1-bed · 983 sqftLaya Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2017

212, Laya Residences

Sold prices and rental history: sold twice, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 19 September 2023
Last soldAED 730K19 September 2023
Current rentAED 84K /yr24 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Laya Residences

What is 212 worth today?

Last sold for AED 730,000 in 2023

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19 Sep 2023SoldReady
AED 730,000AED 742 per sqft
24 Nov 2022RentedNew contract
AED 84,000/yr12 months · AED 85 per sqft
1 Aug 2018RentedRenewal
AED 78,000/yr12 months · AED 79 per sqft
1 Aug 2017RentedNew contract
AED 78,000/yr12 months · AED 79 per sqft
16 Jul 2017Sold by developerReady
AED 420,278AED 427 per sqft

Source: Dubai Land Department. Updated 19 September 2023.

Key facts

Type
1-bed apartment
Size
983 sqft
Floor
2nd of 4
Parking
B-56
Developer
Laya Developers
Completed
2017
Service charge
AED 16,900 /yr
Last sold
AED 730K · September 2023

About 212, Laya Residences

212 is a one-bedroom apartment of 983 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 19 September 2023 for AED 730,000, or AED 742 per sqft, 13% above the AED 656 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 24 November 2022, is AED 84,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 16,900 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical one-bed in Laya Residences
500K750K2017202020232026Typical 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, July 2017: AED 420,278 (AED 427 per sqft)Sold, September 2023: AED 730,000 (AED 742 per sqft)

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

Rents
Unit 212, 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, August 2017: AED 78,000 a yearRenewal, August 2018: AED 78,000 a yearNew contract, November 2022: AED 84,000 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 212 sits

All 138 1-beds →

212 last sold in September 2023 at AED 742 per sqft, 13% above what one-beds in Laya Residences were fetching at the time (AED 656). 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. 212's AED 84,000 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
2031-bedAED 750K · Dec 2023
2041-bedAED 910K · Mar 2026
2052-bedAED 1.25M · Dec 2024
2062-bedAED 1.22M · Apr 2017
2071-bedAED 852K · May 2017
1–7 of 33

212, Laya Residences in numbers

  • Sold twice: first on 16 July 2017 for AED 420,278, last on 19 September 2023 for AED 730,000 (AED 742 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 78,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 16,900 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 19 September 2023.

Questions about 212, Laya Residences

What did unit 212 last sell for?

AED 730,000 on 19 September 2023: AED 742 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 420,278 in July 2017.

What is the rent for unit 212?

AED 84,000 a year on the contract signed on 24 November 2022. The previous contract, from August 2018, was AED 78,000; the unit has been rented since August 2017.

How big is unit 212?

983 sqft (91.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 212 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 212, Laya Residences

Starts from the last sale price (AED 730K, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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