Home
Dubai prices
About
Research
2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 11th floor · completed 2009

1106, V3 Tower

Sold prices and rental history: sold twice, last in December 2012, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 20 April 2013
Last soldAED 1.25M13 December 2012
Current rentAED 85K /yr20 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1106

Property timeline for 1106, V3 Tower

What is 1106 worth today?

Last sold for AED 1,250,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Apr 2013RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
13 Dec 2012SoldReady
AED 1,250,000AED 769 per sqft
20 Apr 2010Sold by developerReady
AED 1,220,592AED 750 per sqft

Source: Dubai Land Department. Updated 20 April 2013.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
11th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.25M · December 2012
Building
V3 Tower

About 1106, V3 Tower

1106 is a two-bedroom apartment of 1,625 sqft on the 11th 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 13 December 2012 for AED 1,250,000, or AED 769 per sqft, 19% above the AED 646 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2013. The current contract, signed on 20 April 2013, is AED 85,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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, April 2010: AED 1,220,592 (AED 750 per sqft)Sold, December 2012: AED 1,250,000 (AED 769 per sqft)

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, 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, April 2013: AED 85,000 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 1106 sits

All 126 2-beds →

1106 last sold in December 2012 at AED 769 per sqft, 19% above what two-beds in V3 Tower were fetching at the time (AED 646). 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. 1106's AED 85,000 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 11th floor

All 328 units in V3 Tower
Value
11012-bedAED 1.31M · Dec 2021
11021-bedAED 570K · Jul 2010
11031-bedAED 733K · Jul 2023
11041-bedAED 965K · Oct 2024
11052-bedAED 1.24M · Apr 2010
11071-bedAED 1.02M · Oct 2025
11081-bedAED 800K · Apr 2022
1–7 of 9

1106, V3 Tower in numbers

  • Sold twice: first on 20 April 2010 for AED 1,220,592, last on 13 December 2012 for AED 1,250,000 (AED 769 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2012 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 20 April 2013.

Questions about 1106, V3 Tower

What did unit 1106 last sell for?

AED 1,250,000 on 13 December 2012: AED 769 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,220,592 in April 2010.

What is the rent for unit 1106?

AED 85,000 a year on the contract signed on 20 April 2013.

How big is unit 1106?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 11th floor of a 37-storey tower completed in 2009.

What is unit 1106 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.

Selling 1106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1106, V3 Tower

Starts from the last sale price (AED 1.25M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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