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1-bed · 660 sqftLaya Heights, Dubai Studio City · 1st floor · completed 2023

118, Laya Heights

Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 14 September 2026
Last soldAED 700K9 May 2024
Current rentAED 65K /yr14 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Laya Heights

What is 118 worth today?

Last sold for AED 700,000 in 2024

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14 Sep 2026RentedNew contract
AED 65,000/yr24 months · AED 99 per sqft
14 Feb 2026RentedNew contract
AED 88,800/yr12 months · AED 134 per sqft
29 Apr 2025RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
9 May 2024Sold by developerReady
AED 700,000AED 1,059 per sqft

Source: Dubai Land Department. Updated 14 September 2026.

Key facts

Type
1-bed apartment
Size
660 sqft
Floor
1st of 8
Parking
B-62
Developer
Laya Developers
Completed
2023
Service charge
AED 9,000 /yr
Last sold
AED 700K · May 2024
Building
Laya Heights

About 118, Laya Heights

118 is a one-bedroom apartment of 660 sqft on the 1st floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers . The developer sold it on 9 May 2024 for AED 700,000, or AED 1,059 per sqft, 8% below the AED 1,153 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 14 September 2026, is AED 65,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Laya Heights
800K20232024202520262027Typical sale price by year: 2023 AED 700,000; 2024 AED 875,000; 2025 AED 930,000; 2026 AED 920,000Sold by developer, May 2024: AED 700,000 (AED 1,059 per sqft)

118 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 118, each contractTypical one-bed in Laya Heights
80K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, April 2025: AED 75,000 a yearNew contract, February 2026: AED 88,800 a yearNew contract, September 2026: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Laya Heights, and where 118 sits

All 219 1-beds →

118 last sold in May 2024 at AED 1,059 per sqft, 8% below what one-beds in Laya Heights were fetching at the time (AED 1,153). Over the last 12 months one-beds sold for AED 67,113 to 1,100,000, around AED 1,406 per sqft, and rent for AED 58,000 to 90,000 a year. 118's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202624,850
5 Aug 202649,610
4 Aug 2026920,000
30 Jul 202656,937
37 1-bed sales in the last 12 months

Laya Heights

Building

389 apartments, studios to 1-bed over 8 floors in Dubai Studio City, completed in 2023 by Laya Developers . 50 sold in the last 12 months.

Typical price per sqft
AED 1,475 Down 3.8%
Typical sale
AED 672K
Typical rent
AED 70K /yr
Typical yield
8.3%
Laya Heights, Dubai Studio City: prices, sales and rents →

Other units on the 1st floor

All 389 units in Laya Heights
Value
1011-bedAED 890K · Aug 2024
1021-bedAED 865K · Jun 2024
1031-bedAED 775K · Jul 2023
1041-bedAED 890K · May 2024
1051-bedAED 880K · May 2025
106StudioAED 650K · Jul 2026
1071-bedAED 890K · Mar 2024
1–7 of 44

118, Laya Heights in numbers

  • Sold once: by Laya Developers on 9 May 2024 for AED 700,000, or AED 1,059 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 75,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 9,000 a year (AED 13.56 per sqft).
  • One-beds in Laya Heights sold for AED 67,113–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,475 per sqft.

Source: Dubai Land Department. Updated 14 September 2026.

Questions about 118, Laya Heights

What did unit 118 last sell for?

AED 700,000 on 9 May 2024, sold by the developer: AED 1,059 per sqft for 660 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 65,000 a year on the contract signed on 14 September 2026. The previous contract, from February 2026, was AED 88,800; the unit has been rented since April 2025.

How big is unit 118?

660 sqft (61.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Laya Heights sold for AED 67,113 to 1,100,000 in the last 12 months, around AED 1,406 per sqft.

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Mortgage on 118, Laya Heights

Starts from the last sale price (AED 700K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →