Finnish mobile manufacturer Nokia is expected to unveil the Asha 502 in the fourth quarter of this year.

Twitter user famous for leaking upcoming smartphones @evleaks tweeted a photo of the alleged successor of the popular Asha 501 and hinted that the new smartphone would be coming by the end of this year.

The leaked image shows off a similar design to its predecessor. The device will also come in bright color options. It also packs an LED flash beside its rear camera, which is lacking on its predecessor. The device may come bundled with glass casing as per the leaked photo.

Phones Review reported that Asha 502 will be released on October 22 at a Nokia event in Abu Dhabi, UAE. The event is expected to introduce the company's own phablet - Nokia Lumia 1520 as well as Asha handsets.

According to Gadgets NDTV, specs and features of Asha 502 include a polycarbonate body; 3.2 to 3.5 inch screen display; scratch resistant feature; 128MB to 512MB RAM; 5 megapixel camera and dual-SIM feature. The Asha 502 would also feature Nokia SLAM Bluetooth transfer for faster sharing of files, pictures and even videos.

However, Nokia offers no detail on the availability and pricing of the Asha phone thus far.