1-bed · 605 sqftLaya Heights, Dubai Studio City · 5th floor · completed 2023

501, 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 501 · DLD and Ejari recordsUpdated 4 May 2025
Last soldAED 650K3 November 2023
Current rentAED 65K /yr4 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Laya Heights

What is 501 worth today?

Last sold for AED 650,325 in 2023

Unlock today's estimate, updated daily, with

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

4 May 2025RentedRenewal
AED 65,000/yr12 months · AED 107 per sqft
4 May 2024RentedNew contract
AED 65,000/yr12 months · AED 107 per sqft
3 Nov 2023Sold by developerOff-plan
AED 650,325AED 1,074 per sqft

Source: Dubai Land Department. Updated 4 May 2025.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
5th of 8
Parking
B-209
Developer
Laya Developers
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 650K · November 2023
Building
Laya Heights

About 501, Laya Heights

501 is a one-bedroom apartment of 605 sqft on the 5th floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers . The developer sold it on 3 November 2023 for AED 650,325, or AED 1,074 per sqft, 4% below the AED 1,114 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 4 May 2025, is AED 65,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 8,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, November 2023: AED 650,325 (AED 1,074 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Laya Heights
65K70K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, May 2024: AED 65,000 a yearRenewal, May 2025: AED 65,000 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 501 sits

All 219 1-beds →

501 last sold in November 2023 at AED 1,074 per sqft, 4% below what one-beds in Laya Heights were fetching at the time (AED 1,114). 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. 501's AED 65,000 is in the lower 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 5th floor

All 389 units in Laya Heights
Value
5021-bedAED 925K · Sep 2025
5031-bedAED 646K · Jan 2024
5041-bedAED 950K · May 2025
5051-bedAED 850K · Jul 2024
5061-bedAED 935K · May 2025
5071-bedAED 885K · Sep 2024
5091-bedAED 42K · Jul 2026
1–7 of 47

501, Laya Heights in numbers

  • Sold once: by Laya Developers on 3 November 2023 for AED 650,325, or AED 1,074 per sqft.
  • Rented since May 2024 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 10.0%, 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 4 May 2025.

Questions about 501, Laya Heights

What did unit 501 last sell for?

AED 650,325 on 3 November 2023, sold by the developer: AED 1,074 per sqft for 605 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 65,000 a year on the contract renewed on 4 May 2025. The previous contract, from May 2024, was AED 65,000.

How big is unit 501?

605 sqft (56.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 501 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 501? 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 501, Laya Heights

Starts from the last sale price (AED 650K, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,325
Deposit, UAE resident (20%)
AED 130,065
Deposit, non-resident (40%)
AED 260,130
Monthly over 25 years at 3.7%
AED 2,661

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