−6% Laya Residences
2 BR · Apartment · 3 bathrooms
Price history
Listed since 1 October 2026. The price has been cut once — dates and figures from the listing itself.
- 4 October 2026 AED 1 800 000
- 15 October 2026 AED 1 699 999 -6%
About the building
5-storey residential building in JVC District 10, completed in 2017. Developer — Akshara Global Real Estate Development. Architect — HAO Architectural & Engineering Consultants.
What the building has
- Swimming pool
- Spa and sauna
- Children's area
- Parking
- 24/7 security
- Sports courts
- Park and landscaping
Specifications for Laya Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP4-509880
How much is this 2-bedroom apartment in Laya Residences?
Lot NP4-509880 is priced at AED 1 699 999, about $463 000. The size is 1 649 sq ft (153 m²), which works out at AED 1 031 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 1 800 000 to AED 1 699 999: AED 100 001 less, or 6%. It was cut once. On the market since 1 October 2026.
How does this price compare with other lots in Laya Residences?
The database holds 2 lots in Laya Residences right now, from AED 900 000 to AED 1 699 999.
Is this expensive or cheap for JVC?
The database holds 264 lots in JVC. The area median is AED 2 229 per sq ft; this lot is at AED 1 031. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 146 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2017 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 340 000; a loan of AED 1 360 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 000–7 900 a month. A non-resident puts down from 40% (AED 680 000) and pays about AED 5 200–6 000 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 68 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 300 001 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Laya Residences?
The building has 5 floors and 164 units. Completion year: 2017. Figures are from the project passport: Propsearch and the Dubai Land Department.
Laya Residences project page →What does the seller say about the property itself?
From the listing: bathrooms — 3.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-509880 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Laya Residences
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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