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1-bed · 620 sqftLaya Heights, Dubai Studio City · 6th floor · completed 2023

647, Laya Heights

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

Unit 647 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 750K25 January 2024
Current rentAED 70K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 647, Laya Heights

What is 647 worth today?

Last sold for AED 750,000 in 2024

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24 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 113 per sqft
25 Jan 2024Sold by developerOff-plan
AED 750,000AED 1,210 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
6th of 8
Parking
1
Developer
Laya Developers
Completed
2023
Service charge
AED 8,400 /yr
Last sold
AED 750K · January 2024
Building
Laya Heights

About 647, Laya Heights

647 is a one-bedroom apartment of 620 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 25 January 2024 for AED 750,000, or AED 1,210 per sqft, 6% above the AED 1,140 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 April 2024. The current contract, signed on 24 April 2024, is AED 70,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 8,400 a year.

Sales and rents for 647 over time

Sales
Unit 647, 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, January 2024: AED 750,000 (AED 1,210 per sqft)

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

Rents
Unit 647, each contractTypical one-bed in Laya Heights
70K73K75K2024202520262027Typical rent by year: 2024 AED 72,000; 2025 AED 75,000; 2026 AED 70,000New contract, April 2024: AED 70,000 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 647 sits

All 219 1-beds →

647 last sold in January 2024 at AED 1,210 per sqft, 6% above what one-beds in Laya Heights were fetching at the time (AED 1,140). 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. 647's AED 70,000 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 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

647, Laya Heights in numbers

  • Sold once: by Laya Developers on 25 January 2024 for AED 750,000, or AED 1,210 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 8,400 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 24 April 2024.

Questions about 647, Laya Heights

What did unit 647 last sell for?

AED 750,000 on 25 January 2024, sold by the developer: AED 1,210 per sqft for 620 sqft. It is the only registered sale of the unit.

What is the rent for unit 647?

AED 70,000 a year on the contract signed on 24 April 2024.

How big is unit 647?

620 sqft (57.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 647 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 647, Laya Heights

Starts from the last sale price (AED 750K, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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