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1-bed · 641 sqftLaya Heights, Dubai Studio City · 2nd floor · completed 2023

226, Laya Heights

Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 226 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 615K15 June 2023
Current rentAED 30K /yr12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 226, Laya Heights

What is 226 worth today?

Last sold for AED 615,000 in 2023

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12 Mar 2024RentedNew contract
AED 30,000/yr36 months · AED 46 per sqft
15 Jun 2023Sold by developerOff-plan
AED 615,000AED 959 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
2nd of 8
Parking
1
Developer
Laya Developers
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 615K · June 2023
Building
Laya Heights

About 226, Laya Heights

226 is a one-bedroom apartment of 641 sqft on the 2nd floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers . The developer sold it on 15 June 2023 for AED 615,000, or AED 959 per sqft, 10% below the AED 1,071 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 March 2024. The current contract, signed on 12 March 2024, is AED 30,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 226 over time

Sales
Unit 226, each saleTypical one-bed in Laya Heights
600K800K20232024202520262027Typical sale price by year: 2023 AED 700,000; 2024 AED 875,000; 2025 AED 930,000; 2026 AED 920,000Sold by developer, June 2023: AED 615,000 (AED 959 per sqft)

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

Rents
Unit 226, each contractTypical one-bed in Laya Heights
25K50K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, March 2024: AED 30,000 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 226 sits

All 219 1-beds →

226 last sold in June 2023 at AED 959 per sqft, 10% below what one-beds in Laya Heights were fetching at the time (AED 1,071). 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. 226's AED 30,000 is at the bottom 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 2nd floor

All 389 units in Laya Heights
Value
2011-bedAED 640K · Mar 2023
2021-bedAED 663K · Jul 2023
2031-bedAED 680K · Apr 2023
2041-bedAED 705K · Jan 2024
2051-bedAED 870K · Sep 2024
2061-bedAED 950K · Mar 2026
208StudioAED 470K · Jul 2023
1–7 of 46

226, Laya Heights in numbers

  • Sold once: by Laya Developers on 15 June 2023 for AED 615,000, or AED 959 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 8,700 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 12 March 2024.

Questions about 226, Laya Heights

What did unit 226 last sell for?

AED 615,000 on 15 June 2023, sold by the developer: AED 959 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 226?

AED 30,000 a year on the contract signed on 12 March 2024.

How big is unit 226?

641 sqft (59.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 226 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 226, Laya Heights

Starts from the last sale price (AED 615K, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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