1305, V3 Tower
Sold prices and rental history: sold twice, last in December 2016, 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 1305, V3 Tower
What is 1305 worth today?
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Source: Dubai Land Department. Updated 14 December 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 13th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 2.12M · December 2016
- Building
- V3 Tower
About 1305, V3 Tower
1305 is a two-bedroom apartment of 1,625 sqft on the 13th 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 14 December 2016 for AED 2,120,000, or AED 1,304 per sqft, 27% above the AED 1,027 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 30 June 2016, is AED 130,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1305 over time
1305 has sold twice; 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 1305 sits
All 126 2-beds →1305 last sold in December 2016 at AED 1,304 per sqft, 27% above what two-beds in V3 Tower were fetching at the time (AED 1,027). 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. 1305's AED 130,000 is in the upper 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 13th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,348 sqft | AED 1.04MAED 1,042,271 · May 2010May 2010 | 108,000 /yr | |
| 1302 | 1-bed | 806 sqft | AED 573KAED 573,344 · Jun 2010June 2010 | 62,000 /yr | |
| 1303 | 1-bed | 846 sqft | AED 585KAED 585,060 · Aug 2015August 2015 | 70,000 /yr | |
| 1304 | 1-bed | 811 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 75,000 /yr | |
| 1306 | 2-bed | 1,625 sqft | AED 1.05MAED 1,050,000 · Feb 2012February 2012 | 105,000 /yr | |
| 1307 | 1-bed | 811 sqft | AED 620KAED 620,000 · Nov 2021November 2021 | 70,000 /yr | |
| 1308 | 1-bed | 846 sqft | AED 568KAED 567,801 · May 2010May 2010 | 71,610 /yr | |
| 1309 | 1-bed | 805 sqft | AED 950KAED 950,000 · Mar 2025March 2025 | 65,000 /yr | |
| 1310 | 2-bed | 1,310 sqft | AED 1.13MAED 1,130,000 · Nov 2021November 2021 | 90,000 /yr |
1305, V3 Tower in numbers
- Sold twice: first on 7 November 2012 for AED 1,360,058, last on 14 December 2016 for AED 2,120,000 (AED 1,304 per sqft).
- Rented since December 2012 on 4 Ejari contracts, from AED 80,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2016 price is 6.1%, 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 14 December 2016.
Questions about 1305, V3 Tower
What did unit 1305 last sell for?
AED 2,120,000 on 14 December 2016: AED 1,304 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,360,058 in November 2012.
What is the rent for unit 1305?
AED 130,000 a year on the contract signed on 30 June 2016. The previous contract, from July 2015, was AED 132,500; the unit has been rented since December 2012.
How big is unit 1305?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 13th floor of a 37-storey tower completed in 2009.
What is unit 1305 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 1305, V3 Tower
Starts from the last sale price (AED 2.12M, 14 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,120,000
- Deposit, UAE resident (20%)
- AED 424,000
- Deposit, non-resident (40%)
- AED 848,000
- Monthly over 25 years at 3.7%
- AED 8,674
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →