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1-bed · 607 sqftLaya Heights, Dubai Studio City · 3rd floor · completed 2023

344, Laya Heights

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

Unit 344 · DLD and Ejari recordsUpdated 11 May 2024
Last soldAED 650K28 July 2023
Current rentAED 75K /yr11 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 344, Laya Heights

What is 344 worth today?

Last sold for AED 650,000 in 2023

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11 May 2024RentedNew contract
AED 75,000/yr12 months · AED 124 per sqft
28 Jul 2023Sold by developerOff-plan
AED 650,000AED 1,071 per sqft

Source: Dubai Land Department. Updated 11 May 2024.

Key facts

Type
1-bed apartment
Size
607 sqft
Floor
3rd of 8
Parking
1 0
Developer
Laya Developers
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 650K · July 2023
Building
Laya Heights

About 344, Laya Heights

344 is a one-bedroom apartment of 607 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 28 July 2023 for AED 650,000, or AED 1,071 per sqft, in line with the AED 1,101 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 May 2024. The current contract, signed on 11 May 2024, is AED 75,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 8,200 a year.

Sales and rents for 344 over time

Sales
Unit 344, 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, July 2023: AED 650,000 (AED 1,071 per sqft)

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

Rents
Unit 344, each contractTypical one-bed in Laya Heights
70K73K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, May 2024: AED 75,000 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 344 sits

All 219 1-beds →

344 last sold in July 2023 at AED 1,071 per sqft, in line with what one-beds in Laya Heights were fetching at the time (AED 1,101). 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. 344's AED 75,000 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 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

344, Laya Heights in numbers

  • Sold once: by Laya Developers on 28 July 2023 for AED 650,000, or AED 1,071 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 11.5%, 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 11 May 2024.

Questions about 344, Laya Heights

What did unit 344 last sell for?

AED 650,000 on 28 July 2023, sold by the developer: AED 1,071 per sqft for 607 sqft. It is the only registered sale of the unit.

What is the rent for unit 344?

AED 75,000 a year on the contract signed on 11 May 2024.

How big is unit 344?

607 sqft (56.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 344 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 344, Laya Heights

Starts from the last sale price (AED 650K, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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