Studio · 370 sqftLaya Heights, Dubai Studio City · 5th floor · completed 2023

517, Laya Heights

Sold prices and rental history: sold once, by the developer in November 2023, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 3 March 2026
Last soldAED 470K7 November 2023
Current rentAED 55K /yr3 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Laya Heights

What is 517 worth today?

Last sold for AED 470,000 in 2023

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3 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 150 per sqft
7 Nov 2023Sold by developerOff-plan
AED 470,000AED 1,268 per sqft

Source: Dubai Land Department. Updated 3 March 2026.

Key facts

Type
Studio apartment
Size
370 sqft
Floor
5th of 8
Parking
1
Developer
Laya Developers
Completed
2023
Service charge
AED 5,000 /yr
Last sold
AED 470K · November 2023
Building
Laya Heights

About 517, Laya Heights

517 is a studio of 370 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 7 November 2023 for AED 470,000, or AED 1,268 per sqft, in line with the AED 1,282 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 March 2026. The current contract, renewed on 3 March 2026, is AED 55,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, November 2023: AED 470,000 (AED 1,268 per sqft)

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

Rents
Unit 517, each contractTypical studio in Laya Heights
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 50,000; 2026 AED 50,000Renewal, March 2026: AED 55,000 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 517 sits

All 170 studios →

517 last sold in November 2023 at AED 1,268 per sqft, in line with what studios in Laya Heights were fetching at the time (AED 1,282). 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. 517's AED 55,000 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 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
5051-bedAED 850K · Jul 2024
5061-bedAED 935K · May 2025
5071-bedAED 885K · Sep 2024
1–7 of 47

517, Laya Heights in numbers

  • Sold once: by Laya Developers on 7 November 2023 for AED 470,000, or AED 1,268 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 5,000 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 3 March 2026.

Questions about 517, Laya Heights

What did unit 517 last sell for?

AED 470,000 on 7 November 2023, sold by the developer: AED 1,268 per sqft for 370 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 55,000 a year on the contract renewed on 3 March 2026.

How big is unit 517?

370 sqft (34.4 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 517 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 517, Laya Heights

Starts from the last sale price (AED 470K, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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