−8% Laya Residences
2 BR · Apartment
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
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 NP4-528430
How much is this 2-bedroom apartment in Laya Residences?
Lot NP4-528430 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.
How much has the price of this lot been cut?
The price before the cut was AED 1 850 000; it is now AED 1 699 999 — AED 150 001 less, or 8%.
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 276 lots in JVC. The area median is AED 2 228 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. 153 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 →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 NP4-528430 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.
More in this building
Nearby in JVC
Ask a question
Telegram is the fastest way — I answer personally.
Message on Telegram