1005, V3 Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, V3 Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 10th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.24M · April 2010
- Building
- V3 Tower
About 1005, V3 Tower
1005 is a two-bedroom apartment of 1,625 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. The developer sold it on 20 April 2010 for AED 1,235,522, or AED 760 per sqft, 3% below the AED 787 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 89,000 a year: a gross yield of 7.2% on the 2010 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in V3 Tower, and where 1005 sits
All 126 2-beds →1005 last sold in April 2010 at AED 760 per sqft, 3% below what two-beds in V3 Tower were fetching at the time (AED 787). Over the last 12 months two-beds sold for AED 1,400,000 to 2,300,000, around AED 1,347 per sqft, and rent for AED 90,000 to 160,000 a year. 1005's AED 89,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
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 | |
| 1002 | 1-bed | 806 sqft | AED 1.28MAED 1,275,000 · Mar 2014March 2014 | 60,552 /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 | |
| 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 |
1005, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 April 2010 for AED 1,235,522, or AED 760 per sqft.
- Rented since December 2012 on 11 Ejari contracts, from AED 90,000 to AED 89,000 a year.
- At AED 89,000 a year the gross yield on the 2010 price is 7.2%, before a service charge of about AED 20,300 a year (AED 12.46 per sqft).
- Two-beds in V3 Tower sold for AED 1,400,000–2,300,000 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 1 January 2023.
Questions about 1005, V3 Tower
What did unit 1005 last sell for?
AED 1,235,522 on 20 April 2010, sold by the developer: AED 760 per sqft for 1,625 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 89,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 85,000; the unit has been rented since December 2012.
How big is unit 1005?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 10th floor of a 37-storey tower completed in 2009.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in V3 Tower sold for AED 1,400,000 to 2,300,000 in the last 12 months, around AED 1,347 per sqft.
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Mortgage on 1005, V3 Tower
Starts from the last sale price (AED 1.24M, 20 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,235,522
- Deposit, UAE resident (20%)
- AED 247,104
- Deposit, non-resident (40%)
- AED 494,209
- Monthly over 25 years at 3.7%
- AED 5,055
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →