1 Bed | Upgraded | Furnished | Rented at AED 140,000

1BR | Upgraded | Tenanted at AED 140k | City View

AED 2,400,000 1 Bed · 2 bath · 788 sqft

Asayel 2, Madinat Jumeirah Living, Madinat Jumeirah Living, Dubai

About this property

An upgraded, furnished one-bedroom of 788 sqft on a middle floor in Asayel, with a city outlook.

The apartment is tenanted at AED 140,000 a year, which against the asking price is a gross yield of roughly 5.8% — strong for Madinat Jumeirah Living, where the entry price usually compresses yields below what outer communities achieve.

The unit has been upgraded beyond the developer's standard handover specification.

Sold with the tenancy in place.

Features

• 1 Bedroom Apartment
• 2 Bathrooms
• 788 sqft built-up area
• Middle floor
• City view
• Upgraded beyond standard specification
• Fully furnished throughout
• Tenanted at AED 140,000 per year
• Approx. 5.8% gross yield
• Built-in wardrobes
• Private balcony
• 1 covered parking space
• Freehold title

Amenities

• Balcony
• Built-in Wardrobes
• Concierge
• Covered Parking
• Furnished
• Gym
• Kids Play Area
• Security 24/7
• Shared Pool

About Asayel 2

Asayel was one of the first three buildings delivered at Madinat Jumeirah Living and is fully occupied, with an established rental market.

That maturity is the attraction for investors: unlike the newer phases, Asayel has a documented letting history, and units frequently trade with a tenant already in place.

The buildings are low-rise around landscaped courtyards, with swimming pools, a gymnasium, children's play areas and direct access to the community's walkways and retail.

The pedestrian bridge to Madinat Jumeirah and Souk Madinat is a short walk, and the Burj Al Arab sits directly across from the community.

About Madinat Jumeirah Living

Madinat Jumeirah Living is the first freehold community in Umm Suqeim, developed by Dubai Holding directly opposite the Burj Al Arab.

The masterplan covers 40 hectares and holds 54 buildings across eight sub-communities — Al Jazi, Elara, Jadeel, Asayel, Jomana, Lamaa, Lamtara and Rahaal — laid out low-rise around shaded walkways, courtyards and landscaped gardens rather than as towers.

An air-conditioned pedestrian bridge connects the community directly to Madinat Jumeirah and Souk Madinat Jumeirah, so the resort's restaurants, waterways and private beach are reachable on foot without crossing a road.

The architecture follows the Arabian style of the Madinat Jumeirah resort next door — wind towers, sand-coloured stone and timber screens — which is what separates MJL visually from every other freehold community in Dubai.

Within the community there is a retail centre, gyms, swimming pools, daycare, playgrounds and concierge. Jumeirah Beach, Wild Wadi, Dubai Marina and Mall of the Emirates are all a short drive, and Sheikh Zayed Road is minutes away.

Supply is finite: MJL is bounded by the resort and Umm Suqeim on all sides, with no further land released.

Property details

Enquire on WhatsApp or call +971 54 281 55 82.