substantial living space.

Amenities

Category Facilities
Recreation Shared Pool, Children's Pool, Children's Play Area, Gymnasium
Security CCTV Security, Security
Parking Covered Parking

The on-site package covers the daily essentials. A gym, a main pool, and dedicated children's facilities serve resident needs without requiring trips outside the development. The children's pool alongside the shared adult pool reflects the family profile this project targets. The offering is functional rather than resort-style, but the Madinat Jumeirah precinct nearby adds substantial leisure and hospitality options.

Project Timing

Construction at Asayel started in June 2019. The expected completion date was May 2023, meaning the project has passed its scheduled handover point. Buyers looking at Asayel today are entering a completed development rather than an off-plan purchase with remaining build risk.

Getting In at 10% Down

Phase Percentage
Down payment 10%
During construction 40%
On handover 50%

The original payment structure required 10% at signing, with 40% across construction milestones and 50% due at handover. With the project at completion, this structure applies primarily to any remaining developer stock. The 50% due at handover concentrates a large capital requirement at a single point rather than spreading it across the holding period.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0240%
    During construction50% paid
  3. Step 0350%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Jun 2019

    Booking started
  2. Jun 2019

    Construction started
  3. May 2023

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Umm Suqeim,Umm Suqeim 3,Madinat Jumeirah Living,Asayel

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FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Asayel?

The starting price for apartments in Asayel is AED 2,263,584, offering a premium investment opportunity in Madinat Jumeirah Living, Dubai. With a maximum price reaching AED 8,995,390, there are various options for different budgets. This competitive pricing makes investing in Dubai real estate attractive.

Q02

What types of properties and prices can I find in Asayel?

Asayel features off-plan apartments with prices ranging from AED 2,263,584 to AED 8,995,390. This range allows buyers to select from various property sizes and configurations, ensuring there's something for everyone in this luxurious Dubai community.

Q03

What is the payment plan for Asayel in Madinat Jumeirah Living?

The payment plan for Asayel consists of a 10% down payment, followed by 40% during construction, and the remaining 50% upon handover. This flexible structure makes it easier for investors to manage their finances while securing a property in Dubai's prestigious location.

Q04

When will Asayel be ready for occupancy?

Asayel is expected to be ready for occupancy by May 11, 2023. This anticipated completion date allows buyers to plan for their move into this stunning development in Madinat Jumeirah Living, Dubai.

Q05

Where is Asayel located in Dubai?

Asayel is located at Madinat Jumeirah Living, Umm Suqeim 3, Dubai. This prime location offers residents easy access to beautiful beaches, shopping, and dining options, making it an ideal choice for luxury living in Dubai.

Q06

Who is developing Asayel?

Asayel is developed by Meraas Holding, a reputable name in the UAE real estate market known for creating innovative and high-quality developments. Their expertise ensures that Asayel will meet the highest standards of luxury living.

Q07

What amenities are available at Asayel?

Asayel offers a range of premium amenities, including a state-of-the-art gymnasium, shared pool, children's play area, and 24/7 CCTV security. These features enhance the lifestyle of residents, making it a family-friendly community.

Q08

What types of properties are available in Asayel?

Asayel offers luxurious off-plan apartments, catering to a variety of preferences and needs. With stunning designs and high-quality finishes, these apartments provide an exceptional living experience in the heart of Dubai.

Q09

Is investing in Asayel a good opportunity?

Investing in Asayel presents an excellent opportunity due to its prime location in Madinat Jumeirah Living, potential for capital appreciation, and the reputation of Meraas Holding. With the Dubai real estate market showing positive trends, Asayel is a strong investment option.

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