Laya Residences

TL;DR: Laya Residences by Akshara Global Development is a completed 5-storey building in District 10, JVC, Dubai. Delivered in February 2017, it offers 1 and 2-bedroom apartments. Known for its chiller-free status and rooftop basketball court, 1-bedroom units currently sell between AED 780,000 and AED 1.05M.

Laya Residences is a well-established, beautifully completed mid-rise residential development located in the heart of District 10, Jumeirah Village Circle (JVC), Dubai. Developed by Akshara Global Real Estate Development (under their LAYA Developers brand), this 5-storey building (G+4) was successfully handed over in February 2017. Designed as a sanctuary where residents can begin a life of style and grace, Laya Residences offers a superbly peaceful environment. The architecture is unique and modern, delivering both the convenience and high-quality facilities that a dynamic, contemporary lifestyle demands.

The building houses a total of 164 residential units, focusing exclusively on spacious 1-bedroom (138 units) and 2-bedroom (26 units) apartments. Each home features practical, open layouts that emphasize natural light and comfort. A major draw for end-users and investors alike is that the building is widely recognized for its "chiller-free" status, significantly reducing monthly utility costs. In the current secondary market (2025/2026), Laya Residences maintains strong valuations. 1-bedroom apartments typically range from AED 780,000 to AED 1,050,000, while 2-bedroom units command between AED 1,250,000 and AED 1,550,000. The rental market is highly active, with 1-bedroom units reliably yielding AED 73,000 to AED 85,000 annually.

Laya Residences places a profound emphasis on its "Fit your health" philosophy, providing an exceptional array of amenities primarily located on its expansive rooftop. Residents have access to a fully equipped modern gymnasium, a health club, a dedicated yoga studio, and separate sauna and steam rooms. Outdoor sports and leisure are well-catered to with a rooftop basketball playing area, a dedicated jogging track, a temperature-controlled swimming pool, and beautifully landscaped seating areas. The family-friendly building also features a children’s soft-play area, 24-hour reception, and secure basement parking.

Strategically positioned in JVC District 10, Laya Residences offers residents effortless urban connectivity. The development provides rapid access to Al Khail Road and Hessa Street, ensuring that major Dubai destinations—including Dubai Marina, Mall of the Emirates, and Downtown Dubai—are just a short, convenient drive away.