1-bed · 996 sqftLaya Residences, Jumeirah Village Circle (JVC) · 3rd floor · completed 2017

331, Laya Residences

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

Unit 331 · DLD and Ejari recordsUpdated 3 October 2023
Last soldAED 898K17 May 2017
Current rentAED 55K /yr3 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 331, Laya Residences

What is 331 worth today?

Last sold for AED 898,038 in 2017

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3 Oct 2023RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
3 Oct 2022RentedRenewal
AED 46,000/yr12 months · AED 46 per sqft
3 Oct 2021RentedNew contract
AED 46,000/yr12 months · AED 46 per sqft
15 Sep 2020RentedNew contract
AED 41,000/yr12 months · AED 41 per sqft
15 Aug 2019RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
15 Aug 2018RentedRenewal
AED 67,000/yr12 months · AED 67 per sqft
15 Aug 2017RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
17 May 2017Sold by developerReady
AED 898,038AED 901 per sqft

Source: Dubai Land Department. Updated 3 October 2023.

Key facts

Type
1-bed apartment
Size
996 sqft
Floor
3rd of 4
Parking
B-153
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 898K · May 2017

About 331, Laya Residences

331 is a one-bedroom apartment of 996 sqft on the 3rd floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . The developer sold it on 17 May 2017 for AED 898,038, or AED 901 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 3 October 2023, is AED 55,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 17,200 a year.

Sales and rents for 331 over time

Sales
Unit 331, 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, May 2017: AED 898,038 (AED 901 per sqft)

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

Rents
Unit 331, 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 75,000 a yearRenewal, August 2018: AED 67,000 a yearRenewal, August 2019: AED 58,000 a yearNew contract, September 2020: AED 41,000 a yearNew contract, October 2021: AED 46,000 a yearRenewal, October 2022: AED 46,000 a yearRenewal, October 2023: AED 55,000 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 331 sits

All 138 1-beds →

331 last sold in May 2017 at AED 901 per sqft, in line with what one-beds in Laya Residences were fetching at the time (AED 901). 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. 331'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
3071-bedAED 1.07M · May 2024
1–7 of 33

331, Laya Residences in numbers

  • Sold once: by Laya Developers on 17 May 2017 for AED 898,038, or AED 901 per sqft.
  • Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2020 and recovered to AED 55,000 by October 2023.
  • At AED 55,000 a year the gross yield on the 2017 price is 6.1%, 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 3 October 2023.

Questions about 331, Laya Residences

What did unit 331 last sell for?

AED 898,038 on 17 May 2017, sold by the developer: AED 901 per sqft for 996 sqft. It is the only registered sale of the unit.

What is the rent for unit 331?

AED 55,000 a year on the contract renewed on 3 October 2023. The previous contract, from October 2022, was AED 46,000; the unit has been rented since August 2017.

How big is unit 331?

996 sqft (92.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 331 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 331, Laya Residences

Starts from the last sale price (AED 898K, 17 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 898,038
Deposit, UAE resident (20%)
AED 179,608
Deposit, non-resident (40%)
AED 359,215
Monthly over 25 years at 3.7%
AED 3,674

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