1-bed · 890 sqftLaya Residences, Jumeirah Village Circle (JVC) · 4th floor · completed 2017

424, Laya Residences

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 755K15 October 2017
Current rentAED 55K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Laya Residences

What is 424 worth today?

Last sold for AED 755,000 in 2017

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12 Sep 2025RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
12 Sep 2024RentedRenewal
AED 49,000/yr12 months · AED 55 per sqft
13 Apr 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
13 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
15 Oct 2017Sold by developerReady
AED 755,000AED 847 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
4th of 4
Parking
B-144
Developer
Laya Developers
Completed
2017
Service charge
AED 15,300 /yr
Last sold
AED 755K · October 2017

About 424, Laya Residences

424 is a one-bedroom apartment of 890 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 15 October 2017 for AED 755,000, or AED 847 per sqft, in line with the AED 853 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 12 September 2025, is AED 55,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 15,300 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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 755,000 (AED 847 per sqft)

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

Rents
Unit 424, 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, April 2021: AED 40,000 a yearRenewal, April 2022: AED 40,000 a yearRenewal, September 2024: AED 49,000 a yearRenewal, September 2025: 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 424 sits

All 138 1-beds →

424 last sold in October 2017 at AED 847 per sqft, in line with what one-beds in Laya Residences were fetching at the time (AED 853). 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. 424'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 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

424, Laya Residences in numbers

  • Sold once: by Laya Developers on 15 October 2017 for AED 755,000, or AED 847 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 40,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 7.3%, 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 12 September 2025.

Questions about 424, Laya Residences

What did unit 424 last sell for?

AED 755,000 on 15 October 2017, sold by the developer: AED 847 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 55,000 a year on the contract renewed on 12 September 2025. The previous contract, from September 2024, was AED 49,000; the unit has been rented since April 2021.

How big is unit 424?

890 sqft (82.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 424 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 424, Laya Residences

Starts from the last sale price (AED 755K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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