1002, V3 Tower
Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, V3 Tower
What is 1002 worth today?
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Source: Dubai Land Department. Updated 14 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 10th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.28M · March 2014
- Building
- V3 Tower
About 1002, V3 Tower
1002 is a one-bedroom apartment of 806 sqft on the 10th floor of V3 Tower, a 37-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. It last sold on 25 March 2014 for AED 1,275,000, or AED 1,581 per sqft, 62% above the AED 975 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 14 April 2025, is AED 60,552 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in V3 Tower, and where 1002 sits
All 162 1-beds →1002 last sold in March 2014 at AED 1,581 per sqft, 62% above what one-beds in V3 Tower were fetching at the time (AED 975). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,242 per sqft, and rent for AED 54,000 to 125,000 a year. 1002's AED 60,552 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 811 sqft | 970,000 | 1,196 | ||
| 11 Sep 202611 September 2026 | 811 sqft | 1,100,000 | 1,357 | ||
| 1 Jun 20261 June 2026 | 811 sqft | 950,000 | 1,172 | ||
| 10 Mar 202610 March 2026 | 805 sqft | 1,000,000 | 1,242 |
V3 Tower
Building328 apartments, 1-bed to 3-bed over 37 floors in Jumeirah Lake Towers (JLT), completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,292 Up 4.0%
- Typical sale
- AED 1.1M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.1%
Other units on the 10th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,348 sqft | AED 1.39MAED 1,385,000 · Mar 2023March 2023 | 130,000 /yr | |
| 1003 | 1-bed | 846 sqft | AED 710KAED 710,000 · Oct 2012October 2012 | 70,000 /yr | |
| 1004 | 1-bed | 811 sqft | AED 572KAED 571,899 · May 2010May 2010 | 76,500 /yr | |
| 1005 | 2-bed | 1,625 sqft | AED 1.24MAED 1,235,522 · Apr 2010April 2010 | 89,000 /yr | |
| 1006 | 2-bed | 1,625 sqft | AED 2MAED 2,000,000 · Dec 2024December 2024 | 135,000 /yr | |
| 1007 | 1-bed | 811 sqft | AED 610KAED 610,366 · Apr 2010April 2010 | 75,000 /yr | |
| 1008 | 1-bed | 846 sqft | AED 860KAED 860,000 · Oct 2023October 2023 | 54,000 /yr | |
| 1009 | 1-bed | 805 sqft | AED 970KAED 970,000 · Apr 2015April 2015 | 57,000 /yr | |
| 1010 | 2-bed | 1,310 sqft | AED 840KAED 840,000 · Sep 2012September 2012 | 120,000 /yr |
1002, V3 Tower in numbers
- Sold twice: first on 19 April 2010 for AED 568,270, last on 25 March 2014 for AED 1,275,000 (AED 1,581 per sqft).
- Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 94,737 to AED 45,000 in 2021 and recovered to AED 60,552 by April 2025.
- At AED 60,552 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 10,000 a year (AED 12.46 per sqft).
- One-beds in V3 Tower sold for AED 950,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,292 per sqft.
Source: Dubai Land Department. Updated 14 April 2025.
Questions about 1002, V3 Tower
What did unit 1002 last sell for?
AED 1,275,000 on 25 March 2014: AED 1,581 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 568,270 in April 2010.
What is the rent for unit 1002?
AED 60,552 a year on the contract signed on 14 April 2025. The previous contract, from April 2025, was AED 60,552; the unit has been rented since April 2014.
How big is unit 1002?
806 sqft (74.9 sqm): a one-bedroom apartment on the 10th floor of a 37-storey tower completed in 2009.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in V3 Tower sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,242 per sqft.
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Mortgage on 1002, V3 Tower
Starts from the last sale price (AED 1.28M, 25 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →