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Studio · 444 sqftLaya Mansion, Jumeirah Village Circle (JVC) · 2nd floor · completed 2020

259, Laya Mansion

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

Unit 259 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 465K1 March 2024
Current rentAED 60K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 259, Laya Mansion

What is 259 worth today?

Last sold for AED 465,000 in 2024

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12 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 Mar 2024SoldReady
AED 465,000AED 1,047 per sqft
23 Jun 2023Sold by developerReady
AED 500,000AED 1,126 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
2nd of 4
Parking
B1-166
Developer
Laya Developers
Completed
2020
Last sold
AED 465K · March 2024
Building
Laya Mansion

About 259, Laya Mansion

259 is a studio of 444 sqft on the 2nd floor of Laya Mansion, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Laya Developers . It last sold on 1 March 2024 for AED 465,000, or AED 1,047 per sqft, 4% below the AED 1,092 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2024. The current contract, signed on 12 September 2024, is AED 60,000 a year: a gross yield of 12.9% on the 2024 price.

Sales and rents for 259 over time

Sales
Unit 259, 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, June 2023: AED 500,000 (AED 1,126 per sqft)Sold, March 2024: AED 465,000 (AED 1,047 per sqft)

259 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 259, each contractTypical studio in Laya Mansion
40K60K2020202220242026Typical 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, September 2024: AED 60,000 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 259 sits

All 154 studios →

259 last sold in March 2024 at AED 1,047 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. 259's AED 60,000 is in the upper 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

259, Laya Mansion in numbers

  • Sold twice: first on 23 June 2023 for AED 500,000, last on 1 March 2024 for AED 465,000 (AED 1,047 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 12.9%.
  • 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 12 September 2024.

Questions about 259, Laya Mansion

What did unit 259 last sell for?

AED 465,000 on 1 March 2024: AED 1,047 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 500,000 in June 2023.

What is the rent for unit 259?

AED 60,000 a year on the contract signed on 12 September 2024.

How big is unit 259?

444 sqft (41.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2020.

What is unit 259 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 259, Laya Mansion

Starts from the last sale price (AED 465K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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