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

550, Laya Heights

Sold prices and rental history: sold twice, last in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 550 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 850K7 June 2024
Current rentAED 75K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 550, Laya Heights

What is 550 worth today?

Last sold for AED 850,000 in 2024

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30 May 2026RentedNew contract
AED 75,000/yr12 months · AED 124 per sqft
15 Jun 2025RentedNew contract
AED 75,000/yr12 months · AED 124 per sqft
7 Jun 2024SoldReady
AED 850,000AED 1,404 per sqft
18 Mar 2024Sold by developerReady
AED 650,325AED 1,074 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
1-bed apartment
Size
605 sqft
Floor
5th of 8
Parking
G-24
Developer
Laya Developers
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 850K · June 2024
Building
Laya Heights

About 550, Laya Heights

550 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 7 June 2024 for AED 850,000, or AED 1,404 per sqft, 20% above the AED 1,168 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 30 May 2026, is AED 75,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 8,200 a year.

Sales and rents for 550 over time

Sales
Unit 550, 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 650,325 (AED 1,074 per sqft)Sold, June 2024: AED 850,000 (AED 1,404 per sqft)

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

Rents
Unit 550, each contractTypical one-bed in Laya Heights
70K73K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, June 2025: AED 75,000 a yearNew contract, May 2026: 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 550 sits

All 219 1-beds →

550 last sold in June 2024 at AED 1,404 per sqft, 20% above what one-beds in Laya Heights were fetching at the time (AED 1,168). 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. 550'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 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

550, Laya Heights in numbers

  • Sold twice: first on 18 March 2024 for AED 650,325, last on 7 June 2024 for AED 850,000 (AED 1,404 per sqft).
  • Rented since June 2025 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.8%, 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 30 May 2026.

Questions about 550, Laya Heights

What did unit 550 last sell for?

AED 850,000 on 7 June 2024: AED 1,404 per sqft for 605 sqft. The unit has 2 registered sales; the first was AED 650,325 in March 2024.

What is the rent for unit 550?

AED 75,000 a year on the contract signed on 30 May 2026. The previous contract, from June 2025, was AED 75,000.

How big is unit 550?

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

What is unit 550 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 550, Laya Heights

Starts from the last sale price (AED 850K, 7 June 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 →