1008, V3 Tower
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, V3 Tower
What is 1008 worth today?
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Source: Dubai Land Department. Updated 6 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 10th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 860K · October 2023
- Building
- V3 Tower
About 1008, V3 Tower
1008 is a one-bedroom apartment of 846 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 6 October 2023 for AED 860,000, or AED 1,016 per sqft, in line with the AED 1,001 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 November 2021, is AED 54,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1008 over time
1008 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 1008 sits
All 162 1-beds →1008 last sold in October 2023 at AED 1,016 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 1,001). 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. 1008's AED 54,000 is at the bottom 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 | |
| 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 | |
| 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 | |
| 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 |
1008, V3 Tower in numbers
- Sold twice: first on 3 May 2010 for AED 562,624, last on 6 October 2023 for AED 860,000 (AED 1,016 per sqft).
- Rented since March 2013 on 10 Ejari contracts, from AED 55,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 10,500 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 6 October 2023.
Questions about 1008, V3 Tower
What did unit 1008 last sell for?
AED 860,000 on 6 October 2023: AED 1,016 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 562,624 in May 2010.
What is the rent for unit 1008?
AED 54,000 a year on the contract signed on 1 November 2021. The previous contract, from March 2020, was AED 62,000; the unit has been rented since March 2013.
How big is unit 1008?
846 sqft (78.6 sqm): a one-bedroom apartment on the 10th floor of a 37-storey tower completed in 2009.
What is unit 1008 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 1008, V3 Tower
Starts from the last sale price (AED 860K, 6 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →