2-bed · 1,307 sqftLaya Residences, Jumeirah Village Circle (JVC) · 1st floor · completed 2017

118, Laya Residences

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 118 · DLD and Ejari recordsUpdated 24 November 2025

Last soldAED 1.24M24 May 2017

Current rentAED 100K /yr24 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 118, Laya Residences

Today

What is 118 worth today?

Last sold for AED 1,243,863 in 2017

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24 Nov 2025

24 Nov 2025RentedNew contract

AED 100,000/yr12 months · AED 77 per sqft

15 Jul 2025

15 Jul 2025RentedRenewal

AED 96,000/yr12 months · AED 74 per sqft

15 Jul 2025

15 Jul 2025RentedRenewal

AED 96,000/yr12 months · AED 74 per sqft

15 Jul 2024

15 Jul 2024RentedRenewal

AED 90,000/yr12 months · AED 69 per sqft

15 Jul 2023

15 Jul 2023RentedNew contract

AED 90,000/yr12 months · AED 69 per sqft

5 Jul 2022

5 Jul 2022RentedNew contract

AED 72,000/yr12 months · AED 55 per sqft

24 May 2017

24 May 2017Sold by developerReady

AED 1,243,863AED 951 per sqft

Source: Dubai Land Department. Updated 24 November 2025.

Key facts

Type: 2-bed apartment
Size: 1,307 sqft
Floor: 1st of 4
Parking: B-44
Developer: Laya Developers
Completed: 2017
Service charge: AED 22,500 /yr
Last sold: AED 1.24M · May 2017
Building: Laya Residences

About 118, Laya Residences

118 is a two-bedroom apartment of 1,307 sqft on the 1st floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . The developer sold it on 24 May 2017 for AED 1,243,863, or AED 951 per sqft, in line with the AED 933 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 24 November 2025, is AED 100,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 22,500 a year.

Sales and rents for 118 over time

Sales

Unit 118, each saleTypical two-bed in Laya Residences

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

Rents

Unit 118, each contractTypical two-bed in Laya Residences

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

2-beds in Laya Residences, and where 118 sits

All 26 2-beds →

2-beds in Laya Residences · last 12 months979 /sqft Laya Residences · all types922 /sqft

118 last sold in May 2017 at AED 951 per sqft, in line with what two-beds in Laya Residences were fetching at the time (AED 933). Over the last 12 months two-beds sold for AED 1,290,000 to 1,550,000, around AED 979 per sqft, and rent for AED 85,000 to 125,000 a year. 118's AED 100,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	1,548 sqft	1,450,000	936
26 Dec 202526 December 2025	1,308 sqft	1,550,000	1,185
21 Nov 202521 November 2025	1,336 sqft	1,300,000	972
14 Nov 202514 November 2025	1,307 sqft	1,290,000	986

4 2-bed sales in the last 12 months

Laya Residences

Building

164 apartments, 1-bed to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2017 by Laya Developers . 20 sold in the last 12 months.

Typical price per sqft: AED 922 Up 10.1%
Typical sale: AED 925K
Typical rent: AED 72K /yr
Typical yield: 7.7%

Laya Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 164 units in Laya Residences


101	1-bed	1,001 sqft	AED 875KAED 875,000 · Feb 2025February 2025	61,000 /yr
102	2-bed	1,548 sqft	AED 975KAED 975,000 · Apr 2021April 2021	70,000 /yr
103	1-bed	997 sqft	AED 700KAED 699,731 · Jun 2025June 2025	75,000 /yr
104	1-bed	998 sqft	AED 411KAED 411,000 · Sep 2018September 2018
105	2-bed	1,308 sqft	AED 1.55MAED 1,550,000 · Dec 2025December 2025
106	2-bed	1,307 sqft	AED 622KAED 621,675 · Jun 2017June 2017	83,600 /yr
107	1-bed	999 sqft	AED 840KAED 840,000 · Dec 2024December 2024	69,812 /yr
108	1-bed	997 sqft	AED 845KAED 845,000 · Mar 2026March 2026	71,400 /yr
109	1-bed	995 sqft	AED 880KAED 880,000 · Dec 2025December 2025	72,000 /yr
110	1-bed	1,000 sqft	AED 500KAED 500,000 · Jun 2017June 2017
111	1-bed	983 sqft	AED 820KAED 820,000 · Jul 2025July 2025	80,000 /yr
112	1-bed	983 sqft	AED 836KAED 836,000 · Aug 2017August 2017	70,000 /yr
113	1-bed	1,000 sqft	AED 600KAED 600,000 · Feb 2022February 2022	50,000 /yr
114	1-bed	995 sqft	AED 877KAED 876,960 · Jun 2017June 2017
115	1-bed	1,000 sqft	AED 850KAED 850,000 · Sep 2025September 2025	65,000 /yr
116	1-bed	995 sqft	AED 540KAED 540,000 · Dec 2020December 2020	73,795 /yr
117	1-bed	998 sqft	AED 850KAED 850,000 · Sep 2017September 2017	40,000 /yr
119	2-bed	1,306 sqft	AED 1.22MAED 1,220,000 · Jul 2017July 2017	105,000 /yr
120	1-bed	998 sqft	AED 720KAED 720,000 · Dec 2023December 2023	48,000 /yr
121	1-bed	996 sqft	AED 2.05MAED 2,050,000 · May 2026May 2026	68,000 /yr
122	2-bed	1,548 sqft	AED 1.5MAED 1,500,000 · Aug 2017August 2017	125,000 /yr
123	1-bed	999 sqft	AED 450KAED 450,000 · Jun 2017June 2017
124	1-bed	1,000 sqft	AED 852KAED 851,904 · Oct 2017October 2017	57,000 /yr
125	1-bed	1,000 sqft	AED 850KAED 850,000 · Mar 2018March 2018
126	1-bed	1,000 sqft	AED 790KAED 790,000 · Jul 2024July 2024	60,000 /yr
127	1-bed	1,000 sqft	AED 902KAED 901,917 · Sep 2017September 2017	75,000 /yr
128	1-bed	1,000 sqft	AED 845KAED 845,000 · Feb 2025February 2025	68,000 /yr
129	1-bed	983 sqft	AED 925KAED 925,000 · Sep 2025September 2025	80,000 /yr
130	1-bed	983 sqft	AED 650KAED 650,000 · Oct 2021October 2021	47,000 /yr
131	1-bed	996 sqft	AED 860KAED 860,000 · Oct 2017October 2017	78,000 /yr
132	1-bed	1,000 sqft	AED 429KAED 429,000 · Dec 2017December 2017
133	1-bed	1,001 sqft	AED 870KAED 870,000 · Nov 2017November 2017	80,000 /yr
134	1-bed	1,000 sqft	AED 858KAED 858,000 · Dec 2017December 2017

1–7 of 33

118, Laya Residences in numbers

Sold once: by Laya Developers on 24 May 2017 for AED 1,243,863, or AED 951 per sqft.
Rented since July 2022 on 6 Ejari contracts, from AED 72,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 22,500 a year (AED 17.23 per sqft).
Two-beds in Laya Residences sold for AED 1,290,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 922 per sqft.

Source: Dubai Land Department. Updated 24 November 2025.

Questions about 118, Laya Residences

What did unit 118 last sell for?

AED 1,243,863 on 24 May 2017, sold by the developer: AED 951 per sqft for 1,307 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 100,000 a year on the contract signed on 24 November 2025. The previous contract, from July 2025, was AED 96,000; the unit has been rented since July 2022.

How big is unit 118?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Laya Residences sold for AED 1,290,000 to 1,550,000 in the last 12 months, around AED 979 per sqft.

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Mortgage on 118, Laya Residences

Starts from the last sale price (AED 1.24M, 24 May 2017). Switch to today's estimate once you have unlocked it.

Price: AED 1,243,863
Deposit, UAE resident (20%): AED 248,773
Deposit, non-resident (40%): AED 497,545
Monthly over 25 years at 3.7%: AED 5,089

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