1-bed · 805 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 10th floor · completed 2009

1009, V3 Tower

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 10 July 2022
Last soldAED 970K19 April 2015
Current rentAED 57K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, V3 Tower

What is 1009 worth today?

Last sold for AED 970,000 in 2015

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10 Jul 2022RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
1 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
23 Sep 2020RentedRenewal
AED 49,000/yr12 months · AED 61 per sqft
23 Sep 2019RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
19 Apr 2015SoldReady
AED 970,000AED 1,204 per sqft
7 Dec 2014Sold by developerReady
AED 551,357AED 684 per sqft
31 Oct 2013RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
11 Jul 2013RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 10 July 2022.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
10th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,000 /yr
Last sold
AED 970K · April 2015
Building
V3 Tower

About 1009, V3 Tower

1009 is a one-bedroom apartment of 805 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 19 April 2015 for AED 970,000, or AED 1,204 per sqft, 8% below the AED 1,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 July 2022, is AED 57,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical one-bed in V3 Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 572,979; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 735,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 1,050,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 995,000; 2026 AED 1,037,500Sold by developer, December 2014: AED 551,357 (AED 684 per sqft)Sold, April 2015: AED 970,000 (AED 1,204 per sqft)

1009 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,750; 2013 AED 64,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,250; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 63,750; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 75,000New contract, July 2013: AED 65,000 a yearNew contract, October 2013: AED 65,000 a yearNew contract, September 2019: AED 57,000 a yearRenewal, September 2020: AED 49,000 a yearNew contract, October 2021: AED 50,000 a yearNew contract, July 2022: AED 57,000 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 V3 Tower, and where 1009 sits

All 162 1-beds →

1009 last sold in April 2015 at AED 1,204 per sqft, 8% below what one-beds in V3 Tower were fetching at the time (AED 1,304). 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. 1009's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026970,000
11 Sep 20261,100,000
1 Jun 2026950,000
10 Mar 20261,000,000
7 1-bed sales in the last 12 months

V3 Tower

Building

328 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%
V3 Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 10th floor

All 328 units in V3 Tower
Value
10012-bedAED 1.39M · Mar 2023
10021-bedAED 1.28M · Mar 2014
10031-bedAED 710K · Oct 2012
10041-bedAED 572K · May 2010
10052-bedAED 1.24M · Apr 2010
10062-bedAED 2M · Dec 2024
10071-bedAED 610K · Apr 2010
1–7 of 9

1009, V3 Tower in numbers

  • Sold twice: first on 7 December 2014 for AED 551,357, last on 19 April 2015 for AED 970,000 (AED 1,204 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 49,000 in 2020 and recovered to AED 57,000 by July 2022.
  • At AED 57,000 a year the gross yield on the 2015 price is 5.9%, 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 10 July 2022.

Questions about 1009, V3 Tower

What did unit 1009 last sell for?

AED 970,000 on 19 April 2015: AED 1,204 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 551,357 in December 2014.

What is the rent for unit 1009?

AED 57,000 a year on the contract signed on 10 July 2022. The previous contract, from October 2021, was AED 50,000; the unit has been rented since July 2013.

How big is unit 1009?

805 sqft (74.8 sqm): a one-bedroom apartment on the 10th floor of a 37-storey tower completed in 2009.

What is unit 1009 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 1009, V3 Tower

Starts from the last sale price (AED 970K, 19 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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