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1-bed · 645 sqftLaya Heights, Dubai Studio City · 6th floor · completed 2023

622, Laya Heights

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

Unit 622 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 850K19 March 2024
Current rentAED 50K /yr12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 622, Laya Heights

What is 622 worth today?

Last sold for AED 850,000 in 2024

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19 Mar 2024Sold by developerReady
AED 850,000AED 1,317 per sqft
12 Mar 2024RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
1-bed apartment
Size
645 sqft
Floor
6th of 8
Parking
G-11
Developer
Laya Developers
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 850K · March 2024
Building
Laya Heights

About 622, Laya Heights

622 is a one-bedroom apartment of 645 sqft on the 6th floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers . The developer sold it on 19 March 2024 for AED 850,000, or AED 1,317 per sqft, 15% above the AED 1,146 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 March 2024. The current contract, signed on 12 March 2024, is AED 50,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 622 over time

Sales
Unit 622, each saleTypical one-bed in Laya Heights
800K20232024202520262027Typical 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 850,000 (AED 1,317 per sqft)

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

Rents
Unit 622, each contractTypical one-bed in Laya Heights
60K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, March 2024: AED 50,000 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 622 sits

All 219 1-beds →

622 last sold in March 2024 at AED 1,317 per sqft, 15% above what one-beds in Laya Heights were fetching at the time (AED 1,146). 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. 622's AED 50,000 is at the bottom 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 6th floor

All 389 units in Laya Heights
Value
6011-bedAED 730K · Nov 2023
6021-bedAED 730K · Nov 2023
6031-bedAED 750K · Nov 2023
6041-bedAED 755K · Jul 2023
6051-bedAED 850K · Feb 2025
6061-bedAED 750K · Nov 2023
6071-bedAED 850K · May 2024
1–7 of 49

622, Laya Heights in numbers

  • Sold once: by Laya Developers on 19 March 2024 for AED 850,000, or AED 1,317 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 8,700 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 19 March 2024.

Questions about 622, Laya Heights

What did unit 622 last sell for?

AED 850,000 on 19 March 2024, sold by the developer: AED 1,317 per sqft for 645 sqft. It is the only registered sale of the unit.

What is the rent for unit 622?

AED 50,000 a year on the contract signed on 12 March 2024.

How big is unit 622?

645 sqft (59.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 622 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 622, Laya Heights

Starts from the last sale price (AED 850K, 19 March 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 →