1-bed · 1,000 sqftLaya Residences, Jumeirah Village Circle (JVC) · 1st floor · completed 2017

124, Laya Residences

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

Unit 124 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 852K18 October 2017
Current rentAED 57K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Laya Residences

What is 124 worth today?

Last sold for AED 851,904 in 2017

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15 Aug 2026RentedRenewal
AED 57,000/yr12 months · AED 57 per sqft
15 Aug 2025RentedRenewal
AED 54,000/yr12 months · AED 54 per sqft
15 Aug 2025RentedRenewal
AED 66,000/yr12 months · AED 66 per sqft
15 Aug 2024RentedRenewal
AED 52,100/yr12 months · AED 52 per sqft
15 Aug 2023RentedRenewal
AED 51,000/yr12 months · AED 51 per sqft
15 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
15 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
25 Sep 2020RentedRenewal
AED 54,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
1,000 sqft
Floor
1st of 4
Parking
B-50
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 852K · October 2017

About 124, Laya Residences

124 is a one-bedroom apartment of 1,000 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 18 October 2017 for AED 851,904, or AED 851 per sqft, in line with the AED 853 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 57,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 17,200 a year.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical one-bed in Laya Residences
600K800K2017202020232026Typical sale price by year: 2017 AED 852,000; 2018 AED 850,000; 2019 AED 750,000; 2020 AED 540,000; 2021 AED 600,000; 2022 AED 600,000; 2023 AED 730,000; 2024 AED 790,000; 2025 AED 860,000; 2026 AED 865,000Sold by developer, October 2017: AED 851,904 (AED 851 per sqft)

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

Rents
Unit 124, each contractTypical one-bed in Laya Residences
40K60K80K2017202020232026Typical rent by year: 2017 AED 78,000; 2018 AED 70,000; 2019 AED 58,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 61,000; 2024 AED 68,000; 2025 AED 71,404; 2026 AED 71,000New contract, November 2017: AED 75,000 a yearRenewal, November 2018: AED 67,000 a yearNew contract, September 2019: AED 55,000 a yearRenewal, September 2020: AED 54,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 51,000 a yearRenewal, August 2024: AED 52,100 a yearRenewal, August 2025: AED 54,000 a yearRenewal, August 2025: AED 66,000 a yearRenewal, August 2026: AED 57,000 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 Residences, and where 124 sits

All 138 1-beds →

124 last sold in October 2017 at AED 851 per sqft, in line with what one-beds in Laya Residences were fetching at the time (AED 853). Over the last 12 months one-beds sold for AED 700,000 to 2,050,000, around AED 882 per sqft, and rent for AED 15,000 to 86,000 a year. 124's AED 57,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Oct 2026724,000
23 Sep 2026830,000
9 Sep 2026900,000
10 Aug 2026835,000
16 1-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
Value
1011-bedAED 875K · Feb 2025
1022-bedAED 975K · Apr 2021
1031-bedAED 700K · Jun 2025
1041-bedAED 411K · Sep 2018
1052-bedAED 1.55M · Dec 2025
1062-bedAED 622K · Jun 2017
1071-bedAED 840K · Dec 2024
1–7 of 33

124, Laya Residences in numbers

  • Sold once: by Laya Developers on 18 October 2017 for AED 851,904, or AED 851 per sqft.
  • Rented since November 2017 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 57,000 by August 2026.
  • At AED 57,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 17,200 a year (AED 17.23 per sqft).
  • One-beds in Laya Residences sold for AED 700,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 922 per sqft.

Source: Dubai Land Department. Updated 15 August 2026.

Questions about 124, Laya Residences

What did unit 124 last sell for?

AED 851,904 on 18 October 2017, sold by the developer: AED 851 per sqft for 1,000 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 57,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 54,000; the unit has been rented since November 2017.

How big is unit 124?

1,000 sqft (92.9 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2017.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Laya Residences sold for AED 700,000 to 2,050,000 in the last 12 months, around AED 882 per sqft.

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Mortgage on 124, Laya Residences

Starts from the last sale price (AED 852K, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 851,904
Deposit, UAE resident (20%)
AED 170,381
Deposit, non-resident (40%)
AED 340,762
Monthly over 25 years at 3.7%
AED 3,485

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