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1-bed · 641 sqftLaya Heights, Dubai Studio City · 3rd floor · completed 2023

323, Laya Heights

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

Unit 323 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 645K17 April 2023
Current rentAED 49K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, Laya Heights

What is 323 worth today?

Last sold for AED 645,000 in 2023

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31 Aug 2024RentedNew contract
AED 48,837/yr6 months · AED 76 per sqft
17 Apr 2023Sold by developerOff-plan
AED 645,000AED 1,006 per sqft

Source: Dubai Land Department. Updated 31 August 2024.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
3rd of 8
Parking
1 0
Developer
Laya Developers
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 645K · April 2023
Building
Laya Heights

About 323, Laya Heights

323 is a one-bedroom apartment of 641 sqft on the 3rd floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers . The developer sold it on 17 April 2023 for AED 645,000, or AED 1,006 per sqft, 6% below the AED 1,071 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 August 2024. The current contract, signed on 31 August 2024, is AED 48,837 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, April 2023: AED 645,000 (AED 1,006 per sqft)

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

Rents
Unit 323, each contractTypical one-bed in Laya Heights
60K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, August 2024: AED 48,837 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 323 sits

All 219 1-beds →

323 last sold in April 2023 at AED 1,006 per sqft, 6% 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. 323's AED 48,837 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 3rd floor

All 389 units in Laya Heights
Value
3011-bedAED 650K · Feb 2023
3021-bedAED 840K · Jul 2024
3031-bedAED 940K · Feb 2026
3041-bedAED 710K · Oct 2023
3051-bedAED 650K · Sep 2023
3061-bedAED 710K · Apr 2023
3071-bedAED 840K · Oct 2024
1–7 of 48

323, Laya Heights in numbers

  • Sold once: by Laya Developers on 17 April 2023 for AED 645,000, or AED 1,006 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 48,837 a year.
  • At AED 48,837 a year the gross yield on the 2023 price is 7.6%, 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 31 August 2024.

Questions about 323, Laya Heights

What did unit 323 last sell for?

AED 645,000 on 17 April 2023, sold by the developer: AED 1,006 per sqft for 641 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 48,837 a year on the contract signed on 31 August 2024.

How big is unit 323?

641 sqft (59.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 323 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 323, Laya Heights

Starts from the last sale price (AED 645K, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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