1-bed · 846 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2009

1308, 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.

Unit 1308 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 568K23 May 2010
Current rentAED 72K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, V3 Tower

What is 1308 worth today?

Last sold for AED 567,801 in 2010

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3 Feb 2026RentedRenewal
AED 71,610/yr12 months · AED 85 per sqft
3 Feb 2025RentedRenewal
AED 68,200/yr12 months · AED 81 per sqft
3 Feb 2025RentedRenewal
AED 68,200/yr12 months · AED 81 per sqft
3 Feb 2024RentedNew contract
AED 62,000/yr12 months · AED 73 per sqft
1 Nov 2022RentedRenewal
AED 46,000/yr12 months · AED 54 per sqft
1 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft
1 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
1 May 2019RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
13th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 568K · May 2010
Building
V3 Tower

About 1308, V3 Tower

1308 is a one-bedroom apartment of 846 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. The developer sold it on 23 May 2010 for AED 567,801, or AED 671 per sqft, 4% below the AED 700 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 71,610 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in V3 Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 572,979; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 735,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 1,050,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 995,000; 2026 AED 1,037,500Sold by developer, May 2010: AED 567,801 (AED 671 per sqft)

1308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,750; 2013 AED 64,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,250; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 63,750; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 75,000New contract, February 2013: AED 45,000 a yearNew contract, February 2014: AED 54,000 a yearRenewal, February 2015: AED 62,100 a yearRenewal, February 2016: AED 68,308 a yearRenewal, February 2017: AED 71,724 a yearNew contract, May 2018: AED 70,000 a yearRenewal, May 2019: AED 65,000 a yearNew contract, November 2020: AED 42,000 a yearRenewal, November 2021: AED 42,000 a yearRenewal, November 2022: AED 46,000 a yearNew contract, February 2024: AED 62,000 a yearRenewal, February 2025: AED 68,200 a yearRenewal, February 2025: AED 68,200 a yearRenewal, February 2026: AED 71,610 a year

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 1308 sits

All 162 1-beds →

1308 last sold in May 2010 at AED 671 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. 1308's AED 71,610 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026970,000
11 Sep 20261,100,000
1 Jun 2026950,000
10 Mar 20261,000,000
7 1-bed sales in the last 12 months

V3 Tower

Building

328 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%
V3 Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 13th floor

All 328 units in V3 Tower
Value
13012-bedAED 1.04M · May 2010
13021-bedAED 573K · Jun 2010
13031-bedAED 585K · Aug 2015
13041-bedAED 950K · Jul 2024
13052-bedAED 2.12M · Dec 2016
13062-bedAED 1.05M · Feb 2012
13071-bedAED 620K · Nov 2021
1–7 of 9

1308, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 23 May 2010 for AED 567,801, or AED 671 per sqft.
  • Rented since February 2013 on 14 Ejari contracts, from AED 45,000 to AED 71,610 a year.
  • At AED 71,610 a year the gross yield on the 2010 price is 12.6%, 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 3 February 2026.

Questions about 1308, V3 Tower

What did unit 1308 last sell for?

AED 567,801 on 23 May 2010, sold by the developer: AED 671 per sqft for 846 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 71,610 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 68,200; the unit has been rented since February 2013.

How big is unit 1308?

846 sqft (78.6 sqm): a one-bedroom apartment on the 13th floor of a 37-storey tower completed in 2009.

What is unit 1308 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 1308, V3 Tower

Starts from the last sale price (AED 568K, 23 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 567,801
Deposit, UAE resident (20%)
AED 113,560
Deposit, non-resident (40%)
AED 227,120
Monthly over 25 years at 3.7%
AED 2,323

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →