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Sold for AED 940,000: 1-Bedroom Apartment in Laya Heights

Located in Studio City, Dubai. Its price per sqft is +25% vs the Laya Heights median (AED 1,247/sqft).

All Studio City salesLaya Heights prices

Sale price

AED 940,000

Per sqft
AED 1,564
Registered
27 Feb 2026, 13:13 (Dubai)
Laya Heights, Dubai

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in Laya Heights: same layout, exact size (601 sqft) and parking bay B-235. The registry has no unit numbers, so records are matched on these details.

  1. 27 Feb 2026This sale

    601 sqft · AED 1,564/sqft · Ready

    First recordAED 940,000

  2. 27 Feb 2026Mortgage

    Same day as previous · 601 sqft · AED 1,238/sqft · Ready

    21%lower than the previous recordAED 744,000
Records
2
Registered
Same day
as the mortgage, 27 Feb 2026
Loan to value
79%
AED 744K mortgage on the AED 940K sale

02 / The property

Property details

Size
601 sqft · 55.84 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B-235
Nearest metro
Sharaf Dg Metro Station
Nearest landmark
Motor City

03 / Comparables

All sales in Laya Heights (7 Jan 2026 – 10 Aug 2026)

49 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
10 Aug 202624.85K−97% vs selected41−97% vs selected
5 Aug 202649.61K−95% vs selected83−95% vs selected
4 Aug 2026920K−2% vs selected1,247−20% vs selected
31 Jul 2026655K−30% vs selected1,802+15% vs selected
30 Jul 202656.94K−94% vs selected94−94% vs selected
30 Jul 202637.61K−96% vs selected63−96% vs selected
30 Jul 202641.76K−96% vs selected69−96% vs selected
29 Jul 2026607K−35% vs selected1,365−13% vs selected
28 Jul 202624.94K−97% vs selected41−97% vs selected
28 Jul 202672.78K−92% vs selected112−93% vs selected
24 Jul 202642.06K−96% vs selected64−96% vs selected
24 Jul 2026570K−39% vs selected1,547−1% vs selected
22 Jul 20264.23K−100% vs selected7−100% vs selected
22 Jul 202610.82K−99% vs selected18−99% vs selected
17 Jul 202633.4K−96% vs selected43−97% vs selected
16 Jul 202618.05K−98% vs selected30−98% vs selected
8 Jul 2026650K−31% vs selected1,311−16% vs selected
7 Jul 20261.08M+14% vs selected1,446−8% vs selected
2 Jul 2026940K0% vs selected1,266−19% vs selected
19 Jun 2026565K−40% vs selected1,477−6% vs selected
14 May 2026660K−30% vs selected1,742+11% vs selected
14 May 20261.1M+17% vs selected1,823+17% vs selected
14 Apr 2026610K−35% vs selected1,593+2% vs selected
8 Apr 2026675K−28% vs selected1,652+6% vs selected
17 Mar 2026650K−31% vs selected1,591+2% vs selected
16 Mar 2026672K−29% vs selected1,781+14% vs selected
16 Mar 2026672K−29% vs selected1,831+17% vs selected
6 Mar 2026950K+1% vs selected1,579+1% vs selected
28 Feb 2026690K−27% vs selected1,141−27% vs selected
1 BR · 601 sqftReadySelected sale
27 Feb 2026940K1,564

04 / Renting it out

What similar apartments rent for

Median of 15 market rents of apartments of 511–691 sq ft in Studio City. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 60,000
Per sqft / yr
AED 92/sqft
Gross yield
6.4%