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

231, Laya Residences

Sold prices and rental history: sold twice, last in March 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 9 March 2026
Last soldAED 1.05M9 March 2026
Current rentAED 72K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 231, Laya Residences

What is 231 worth today?

Last sold for AED 1,050,000 in 2026

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9 Mar 2026SoldReady
AED 1,050,000AED 1,054 per sqft
1 Feb 2026RentedRenewal
AED 72,000/yr12 months · AED 72 per sqft
1 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 70 per sqft
1 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 70 per sqft
1 Feb 2024RentedRenewal
AED 62,000/yr12 months · AED 62 per sqft
1 Feb 2023RentedRenewal
AED 56,000/yr12 months · AED 56 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
18 Nov 2020RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 9 March 2026.

Key facts

Type
1-bed apartment
Size
996 sqft
Floor
2nd of 4
Parking
B-87
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 1.05M · March 2026

About 231, Laya Residences

231 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 9 March 2026 for AED 1,050,000, or AED 1,054 per sqft, 23% above the AED 854 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 72,000 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 17,200 a year.

Sales and rents for 231 over time

Sales
Unit 231, 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, November 2017: AED 950,000 (AED 953 per sqft)Sold, March 2026: AED 1,050,000 (AED 1,054 per sqft)

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

Rents
Unit 231, 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 2018: AED 65,000 a yearNew contract, November 2019: AED 58,000 a yearNew contract, November 2020: AED 48,000 a yearNew contract, February 2022: AED 50,000 a yearRenewal, February 2023: AED 56,000 a yearRenewal, February 2024: AED 62,000 a yearRenewal, February 2025: AED 70,000 a yearRenewal, February 2025: AED 70,000 a yearRenewal, February 2026: AED 72,000 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 231 sits

All 138 1-beds →

231 last sold in March 2026 at AED 1,054 per sqft, 23% above what one-beds in Laya Residences were fetching at the time (AED 854). 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. 231's AED 72,000 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

231, Laya Residences in numbers

  • Sold twice: first on 2 November 2017 for AED 950,000, last on 9 March 2026 for AED 1,050,000 (AED 1,054 per sqft).
  • Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2020 and recovered to AED 72,000 by February 2026.
  • At AED 72,000 a year the gross yield on the 2026 price is 6.9%, 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 9 March 2026.

Questions about 231, Laya Residences

What did unit 231 last sell for?

AED 1,050,000 on 9 March 2026: AED 1,054 per sqft for 996 sqft. The unit has 2 registered sales; the first was AED 950,000 in November 2017.

What is the rent for unit 231?

AED 72,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since October 2017.

How big is unit 231?

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

What is unit 231 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 231, Laya Residences

Starts from the last sale price (AED 1.05M, 9 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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