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

505, Laya Heights

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 850K29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Laya Heights

What is 505 worth today?

Last sold for AED 850,000 in 2024

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29 Jul 2024SoldReady
AED 850,000AED 1,405 per sqft
18 Mar 2024Sold by developerReady
AED 649,350AED 1,073 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
5th of 8
Parking
B-154
Developer
Laya Developers
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 850K · July 2024
Building
Laya Heights

About 505, Laya Heights

505 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 . It last sold on 29 July 2024 for AED 850,000, or AED 1,405 per sqft, 16% above the AED 1,208 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, March 2024: AED 649,350 (AED 1,073 per sqft)Sold, July 2024: AED 850,000 (AED 1,405 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Laya Heights
70K73K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000

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 505 sits

All 219 1-beds →

505 last sold in July 2024 at AED 1,405 per sqft, 16% above what one-beds in Laya Heights were fetching at the time (AED 1,208). 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.

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
5011-bedAED 650K · Nov 2023
5021-bedAED 925K · Sep 2025
5031-bedAED 646K · Jan 2024
5041-bedAED 950K · May 2025
5061-bedAED 935K · May 2025
5071-bedAED 885K · Sep 2024
5091-bedAED 42K · Jul 2026
1–7 of 47

505, Laya Heights in numbers

  • Sold twice: first on 18 March 2024 for AED 649,350, last on 29 July 2024 for AED 850,000 (AED 1,405 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 29 July 2024.

Questions about 505, Laya Heights

What did unit 505 last sell for?

AED 850,000 on 29 July 2024: AED 1,405 per sqft for 605 sqft. The unit has 2 registered sales; the first was AED 649,350 in March 2024.

How big is unit 505?

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

What is unit 505 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 505, Laya Heights

Starts from the last sale price (AED 850K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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