Laya Residences

P1 — Delivered Ready Primary
Developer Akshara Global Real Estate Development
Community Jumeirah Village Circle
Property type Apartment
Data updated Mar 31, 2026

Laya Residences is a Delivered development by Akshara Global Real Estate Development in Jumeirah Village Circle. 164 units across 1 Bedroom (84%), 2 Bedroom (16%). Over the trailing 12 months, 274 sales at a median of AED 900,000.

Key Metrics
Median Price
Value
AED 900,000
Change
7.1% YoY
Transactions
Value
274
Change
35 in period
Price / sqft
Value
AED 862
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 900,000
↑ 7.1% YoY
Transactions
274
↑ 35 in period
Price / sqft
AED 862
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
1.7%
Holding Period
Value
5.4 yrs
Liquidity
Value
21.3%
Price Dispersion
Value
8.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
35.4%
Capital Return
1.7%
Holding Period
5.4 yrs
Liquidity
21.3%
Price Dispersion
8.2%
Ready Market Mix
0.0%
Rental Activity
35.4%

Rental Performance

Rental Volume
Value
575
Avg Annual Rent
Value
AED 69,330
New Leases
Value
68.9%
Renewals
Value
31.1%
Rental Volume
575
Avg Annual Rent
AED 69,330
New Leases
68.9%
Renewals
31.1%

Unit Mix

By bedroom type
1 Bedroom 138 units · 84%
2 Bedroom 26 units · 16%

Transaction Breakdown

All time — 274 transactions
Ready Primary
164
Ready Secondary
110

Price History

Median Price — Laya Residences

Median prices in Laya Residences have softened, declining 10% to AED 910K over the past 12 months.

Recent Transactions

Showing last 10 of 274
Date Type Price (AED) Size (sqft) AED/sqft
Mar 31, 2026 RP Secondary 845,000 997 847
Mar 10, 2026 RP Secondary 910,000 998 911
Mar 09, 2026 RP Secondary 1,050,000 995 1,054
Feb 18, 2026 RP Secondary 940,000 996 943
Jan 20, 2026 RP Secondary 1,000,000 998 1,001
Dec 26, 2025 RP Secondary 1,550,000 1,307 1,185
Dec 23, 2025 RP Secondary 880,000 994 884
Dec 05, 2025 RP Secondary 1,360,000 1,458 932
Dec 05, 2025 RP Secondary 1,050,000 1,000 1,049
Nov 21, 2025 RP Secondary 1,300,000 1,336 972

This project is in Jumeirah Village Circle

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