2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 1st floor · completed 2009

106, V3 Tower

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.28M7 August 2023
Current rentAED 87K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, V3 Tower

What is 106 worth today?

Last sold for AED 1,275,000 in 2023

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15 Aug 2023RentedRenewal
AED 87,150/yr12 months · AED 54 per sqft
7 Aug 2023SoldReady
AED 1,275,000AED 784 per sqft
15 Aug 2022RentedRenewal
AED 83,000/yr12 months · AED 51 per sqft
15 Aug 2021RentedRenewal
AED 79,000/yr12 months · AED 49 per sqft
15 Aug 2020RentedRenewal
AED 79,000/yr12 months · AED 49 per sqft
15 Aug 2019RentedNew contract
AED 97,000/yr12 months · AED 60 per sqft
24 Apr 2019SoldReady
AED 625,000AED 384 per sqft
15 Aug 2017RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
1st of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.28M · August 2023
Building
V3 Tower

About 106, V3 Tower

106 is a two-bedroom apartment of 1,625 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 7 August 2023 for AED 1,275,000, or AED 784 per sqft, 12% below the AED 886 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 87,150 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 20,300 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in V3 Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,163,855; 2011 AED 916,662; 2012 AED 1,015,168; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000; 2026 AED 2,100,000Sold by developer, October 2013: AED 1,076,250 (AED 662 per sqft)Sold, April 2019: AED 625,000 (AED 384 per sqft)Sold, August 2023: AED 1,275,000 (AED 784 per sqft)

106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in V3 Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 79,500; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 92,000; 2024 AED 115,000; 2025 AED 123,000; 2026 AED 120,000New contract, May 2013: AED 74,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, August 2014: AED 110,000 a yearRenewal, August 2015: AED 115,500 a yearNew contract, August 2016: AED 120,000 a yearRenewal, August 2017: AED 120,000 a yearNew contract, August 2019: AED 97,000 a yearRenewal, August 2020: AED 79,000 a yearRenewal, August 2021: AED 79,000 a yearRenewal, August 2022: AED 83,000 a yearRenewal, August 2023: AED 87,150 a year

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 106 sits

All 126 2-beds →

106 last sold in August 2023 at AED 784 per sqft, 12% below what two-beds in V3 Tower were fetching at the time (AED 886). 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. 106's AED 87,150 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,100,000
24 Jul 20262,300,000
12 Jan 20261,400,000
11 Dec 20252,190,000
5 2-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 1st floor

All 328 units in V3 Tower
Value
1012-bedAED 1M · Feb 2021
1021-bedAED 553K · Jul 2010
1031-bedAED 564K · Jun 2010
1041-bedAED 557K · Apr 2010
1052-bedAED 1.68M · May 2025
1071-bedAED 1M · Feb 2014
1081-bedAED 1.08M · Mar 2026
1–7 of 9

106, V3 Tower in numbers

  • Sold 3 times: first on 2 October 2013 for AED 1,076,250, last on 7 August 2023 for AED 1,275,000 (AED 784 per sqft).
  • Rented since May 2013 on 11 Ejari contracts, from AED 74,000 to AED 87,150 a year.
  • At AED 87,150 a year the gross yield on the 2023 price is 6.8%, 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 15 August 2023.

Questions about 106, V3 Tower

What did unit 106 last sell for?

AED 1,275,000 on 7 August 2023: AED 784 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 1,076,250 in October 2013.

What is the rent for unit 106?

AED 87,150 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 83,000; the unit has been rented since May 2013.

How big is unit 106?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 1st floor of a 37-storey tower completed in 2009.

What is unit 106 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 106, V3 Tower

Starts from the last sale price (AED 1.28M, 7 August 2023). 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 →