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Studio · 409 sqftLaya Mansion, Jumeirah Village Circle (JVC) · 1st floor · completed 2020

124, Laya Mansion

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

Unit 124 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 500K28 February 2023
Current rentAED 36K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Laya Mansion

What is 124 worth today?

Last sold for AED 500,000 in 2023

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20 Apr 2026RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
1 Aug 2024RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
25 Dec 2023RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
10 Oct 2023RentedNew contract
AED 35,903/yr12 months · AED 88 per sqft
9 Oct 2023RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
1 Oct 2023RentedNew contract
AED 51,000/yr12 months · AED 125 per sqft
1 Aug 2023RentedNew contract
AED 49,000/yr12 months · AED 120 per sqft
28 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
1st of 4
Parking
B1-64
Developer
Laya Developers
Completed
2020
Last sold
AED 500K · February 2023
Building
Laya Mansion

About 124, Laya Mansion

124 is a studio of 409 sqft on the 1st floor of Laya Mansion, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Laya Developers . The developer sold it on 28 February 2023 for AED 500,000, or AED 1,222 per sqft, 22% above the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 8 Ejari contracts. The current contract, signed on 20 April 2026, is AED 36,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Laya Mansion
400K500K20192021202320252027Typical sale price by year: 2019 AED 480,000; 2020 AED 410,000; 2021 AED 400,000; 2022 AED 420,000; 2023 AED 450,000; 2024 AED 480,000; 2025 AED 550,000; 2026 AED 530,000Sold by developer, February 2023: AED 500,000 (AED 1,222 per sqft)

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

Rents
Unit 124, each contractTypical studio in Laya Mansion
40K2020202220242026Typical rent by year: 2020 AED 31,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 46,500; 2024 AED 53,400; 2025 AED 51,600; 2026 AED 44,400New contract, June 2023: AED 40,000 a yearNew contract, August 2023: AED 49,000 a yearNew contract, October 2023: AED 35,903 a yearNew contract, October 2023: AED 48,000 a yearNew contract, October 2023: AED 51,000 a yearNew contract, December 2023: AED 48,000 a yearNew contract, August 2024: AED 45,000 a yearNew contract, April 2026: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Laya Mansion, and where 124 sits

All 154 studios →

124 last sold in February 2023 at AED 1,222 per sqft, 22% above what studios in Laya Mansion were fetching at the time (AED 1,000). Over the last 12 months studios sold for AED 430,000 to 650,000, around AED 1,241 per sqft, and rent for AED 33,000 to 72,000 a year. 124's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026450,000
11 Sep 2026525,000
24 Jul 2026450,000
16 Jul 202617,248
13 studio sales in the last 12 months

Laya Mansion

Building

230 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2020 by Laya Developers . 21 sold in the last 12 months.

Typical price per sqft
AED 1,167 Down 4.2%
Typical sale
AED 560K
Typical rent
AED 50K /yr
Typical yield
8.8%
Laya Mansion, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 230 units in Laya Mansion
Value
1011-bedAED 680K · Oct 2024
102StudioAED 470K · Nov 2020
103StudioAED 430K · Sep 2022
104StudioAED 465K · Jul 2024
105StudioAED 400K · Jan 2020
106StudioAED 450K · Oct 2026
107StudioAED 445K · Jan 2022
1–7 of 60

124, Laya Mansion in numbers

  • Sold once: by Laya Developers on 28 February 2023 for AED 500,000, or AED 1,222 per sqft.
  • Rented since June 2023 on 8 Ejari contracts, from AED 40,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 7.2%.
  • Studios in Laya Mansion sold for AED 430,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,167 per sqft.

Source: Dubai Land Department. Updated 20 April 2026.

Questions about 124, Laya Mansion

What did unit 124 last sell for?

AED 500,000 on 28 February 2023, sold by the developer: AED 1,222 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 36,000 a year on the contract signed on 20 April 2026. The previous contract, from August 2024, was AED 45,000; the unit has been rented since June 2023.

How big is unit 124?

409 sqft (38.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2020.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Laya Mansion sold for AED 430,000 to 650,000 in the last 12 months, around AED 1,241 per sqft.

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Mortgage on 124, Laya Mansion

Starts from the last sale price (AED 500K, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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