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1-bed · 996 sqftLaya Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2017

203, Laya Residences

Sold prices and rental history: sold twice, last in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 750K28 December 2023
Current rentAED 56K /yr16 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Laya Residences

What is 203 worth today?

Last sold for AED 750,000 in 2023

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28 Dec 2023SoldReady
AED 750,000AED 753 per sqft
16 Oct 2022RentedNew contract
AED 56,000/yr12 months · AED 56 per sqft
22 Jun 2022RentedNew contract
AED 54,000/yr12 months · AED 54 per sqft
22 May 2018Sold by developerReady
AED 830,000AED 833 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
1-bed apartment
Size
996 sqft
Floor
2nd of 4
Parking
B-77
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 750K · December 2023
Building
Laya Residences

About 203, Laya Residences

203 is a one-bedroom apartment of 996 sqft on the 2nd floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . It last sold on 28 December 2023 for AED 750,000, or AED 753 per sqft, 4% above the AED 724 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 October 2022, is AED 56,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2018: AED 830,000 (AED 833 per sqft)Sold, December 2023: AED 750,000 (AED 753 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Laya Residences
60K80K2017202020232026Typical 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, June 2022: AED 54,000 a yearNew contract, October 2022: AED 56,000 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 203 sits

All 138 1-beds →

203 last sold in December 2023 at AED 753 per sqft, 4% above what one-beds in Laya Residences were fetching at the time (AED 724). 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. 203's AED 56,000 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 2nd floor

All 164 units in Laya Residences
Value
2011-bedAED 441K · Sep 2017
2022-bedAED 1.47M · May 2017
2041-bedAED 910K · Mar 2026
2052-bedAED 1.25M · Dec 2024
2062-bedAED 1.22M · Apr 2017
2071-bedAED 852K · May 2017
2081-bedAED 850K · Jul 2017
1–7 of 33

203, Laya Residences in numbers

  • Sold twice: first on 22 May 2018 for AED 830,000, last on 28 December 2023 for AED 750,000 (AED 753 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 54,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2023 price is 7.5%, 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 28 December 2023.

Questions about 203, Laya Residences

What did unit 203 last sell for?

AED 750,000 on 28 December 2023: AED 753 per sqft for 996 sqft. The unit has 2 registered sales; the first was AED 830,000 in May 2018.

What is the rent for unit 203?

AED 56,000 a year on the contract signed on 16 October 2022. The previous contract, from June 2022, was AED 54,000.

How big is unit 203?

996 sqft (92.5 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 203 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 203, Laya Residences

Starts from the last sale price (AED 750K, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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