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

229, Laya Residences

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

Unit 229 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 1.01M30 August 2017
Current rentAED 73K /yr2 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Laya Residences

What is 229 worth today?

Last sold for AED 1,005,000 in 2017

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2 May 2026RentedRenewal
AED 73,000/yr12 months · AED 74 per sqft
30 Apr 2025RentedNew contract
AED 72,597/yr12 months · AED 74 per sqft
30 Apr 2025RentedNew contract
AED 72,597/yr12 months · AED 74 per sqft
1 May 2024RentedNew contract
AED 73,000/yr12 months · AED 75 per sqft
1 Feb 2024RentedNew contract
AED 63,810/yr12 months · AED 65 per sqft
10 May 2023RentedRenewal
AED 49,665/yr12 months · AED 51 per sqft
10 May 2022RentedNew contract
AED 47,300/yr12 months · AED 48 per sqft
10 May 2021RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
1-bed apartment
Size
983 sqft
Floor
2nd of 4
Parking
B-107
Developer
Laya Developers
Completed
2017
Service charge
AED 16,900 /yr
Last sold
AED 1.01M · August 2017

About 229, Laya Residences

229 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 . The developer sold it on 30 August 2017 for AED 1,005,000, or AED 1,022 per sqft, 19% above the AED 856 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 2 May 2026, is AED 73,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 16,900 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical one-bed in Laya Residences
500K750K1M2017202020232026Typical 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, August 2017: AED 1,005,000 (AED 1,022 per sqft)

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

Rents
Unit 229, 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, October 2017: AED 80,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, January 2020: AED 60,000 a yearNew contract, May 2021: AED 43,000 a yearNew contract, May 2022: AED 47,300 a yearRenewal, May 2023: AED 49,665 a yearNew contract, February 2024: AED 63,810 a yearNew contract, May 2024: AED 73,000 a yearNew contract, April 2025: AED 72,597 a yearNew contract, April 2025: AED 72,597 a yearRenewal, May 2026: AED 73,000 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 229 sits

All 138 1-beds →

229 last sold in August 2017 at AED 1,022 per sqft, 19% above what one-beds in Laya Residences were fetching at the time (AED 856). 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. 229's AED 73,000 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

229, Laya Residences in numbers

  • Sold once: by Laya Developers on 30 August 2017 for AED 1,005,000, or AED 1,022 per sqft.
  • Rented since October 2017 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 43,000 in 2021 and recovered to AED 73,000 by May 2026.
  • At AED 73,000 a year the gross yield on the 2017 price is 7.3%, 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 2 May 2026.

Questions about 229, Laya Residences

What did unit 229 last sell for?

AED 1,005,000 on 30 August 2017, sold by the developer: AED 1,022 per sqft for 983 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 73,000 a year on the contract renewed on 2 May 2026. The previous contract, from April 2025, was AED 72,597; the unit has been rented since October 2017.

How big is unit 229?

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

What is unit 229 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 229, Laya Residences

Starts from the last sale price (AED 1.01M, 30 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,005,000
Deposit, UAE resident (20%)
AED 201,000
Deposit, non-resident (40%)
AED 402,000
Monthly over 25 years at 3.7%
AED 4,112

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