1207, V3 Tower
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, V3 Tower
What is 1207 worth today?
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Source: Dubai Land Department. Updated 1 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 12th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 900K · November 2013
- Building
- V3 Tower
About 1207, V3 Tower
1207 is a one-bedroom apartment of 811 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. It last sold on 6 November 2013 for AED 900,000, or AED 1,110 per sqft, 25% above the AED 887 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 62,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1207 over time
1207 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 1207 sits
All 162 1-beds →1207 last sold in November 2013 at AED 1,110 per sqft, 25% above what one-beds in V3 Tower were fetching at the time (AED 887). 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. 1207's AED 62,000 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 12th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,348 sqft | AED 1.04MAED 1,039,196 · May 2010May 2010 | 105,053 /yr | |
| 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 | |
| 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 |
1207, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 558,282, last on 6 November 2013 for AED 900,000 (AED 1,110 per sqft).
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 66,000 to AED 56,000 in 2021 and recovered to AED 62,000 by March 2023.
- At AED 62,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 10,100 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 1 March 2023.
Questions about 1207, V3 Tower
What did unit 1207 last sell for?
AED 900,000 on 6 November 2013: AED 1,110 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 558,282 in April 2010.
What is the rent for unit 1207?
AED 62,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 62,000; the unit has been rented since February 2020.
How big is unit 1207?
811 sqft (75.3 sqm): a one-bedroom apartment on the 12th floor of a 37-storey tower completed in 2009.
What is unit 1207 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 1207, V3 Tower
Starts from the last sale price (AED 900K, 6 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →