Studio · 409 sqftLaya Heights, Dubai Studio City · 3rd floor · completed 2023

318, Laya Heights

Sold prices and rental history: sold once, by the developer in July 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 470K25 July 2023
Current rentAED 55K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Laya Heights

What is 318 worth today?

Last sold for AED 470,000 in 2023

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20 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
20 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
25 Jul 2023Sold by developerOff-plan
AED 470,000AED 1,150 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
3rd of 8
Parking
1 0
Developer
Laya Developers
Completed
2023
Service charge
AED 5,500 /yr
Last sold
AED 470K · July 2023
Building
Laya Heights

About 318, Laya Heights

318 is a studio of 409 sqft on the 3rd floor of Laya Heights, a 8-storey tower in Dubai Studio City completed in 2023 by Laya Developers. The developer sold it on 25 July 2023 for AED 470,000, or AED 1,150 per sqft, 8% below the AED 1,250 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 20 November 2024, is AED 55,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 5,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical studio in Laya Heights
500K600K2023202420252026Typical sale price by year: 2023 AED 485,000; 2024 AED 575,000; 2025 AED 630,000Sold by developer, July 2023: AED 470,000 (AED 1,150 per sqft)

318 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 318, each contractTypical studio in Laya Heights
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 50,000; 2026 AED 60,000New contract, November 2024: AED 55,000 a yearNew contract, November 2024: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Laya Heights, and where 318 sits

All 125 studios →

318 last sold in July 2023 at AED 1,150 per sqft, 8% below what studios in Laya Heights were fetching at the time (AED 1,250). Over the last 12 months studios sold for AED 620,000 to 670,000, around AED 1,718 per sqft, and rent for AED 48,000 to 70,588 a year. 318's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Feb 2026670,000
31 Jan 2026620,000
22 Jul 2025635,000
15 Jul 2025670,000
2 studio sales in the last 12 months

Laya Heights

Building

385 apartments, studios to 1-bed over 8 floors in Dubai Studio City, completed in 2023 by Laya Developers. 18 sold in the last 12 months.

Typical price per sqft
AED 1,406 Down 8.1%
Typical sale
AED 645K
Typical rent
AED 77K /yr
Typical yield
9.0%
Laya Heights, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 385 units in Laya Heights
Value
3011-bedAED 650K · Feb 2023
3021-bedAED 840K · Jul 2024
3041-bedAED 710K · Oct 2023
3051-bedAED 650K · Sep 2023
3061-bedAED 710K · Apr 2023
3071-bedAED 840K · Oct 2024
308StudioAED 610K · Sep 2024
1–7 of 47

318, Laya Heights in numbers

  • Sold once: by Laya Developers on 25 July 2023 for AED 470,000, or AED 1,150 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 5,500 a year (AED 13.56 per sqft).
  • Studios in Laya Heights sold for AED 620,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,406 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 318, Laya Heights

What did unit 318 last sell for?

AED 470,000 on 25 July 2023, sold by the developer: AED 1,150 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 55,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2024, was AED 55,000.

How big is unit 318?

409 sqft (38.0 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Laya Heights sold for AED 620,000 to 670,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 318, Laya Heights

Starts from the last sale price (AED 470K, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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