1-bed · 770 sqftThe V Tower, Dubailand Residence Complex · 16th floor · completed 2023

1608, The V Tower

Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 950K29 January 2024
Current rentAED 51K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, The V Tower

What is 1608 worth today?

Last sold for AED 950,000 in 2024

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15 Dec 2024RentedRenewal
AED 51,110/yr2 months · AED 66 per sqft
29 Jan 2024Sold by developerReady
AED 950,000AED 1,234 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
16th of 17
Parking
B1-111
Developer
Tiger Properties
Completed
2023
Service charge
AED 10,000 /yr
Last sold
AED 950K · January 2024
Building
The V Tower

About 1608, The V Tower

1608 is a one-bedroom apartment of 770 sqft on the 16th floor of The V Tower, a 17-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 29 January 2024 for AED 950,000, or AED 1,234 per sqft, 46% above the AED 843 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2024. The current contract, renewed on 15 December 2024, is AED 51,110 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in The V Tower
600K800K1M2020202220242026Typical sale price by year: 2020 AED 580,000; 2021 AED 580,194; 2022 AED 598,681; 2023 AED 602,345; 2024 AED 698,250; 2025 AED 740,000; 2026 AED 770,000Sold by developer, January 2024: AED 950,000 (AED 1,234 per sqft)

1608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in The V Tower
50K55K60K20232024202520262027Typical rent by year: 2023 AED 53,000; 2024 AED 58,000; 2025 AED 60,000; 2026 AED 60,000Renewal, December 2024: AED 51,110 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The V Tower, and where 1608 sits

All 168 1-beds →

1608 last sold in January 2024 at AED 1,234 per sqft, 46% above what one-beds in The V Tower were fetching at the time (AED 843). Over the last 12 months one-beds sold for AED 650,000 to 830,000, around AED 1,042 per sqft, and rent for AED 45,000 to 81,600 a year. 1608's AED 51,110 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026725,000
21 Sep 2026785,000
2 Sep 2026800,000
29 Aug 2026770,000
11 1-bed sales in the last 12 months

The V Tower

Building

368 apartments, studios to 3-bed over 17 floors in Dubailand Residence Complex, completed in 2023 by Tiger Properties. 31 sold in the last 12 months.

Typical price per sqft
AED 1,011 Up 3.7%
Typical sale
AED 760K
Typical rent
AED 58K /yr
Typical yield
8.4%
The V Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 16th floor

All 368 units in The V Tower
Value
16013-bedAED 1.1M · Nov 2023
16021-bedNo registered sale
16031-bedAED 579K · Aug 2021
16041-bedAED 700K · Dec 2024
16053-bedNo registered sale
1606StudioAED 390K · Sep 2020
16073-bedNo registered sale
1–7 of 22

1608, The V Tower in numbers

  • Sold once: by Tiger Properties on 29 January 2024 for AED 950,000, or AED 1,234 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 51,110 a year.
  • At AED 51,110 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 10,000 a year (AED 13.05 per sqft).
  • One-beds in The V Tower sold for AED 650,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,011 per sqft.

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 1608, The V Tower

What did unit 1608 last sell for?

AED 950,000 on 29 January 2024, sold by the developer: AED 1,234 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 51,110 a year on the contract renewed on 15 December 2024.

How big is unit 1608?

770 sqft (71.5 sqm): a one-bedroom apartment on the 16th floor of a 17-storey tower completed in 2023.

What is unit 1608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The V Tower sold for AED 650,000 to 830,000 in the last 12 months, around AED 1,042 per sqft.

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Mortgage on 1608, The V Tower

Starts from the last sale price (AED 950K, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →