1-bed · 888 sqftLaya Residences, Jumeirah Village Circle (JVC) · 4th floor · completed 2017

423, Laya Residences

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 4 February 2026
Last soldAED 710K6 December 2023
Current rentAED 75K /yr4 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Laya Residences

What is 423 worth today?

Last sold for AED 710,000 in 2023

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4 Feb 2026RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
12 Jan 2025RentedNew contract
AED 78,000/yr12 months · AED 87 per sqft
12 Jan 2025RentedNew contract
AED 78,000/yr12 months · AED 87 per sqft
8 Jan 2024RentedNew contract
AED 78,000/yr12 months · AED 87 per sqft
6 Dec 2023SoldReady
AED 710,000AED 799 per sqft
11 May 2017Sold by developerReady
AED 846,488AED 952 per sqft

Source: Dubai Land Department. Updated 4 February 2026.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
4th of 4
Parking
B-143
Developer
Laya Developers
Completed
2017
Service charge
AED 15,300 /yr
Last sold
AED 710K · December 2023

About 423, Laya Residences

423 is a one-bedroom apartment of 888 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 December 2023 for AED 710,000, or AED 799 per sqft, 11% above the AED 717 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 4 February 2026, is AED 75,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 846,488 (AED 952 per sqft)Sold, December 2023: AED 710,000 (AED 799 per sqft)

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

Rents
Unit 423, 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, January 2024: AED 78,000 a yearNew contract, January 2025: AED 78,000 a yearNew contract, January 2025: AED 78,000 a yearNew contract, February 2026: AED 75,000 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 423 sits

All 138 1-beds →

423 last sold in December 2023 at AED 799 per sqft, 11% above what one-beds in Laya Residences were fetching at the time (AED 717). 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. 423's AED 75,000 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

423, Laya Residences in numbers

  • Sold twice: first on 11 May 2017 for AED 846,488, last on 6 December 2023 for AED 710,000 (AED 799 per sqft).
  • Rented since January 2024 on 4 Ejari contracts, from AED 78,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 15,300 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 4 February 2026.

Questions about 423, Laya Residences

What did unit 423 last sell for?

AED 710,000 on 6 December 2023: AED 799 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 846,488 in May 2017.

What is the rent for unit 423?

AED 75,000 a year on the contract signed on 4 February 2026. The previous contract, from January 2025, was AED 78,000; the unit has been rented since January 2024.

How big is unit 423?

888 sqft (82.5 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 423 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 423, Laya Residences

Starts from the last sale price (AED 710K, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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