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Studio · 373 sqftLaya Heights, Dubai Studio City · 3rd floor · completed 2023

338, Laya Heights

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

Unit 338 · DLD and Ejari recordsUpdated 13 January 2025
Last soldAED 465K26 May 2023
Current rentAED 54K /yr13 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 338, Laya Heights

What is 338 worth today?

Last sold for AED 465,000 in 2023

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13 Jan 2025RentedNew contract
AED 54,000/yr12 months · AED 145 per sqft
1 Sep 2024RentedNew contract
AED 54,000/yr12 months · AED 145 per sqft
1 Mar 2024RentedNew contract
AED 46,740/yr6 months · AED 125 per sqft
26 May 2023Sold by developerOff-plan
AED 465,000AED 1,248 per sqft

Source: Dubai Land Department. Updated 13 January 2025.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
3rd of 8
Parking
1
Developer
Laya Developers
Completed
2023
Service charge
AED 5,100 /yr
Last sold
AED 465K · May 2023
Building
Laya Heights

About 338, Laya Heights

338 is a studio of 373 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 26 May 2023 for AED 465,000, or AED 1,248 per sqft, in line with the AED 1,244 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 13 January 2025, is AED 54,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for 338 over time

Sales
Unit 338, each saleTypical studio in Laya Heights
500K600K20232024202520262027Typical sale price by year: 2023 AED 485,000; 2024 AED 625,000; 2025 AED 635,000; 2026 AED 650,000Sold by developer, May 2023: AED 465,000 (AED 1,248 per sqft)

338 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 338, each contractTypical studio in Laya Heights
50K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 50,000; 2026 AED 50,000New contract, March 2024: AED 46,740 a yearNew contract, September 2024: AED 54,000 a yearNew contract, January 2025: AED 54,000 a year

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

Studios in Laya Heights, and where 338 sits

All 170 studios →

338 last sold in May 2023 at AED 1,248 per sqft, in line with what studios in Laya Heights were fetching at the time (AED 1,244). Over the last 12 months studios sold for AED 565,000 to 675,000, around AED 1,619 per sqft, and rent for AED 35,000 to 70,588 a year. 338's AED 54,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026607,000
24 Jul 2026570,000
8 Jul 2026650,000
19 Jun 2026565,000
13 studio 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

338, Laya Heights in numbers

  • Sold once: by Laya Developers on 26 May 2023 for AED 465,000, or AED 1,248 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, from AED 46,740 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2023 price is 11.6%, before a service charge of about AED 5,100 a year (AED 13.56 per sqft).
  • Studios in Laya Heights sold for AED 565,000–675,000 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 13 January 2025.

Questions about 338, Laya Heights

What did unit 338 last sell for?

AED 465,000 on 26 May 2023, sold by the developer: AED 1,248 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 338?

AED 54,000 a year on the contract signed on 13 January 2025. The previous contract, from September 2024, was AED 54,000; the unit has been rented since March 2024.

How big is unit 338?

373 sqft (34.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 338 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Laya Heights sold for AED 565,000 to 675,000 in the last 12 months, around AED 1,619 per sqft.

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Mortgage on 338, Laya Heights

Starts from the last sale price (AED 465K, 26 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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