Unit 423, Laya Residences: what it sold for and what it is worth now

Unit 423 at Laya Residences is a 1 bed of 888 sq ft. It last sold for AED 710,000 on 6 Dec 2023. At AED 884 per sq ft, from 17 sales in the building in the last 12 months (1 bed), it is worth about AED 785,000 today.

Value todayAED 785,000AED 750,000 to AED 838,000
Last saleAED 710,0006 Dec 2023 · Resale
Change since last sale+10.6%Building trend alone: AED 871,766
Rent (median asking, 1 bed)AED 70,000Gross yield 8.9%
Bedrooms1 bed
Size888 sq ft
Floor4 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingLaya Residences by Akshara Global Real Estate Development, handed over 2017
Registered sales of this unit1

Every registered sale of unit 423

DatePriceSizeAED/sq ftType
6 Dec 2023AED 710,000888 sq ft800Resale

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2236 Aug 2024AED 755,000998 sq ft757Resale

Latest 1 bed sales in Laya Residences

UnitDatePriceSizeAED/sq ftType
4303 Oct 2026AED 724,000872 sq ft830Resale
31123 Sep 2026AED 830,000983 sq ft844Resale
G039 Sep 2026AED 900,0001,104 sq ft815Resale
30810 Aug 2026AED 835,000997 sq ft838Resale
43227 Jul 2026AED 775,000890 sq ft871Resale
4328 Jun 2026AED 700,000890 sq ft787Resale
21123 Apr 2026AED 865,000983 sq ft880Resale
10831 Mar 2026AED 845,000997 sq ft848Resale

How we worked out the value

We took the 17 sales in Laya Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 884). We multiplied it by the size of this unit (888 sq ft). The range uses the middle half of those sales (AED 844 to AED 944 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 871,766. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 423 at Laya Residences worth?

About AED 785,000 (range AED 750,000 to AED 838,000), based on AED 884 per sq ft from registered sales up to 3 Oct 2026.

When did unit 423 last sell?

6 Dec 2023, for AED 710,000 (resale). It has 1 registered sale.

What rent can unit 423 make?

A 1 bed in Laya Residences rents for about AED 70,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for Laya ResidencesAll sales in Laya Residences

Unit 422 · Unit 425