Home
Dubai prices
About
Blog
1-bed · 607 sqftLaya Heights, Dubai Studio City · 2nd floor · completed 2023

242, Laya Heights

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

Unit 242 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 700K27 November 2023
Current rentAED 77K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 242

Property timeline for 242, Laya Heights

What is 242 worth today?

Last sold for AED 700,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Dec 2025RentedRenewal
AED 77,000/yr12 months · AED 127 per sqft
18 Dec 2024RentedNew contract
AED 77,000/yr12 months · AED 127 per sqft
27 Nov 2023Sold by developerOff-plan
AED 700,000AED 1,153 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
1-bed apartment
Size
607 sqft
Floor
2nd of 8
Parking
1
Developer
Laya Developers
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 700K · November 2023
Building
Laya Heights

About 242, Laya Heights

242 is a one-bedroom apartment of 607 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 27 November 2023 for AED 700,000, or AED 1,153 per sqft, in line with the AED 1,134 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 77,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 8,200 a year.

Sales and rents for 242 over time

Sales
Unit 242, 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, November 2023: AED 700,000 (AED 1,153 per sqft)

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

Rents
Unit 242, each contractTypical one-bed in Laya Heights
70K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, December 2024: AED 77,000 a yearRenewal, December 2025: AED 77,000 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 242 sits

All 219 1-beds →

242 last sold in November 2023 at AED 1,153 per sqft, in line with what one-beds in Laya Heights were fetching at the time (AED 1,134). 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. 242's AED 77,000 is in the upper 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 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

242, Laya Heights in numbers

  • Sold once: by Laya Developers on 27 November 2023 for AED 700,000, or AED 1,153 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 8,200 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 18 December 2025.

Questions about 242, Laya Heights

What did unit 242 last sell for?

AED 700,000 on 27 November 2023, sold by the developer: AED 1,153 per sqft for 607 sqft. It is the only registered sale of the unit.

What is the rent for unit 242?

AED 77,000 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 77,000.

How big is unit 242?

607 sqft (56.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 242 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.

Selling 242? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 242, Laya Heights

Starts from the last sale price (AED 700K, 27 November 2023). 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 →