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Studio · 409 sqftLaya Mansion, Jumeirah Village Circle (JVC) · 2nd floor · completed 2020

224, Laya Mansion

Sold prices and rental history: sold once, by the developer in February 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 430K14 February 2024
Current rentAED 45K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Laya Mansion

What is 224 worth today?

Last sold for AED 430,000 in 2024

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28 Jul 2024RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
14 Feb 2024Sold by developerReady
AED 430,000AED 1,050 per sqft
28 Jul 2023RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
2nd of 4
Parking
B1-130
Developer
Laya Developers
Completed
2020
Last sold
AED 430K · February 2024
Building
Laya Mansion

About 224, Laya Mansion

224 is a studio of 409 sqft on the 2nd floor of Laya Mansion, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Laya Developers . The developer sold it on 14 February 2024 for AED 430,000, or AED 1,050 per sqft, 4% below the AED 1,092 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 28 July 2024, is AED 45,000 a year: a gross yield of 10.5% on the 2024 price.

Sales and rents for 224 over time

Sales
Unit 224, 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 2024: AED 430,000 (AED 1,050 per sqft)

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

Rents
Unit 224, 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, July 2023: AED 42,000 a yearNew contract, July 2024: AED 45,000 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 224 sits

All 154 studios →

224 last sold in February 2024 at AED 1,050 per sqft, 4% below what studios in Laya Mansion were fetching at the time (AED 1,092). 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. 224's AED 45,000 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 2nd floor

All 230 units in Laya Mansion
Value
2011-bedAED 820K · Oct 2023
202StudioAED 525K · Sep 2023
203StudioAED 480K · May 2019
204StudioAED 520K · Jun 2026
205StudioAED 490K · Jul 2019
206StudioAED 530K · Jul 2025
207StudioAED 490K · Jun 2019
1–7 of 58

224, Laya Mansion in numbers

  • Sold once: by Laya Developers on 14 February 2024 for AED 430,000, or AED 1,050 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, from AED 42,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 10.5%.
  • 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 28 July 2024.

Questions about 224, Laya Mansion

What did unit 224 last sell for?

AED 430,000 on 14 February 2024, sold by the developer: AED 1,050 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 45,000 a year on the contract signed on 28 July 2024. The previous contract, from July 2023, was AED 42,000.

How big is unit 224?

409 sqft (38.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2020.

What is unit 224 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 224, Laya Mansion

Starts from the last sale price (AED 430K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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