1208, V3 Tower
Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, V3 Tower
What is 1208 worth today?
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Source: Dubai Land Department. Updated 23 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 12th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 566K · May 2010
- Building
- V3 Tower
About 1208, V3 Tower
1208 is a one-bedroom apartment of 846 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 566,076, or AED 669 per sqft, 4% below the AED 700 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 23 October 2026, is AED 73,500 a year: a gross yield of 13.0% on the 2010 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1208 over time
1208 has sold once; 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 1208 sits
All 162 1-beds →1208 last sold in May 2010 at AED 669 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 700). 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. 1208's AED 73,500 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 | |
| 1207 | 1-bed | 811 sqft | AED 900KAED 900,000 · Nov 2013November 2013 | 62,000 /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 |
1208, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 23 May 2010 for AED 566,076, or AED 669 per sqft.
- Rented since May 2012 on 14 Ejari contracts, from AED 56,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2010 price is 13.0%, before a service charge of about AED 10,500 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 23 October 2026.
Questions about 1208, V3 Tower
What did unit 1208 last sell for?
AED 566,076 on 23 May 2010, sold by the developer: AED 669 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 73,500 a year on the contract renewed on 23 October 2026. The previous contract, from October 2025, was AED 73,500; the unit has been rented since May 2012.
How big is unit 1208?
846 sqft (78.6 sqm): a one-bedroom apartment on the 12th floor of a 37-storey tower completed in 2009.
What is unit 1208 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 1208, V3 Tower
Starts from the last sale price (AED 566K, 23 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 566,076
- Deposit, UAE resident (20%)
- AED 113,215
- Deposit, non-resident (40%)
- AED 226,430
- Monthly over 25 years at 3.7%
- AED 2,316
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →