1201, V3 Tower
Sold prices and rental history: sold once, by the developer in May 2010, 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 1201, V3 Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,348 sqft
- Floor
- 12th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.04M · May 2010
- Building
- V3 Tower
About 1201, V3 Tower
1201 is a two-bedroom apartment of 1,348 sqft on the 12th floor of V3 Tower, a 37-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. The developer sold it on 23 May 2010 for AED 1,039,196, or AED 771 per sqft, in line with the AED 772 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 1 August 2026, is AED 105,053 a year: a gross yield of 10.1% on the 2010 price, before the service charge of about AED 16,800 a year.
Sales and rents for 1201 over time
1201 has sold once; 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 1201 sits
All 126 2-beds →1201 last sold in May 2010 at AED 771 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 772). 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. 1201's AED 105,053 is in the lower half 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 12th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 806 sqft | AED 775KAED 775,000 · May 2023May 2023 | 74,000 /yr | |
| 1203 | 1-bed | 846 sqft | AED 583KAED 583,334 · May 2016May 2016 | 80,000 /yr | |
| 1204 | 1-bed | 811 sqft | AED 750KAED 750,000 · Aug 2021August 2021 | 83,000 /yr | |
| 1205 | 2-bed | 1,625 sqft | AED 1.36MAED 1,355,987 · May 2010May 2010 | 120,000 /yr | |
| 1206 | 2-bed | 1,625 sqft | AED 1.34MAED 1,335,626 · Jun 2015June 2015 | 110,654 /yr | |
| 1207 | 1-bed | 811 sqft | AED 900KAED 900,000 · Nov 2013November 2013 | 62,000 /yr | |
| 1208 | 1-bed | 846 sqft | AED 566KAED 566,076 · May 2010May 2010 | 73,500 /yr | |
| 1209 | 1-bed | 805 sqft | AED 975KAED 975,000 · Feb 2025February 2025 | 101,000 /yr | |
| 1210 | 2-bed | 1,310 sqft | AED 1.12MAED 1,115,000 · Feb 2022February 2022 | 115,000 /yr |
1201, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 23 May 2010 for AED 1,039,196, or AED 771 per sqft.
- Rented since August 2013 on 15 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 105,053 by August 2026.
- At AED 105,053 a year the gross yield on the 2010 price is 10.1%, before a service charge of about AED 16,800 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 1 August 2026.
Questions about 1201, V3 Tower
What did unit 1201 last sell for?
AED 1,039,196 on 23 May 2010, sold by the developer: AED 771 per sqft for 1,348 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 105,053 a year on the contract signed on 1 August 2026. The previous contract, from August 2026, was AED 105,053; the unit has been rented since August 2013.
How big is unit 1201?
1,348 sqft (125.2 sqm): a two-bedroom apartment on the 12th floor of a 37-storey tower completed in 2009.
What is unit 1201 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 1201, V3 Tower
Starts from the last sale price (AED 1.04M, 23 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,039,196
- Deposit, UAE resident (20%)
- AED 207,839
- Deposit, non-resident (40%)
- AED 415,678
- Monthly over 25 years at 3.7%
- AED 4,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →