1-bed · 999 sqftLaya Residences, Jumeirah Village Circle (JVC) · 3rd floor · completed 2017

307, Laya Residences

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 1.07M8 May 2024
Current rentAED 55K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Laya Residences

What is 307 worth today?

Last sold for AED 1,071,000 in 2024

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8 May 2024SoldReady
AED 1,071,000AED 1,072 per sqft
17 Jan 2024RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
17 Jan 2024RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
17 Jan 2023RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
17 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 65 per sqft
17 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
29 Oct 2017Sold by developerReady
AED 950,000AED 950 per sqft
20 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
1-bed apartment
Size
999 sqft
Floor
3rd of 4
Parking
B-147
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 1.07M · May 2024

About 307, Laya Residences

307 is a one-bedroom apartment of 999 sqft on the 3rd floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . It last sold on 8 May 2024 for AED 1,071,000, or AED 1,072 per sqft, 45% above the AED 741 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 55,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, October 2017: AED 950,000 (AED 950 per sqft)Sold, May 2024: AED 1,071,000 (AED 1,072 per sqft)

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

Rents
Unit 307, 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, October 2017: AED 75,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 65,000 a yearRenewal, January 2023: AED 65,000 a yearRenewal, January 2024: AED 55,000 a yearRenewal, January 2024: AED 50,000 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 307 sits

All 138 1-beds →

307 last sold in May 2024 at AED 1,072 per sqft, 45% above what one-beds in Laya Residences were fetching at the time (AED 741). 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. 307's AED 55,000 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 3rd floor

All 164 units in Laya Residences
Value
3011-bedAED 902K · Apr 2017
3022-bedAED 697K · Jun 2017
3031-bedAED 850K · Apr 2018
3041-bedAED 920K · Nov 2025
3052-bedAED 1.05M · Oct 2023
3062-bedAED 1.29M · Nov 2025
3081-bedAED 835K · Aug 2026
1–7 of 33

307, Laya Residences in numbers

  • Sold twice: first on 29 October 2017 for AED 950,000, last on 8 May 2024 for AED 1,071,000 (AED 1,072 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.1%, 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 8 May 2024.

Questions about 307, Laya Residences

What did unit 307 last sell for?

AED 1,071,000 on 8 May 2024: AED 1,072 per sqft for 999 sqft. The unit has 2 registered sales; the first was AED 950,000 in October 2017.

What is the rent for unit 307?

AED 55,000 a year on the contract renewed on 17 January 2024. The previous contract, from January 2024, was AED 50,000; the unit has been rented since October 2017.

How big is unit 307?

999 sqft (92.8 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 307 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 307, Laya Residences

Starts from the last sale price (AED 1.07M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,071,000
Deposit, UAE resident (20%)
AED 214,200
Deposit, non-resident (40%)
AED 428,400
Monthly over 25 years at 3.7%
AED 4,382

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