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1-bed · 999 sqftLaya Residences, Jumeirah Village Circle (JVC) · 4th floor · completed 2017

407, Laya Residences

Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 850K5 March 2018
Current rentAED 50K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Laya Residences

What is 407 worth today?

Last sold for AED 850,000 in 2018

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1 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
5 Mar 2018Sold by developerReady
AED 850,000AED 850 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
999 sqft
Floor
4th of 4
Parking
B-09
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 850K · March 2018
Building
Laya Residences

About 407, Laya Residences

407 is a one-bedroom apartment of 999 sqft on the 4th floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . The developer sold it on 5 March 2018 for AED 850,000, or AED 850 per sqft, in line with the AED 856 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 50,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 17,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2018: AED 850,000 (AED 850 per sqft)

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

Rents
Unit 407, 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, November 2020: 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 407 sits

All 138 1-beds →

407 last sold in March 2018 at AED 850 per sqft, in line with 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. 407's AED 50,000 is in the lower 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 4th floor

All 164 units in Laya Residences
Value
4011-bedAED 510K · Jun 2021
4021-bedAED 1.36M · Dec 2025
4031-bedAED 815K · Aug 2025
4041-bedAED 660K · Jun 2024
4052-bedAED 1.3M · Nov 2025
4062-bedAED 1.1M · Apr 2024
4081-bedAED 825K · Aug 2025
1–7 of 33

407, Laya Residences in numbers

  • Sold once: by Laya Developers on 5 March 2018 for AED 850,000, or AED 850 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 5.9%, 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 1 November 2020.

Questions about 407, Laya Residences

What did unit 407 last sell for?

AED 850,000 on 5 March 2018, sold by the developer: AED 850 per sqft for 999 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 50,000 a year on the contract signed on 1 November 2020.

How big is unit 407?

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

What is unit 407 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 407, Laya Residences

Starts from the last sale price (AED 850K, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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