1-bed · 1,000 sqftLaya Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2017

224, Laya Residences

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 19 February 2026
Last soldAED 740K12 January 2024
Current rentAED 74K /yr19 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Laya Residences

What is 224 worth today?

Last sold for AED 740,000 in 2024

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19 Feb 2026RentedRenewal
AED 74,000/yr12 months · AED 74 per sqft
19 Feb 2025RentedRenewal
AED 74,000/yr12 months · AED 74 per sqft
19 Feb 2025RentedRenewal
AED 74,000/yr12 months · AED 74 per sqft
19 Feb 2024RentedNew contract
AED 74,000/yr12 months · AED 74 per sqft
12 Jan 2024SoldReady
AED 740,000AED 739 per sqft
10 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
10 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
10 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 19 February 2026.

Key facts

Type
1-bed apartment
Size
1,000 sqft
Floor
2nd of 4
Parking
B-14
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 740K · January 2024

About 224, Laya Residences

224 is a one-bedroom apartment of 1,000 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 12 January 2024 for AED 740,000, or AED 739 per sqft, in line with the AED 732 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 19 February 2026, is AED 74,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 224 over time

Sales
Unit 224, 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, June 2017: AED 902,000 (AED 901 per sqft)Sold, January 2024: AED 740,000 (AED 739 per sqft)

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

Rents
Unit 224, 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, September 2020: AED 50,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2022: AED 50,000 a yearNew contract, February 2024: AED 74,000 a yearRenewal, February 2025: AED 74,000 a yearRenewal, February 2025: AED 74,000 a yearRenewal, February 2026: AED 74,000 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 224 sits

All 138 1-beds →

224 last sold in January 2024 at AED 739 per sqft, in line with what one-beds in Laya Residences were fetching at the time (AED 732). 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. 224's AED 74,000 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

224, Laya Residences in numbers

  • Sold twice: first on 15 June 2017 for AED 902,000, last on 12 January 2024 for AED 740,000 (AED 739 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 50,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2024 price is 10.0%, 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 19 February 2026.

Questions about 224, Laya Residences

What did unit 224 last sell for?

AED 740,000 on 12 January 2024: AED 739 per sqft for 1,000 sqft. The unit has 2 registered sales; the first was AED 902,000 in June 2017.

What is the rent for unit 224?

AED 74,000 a year on the contract renewed on 19 February 2026. The previous contract, from February 2025, was AED 74,000; the unit has been rented since September 2020.

How big is unit 224?

1,000 sqft (92.9 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 224 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 224, Laya Residences

Starts from the last sale price (AED 740K, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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