1109, V3 Tower
Sold prices and rental history: sold twice, last in July 2011, 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 1109, V3 Tower
What is 1109 worth today?
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Source: Dubai Land Department. Updated 2 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 11th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 450K · July 2011
- Building
- V3 Tower
About 1109, V3 Tower
1109 is a one-bedroom apartment of 805 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 5 July 2011 for AED 450,000, or AED 558 per sqft, 17% below the AED 669 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 2 February 2024, is AED 64,000 a year: a gross yield of 14.2% on the 2011 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1109 over time
1109 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 1109 sits
All 162 1-beds →1109 last sold in July 2011 at AED 558 per sqft, 17% below what one-beds in V3 Tower were fetching at the time (AED 669). 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. 1109's AED 64,000 is in the lower half 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 11th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,348 sqft | AED 1.31MAED 1,306,000 · Dec 2021December 2021 | 135,000 /yr | |
| 1102 | 1-bed | 806 sqft | AED 570KAED 569,961 · Jul 2010July 2010 | 68,250 /yr | |
| 1103 | 1-bed | 846 sqft | AED 733KAED 732,874 · Jul 2023July 2023 | 80,000 /yr | |
| 1104 | 1-bed | 811 sqft | AED 965KAED 965,000 · Oct 2024October 2024 | 98,000 /yr | |
| 1105 | 2-bed | 1,625 sqft | AED 1.24MAED 1,239,256 · Apr 2010April 2010 | 140,000 /yr | |
| 1106 | 2-bed | 1,625 sqft | AED 1.25MAED 1,250,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1107 | 1-bed | 811 sqft | AED 1.02MAED 1,015,000 · Oct 2025October 2025 | 80,000 /yr | |
| 1108 | 1-bed | 846 sqft | AED 800KAED 800,000 · Apr 2022April 2022 | 68,200 /yr | |
| 1110 | 2-bed | 1,310 sqft | AED 1.1MAED 1,097,122 · Apr 2010April 2010 | 120,000 /yr |
1109, V3 Tower in numbers
- Sold twice: first on 19 April 2010 for AED 553,049, last on 5 July 2011 for AED 450,000 (AED 558 per sqft).
- Rented since May 2013 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 52,000 in 2022 and recovered to AED 64,000 by February 2024.
- At AED 64,000 a year the gross yield on the 2011 price is 14.2%, 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 2 February 2024.
Questions about 1109, V3 Tower
What did unit 1109 last sell for?
AED 450,000 on 5 July 2011: AED 558 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 553,049 in April 2010.
What is the rent for unit 1109?
AED 64,000 a year on the contract renewed on 2 February 2024. The previous contract, from February 2023, was AED 57,200; the unit has been rented since May 2013.
How big is unit 1109?
805 sqft (74.8 sqm): a one-bedroom apartment on the 11th floor of a 37-storey tower completed in 2009.
What is unit 1109 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 1109, V3 Tower
Starts from the last sale price (AED 450K, 5 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →