1307, V3 Tower
Sold prices and rental history: sold twice, last in November 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, V3 Tower
What is 1307 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 13th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 620K · November 2021
- Building
- V3 Tower
About 1307, V3 Tower
1307 is a one-bedroom apartment of 811 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 28 November 2021 for AED 620,000, or AED 764 per sqft, 8% below the AED 832 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 27 December 2022, is AED 70,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1307 over time
1307 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 1307 sits
All 162 1-beds →1307 last sold in November 2021 at AED 764 per sqft, 8% below what one-beds in V3 Tower were fetching at the time (AED 832). 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. 1307's AED 70,000 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 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 | |
| 1305 | 2-bed | 1,625 sqft | AED 2.12MAED 2,120,000 · Dec 2016December 2016 | 130,000 /yr | |
| 1306 | 2-bed | 1,625 sqft | AED 1.05MAED 1,050,000 · Feb 2012February 2012 | 105,000 /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 |
1307, V3 Tower in numbers
- Sold twice: first on 3 May 2010 for AED 559,984, last on 28 November 2021 for AED 620,000 (AED 764 per sqft).
- Rented since September 2014 on 3 Ejari contracts. The rent fell from AED 69,000 to AED 52,000 in 2021 and recovered to AED 70,000 by December 2022.
- At AED 70,000 a year the gross yield on the 2021 price is 11.3%, 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 27 December 2022.
Questions about 1307, V3 Tower
What did unit 1307 last sell for?
AED 620,000 on 28 November 2021: AED 764 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 559,984 in May 2010.
What is the rent for unit 1307?
AED 70,000 a year on the contract signed on 27 December 2022. The previous contract, from December 2021, was AED 52,000; the unit has been rented since September 2014.
How big is unit 1307?
811 sqft (75.3 sqm): a one-bedroom apartment on the 13th floor of a 37-storey tower completed in 2009.
What is unit 1307 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 1307, V3 Tower
Starts from the last sale price (AED 620K, 28 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →