1-bed · 997 sqftLaya Residences, Jumeirah Village Circle (JVC) · 4th floor · completed 2017

408, Laya Residences

Sold prices and rental history: sold 3 times, last in August 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 825K6 August 2025
Current rentAED 72K /yr6 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Laya Residences

What is 408 worth today?

Last sold for AED 825,000 in 2025

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6 Aug 2025SoldReady
AED 825,000AED 827 per sqft
6 Aug 2025RentedNew contract
AED 72,000/yr9 months · AED 72 per sqft
14 Nov 2022SoldReady
AED 590,000AED 591 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
26 Oct 2017Sold by developerReady
AED 850,000AED 852 per sqft

Source: Dubai Land Department. Updated 6 August 2025.

Key facts

Type
1-bed apartment
Size
997 sqft
Floor
4th of 4
Parking
B-10
Developer
Laya Developers
Completed
2017
Service charge
AED 17,200 /yr
Last sold
AED 825K · August 2025

About 408, Laya Residences

408 is a one-bedroom apartment of 997 sqft on the 4th floor of Laya Residences, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2017 by Laya Developers . It last sold on 6 August 2025 for AED 825,000, or AED 827 per sqft, in line with the AED 831 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 6 August 2025, is AED 72,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 17,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, October 2017: AED 850,000 (AED 852 per sqft)Sold, November 2022: AED 590,000 (AED 591 per sqft)Sold, August 2025: AED 825,000 (AED 827 per sqft)

408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, 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, March 2021: AED 40,000 a yearNew contract, August 2025: 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 408 sits

All 138 1-beds →

408 last sold in August 2025 at AED 827 per sqft, in line with what one-beds in Laya Residences were fetching at the time (AED 831). 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. 408'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 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
4071-bedAED 850K · Mar 2018
1–7 of 33

408, Laya Residences in numbers

  • Sold 3 times: first on 26 October 2017 for AED 850,000, last on 6 August 2025 for AED 825,000 (AED 827 per sqft).
  • Rented since March 2021 on 2 Ejari contracts, from AED 40,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 8.7%, 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 6 August 2025.

Questions about 408, Laya Residences

What did unit 408 last sell for?

AED 825,000 on 6 August 2025: AED 827 per sqft for 997 sqft. The unit has 3 registered sales; the first was AED 850,000 in October 2017.

What is the rent for unit 408?

AED 72,000 a year on the contract signed on 6 August 2025. The previous contract, from March 2021, was AED 40,000.

How big is unit 408?

997 sqft (92.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 408 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 408, Laya Residences

Starts from the last sale price (AED 825K, 6 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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