101, V3 Tower
Sold prices and rental history: sold twice, last in February 2021, 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 101, V3 Tower
What is 101 worth today?
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Source: Dubai Land Department. Updated 5 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,476 sqft
- Floor
- 1st of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 18,400 /yr
- Last sold
- AED 1M · February 2021
- Building
- V3 Tower
About 101, V3 Tower
101 is a two-bedroom apartment of 1,476 sqft on the 1st 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 1 February 2021 for AED 1,000,000, or AED 677 per sqft, 12% below the AED 773 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 December 2022, is AED 83,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 18,400 a year.
Sales and rents for 101 over time
101 has sold twice; 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 101 sits
All 126 2-beds →101 last sold in February 2021 at AED 677 per sqft, 12% below what two-beds in V3 Tower were fetching at the time (AED 773). 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. 101's AED 83,000 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 1st floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 1-bed | 855 sqft | AED 553KAED 553,049 · Jul 2010July 2010 | 75,000 /yr | |
| 103 | 1-bed | 835 sqft | AED 564KAED 564,350 · Jun 2010June 2010 | 68,000 /yr | |
| 104 | 1-bed | 828 sqft | AED 557KAED 556,580 · Apr 2010April 2010 | 80,000 /yr | |
| 105 | 2-bed | 1,625 sqft | AED 1.68MAED 1,680,000 · May 2025May 2025 | 86,400 /yr | |
| 106 | 2-bed | 1,625 sqft | AED 1.28MAED 1,275,000 · Aug 2023August 2023 | 87,150 /yr | |
| 107 | 1-bed | 806 sqft | AED 1MAED 1,000,000 · Feb 2014February 2014 | 64,000 /yr | |
| 108 | 1-bed | 843 sqft | AED 1.08MAED 1,075,000 · Mar 2026March 2026 | 75,000 /yr | |
| 109 | 1-bed | 817 sqft | AED 500KAED 500,000 · Apr 2011April 2011 | 77,500 /yr | |
| 110 | 2-bed | 1,556 sqft | AED 1.7MAED 1,700,000 · Jul 2017July 2017 |
101, V3 Tower in numbers
- Sold twice: first on 13 October 2011 for AED 936,898, last on 1 February 2021 for AED 1,000,000 (AED 677 per sqft).
- Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2021 and recovered to AED 83,000 by December 2022.
- At AED 83,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 18,400 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 5 December 2022.
Questions about 101, V3 Tower
What did unit 101 last sell for?
AED 1,000,000 on 1 February 2021: AED 677 per sqft for 1,476 sqft. The unit has 2 registered sales; the first was AED 936,898 in October 2011.
What is the rent for unit 101?
AED 83,000 a year on the contract renewed on 5 December 2022. The previous contract, from December 2021, was AED 60,000; the unit has been rented since April 2013.
How big is unit 101?
1,476 sqft (137.1 sqm): a two-bedroom apartment on the 1st floor of a 37-storey tower completed in 2009.
What is unit 101 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 101, V3 Tower
Starts from the last sale price (AED 1M, 1 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →