2-bed · 1,310 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 13th floor · completed 2009

1310, V3 Tower

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1310 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 1.13M2 November 2021
Current rentAED 90K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1310, V3 Tower

What is 1310 worth today?

Last sold for AED 1,130,000 in 2021

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5 Apr 2023RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
5 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
2 Nov 2021SoldReady
AED 1,130,000AED 862 per sqft
5 Dec 2020RentedRenewal
AED 68,000/yr12 months · AED 52 per sqft
5 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
25 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
7 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
29 Apr 2015SoldReady
AED 795,000AED 606 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
13th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,300 /yr
Last sold
AED 1.13M · November 2021
Building
V3 Tower

About 1310, V3 Tower

1310 is a two-bedroom apartment of 1,310 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 2 November 2021 for AED 1,130,000, or AED 862 per sqft, 13% above the AED 763 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 April 2023, is AED 90,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1310 over time

Sales
Unit 1310, each saleTypical two-bed in V3 Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,163,855; 2011 AED 916,662; 2012 AED 1,015,168; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000; 2026 AED 2,100,000Sold by developer, May 2010: AED 1,103,632 (AED 842 per sqft)Sold, April 2015: AED 795,000 (AED 606 per sqft)Sold, November 2021: AED 1,130,000 (AED 862 per sqft)

1310 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1310, each contractTypical two-bed in V3 Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 79,500; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 92,000; 2024 AED 115,000; 2025 AED 123,000; 2026 AED 120,000New contract, December 2013: AED 86,000 a yearNew contract, February 2016: AED 120,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, December 2019: AED 80,000 a yearRenewal, December 2020: AED 68,000 a yearNew contract, April 2022: AED 90,000 a yearRenewal, April 2023: AED 90,000 a year

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 1310 sits

All 126 2-beds →

1310 last sold in November 2021 at AED 862 per sqft, 13% above what two-beds in V3 Tower were fetching at the time (AED 763). 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. 1310's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,100,000
24 Jul 20262,300,000
12 Jan 20261,400,000
11 Dec 20252,190,000
5 2-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

1310, V3 Tower in numbers

  • Sold 3 times: first on 3 May 2010 for AED 1,103,632, last on 2 November 2021 for AED 1,130,000 (AED 862 per sqft).
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 86,000 to AED 68,000 in 2020 and recovered to AED 90,000 by April 2023.
  • At AED 90,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 16,300 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 5 April 2023.

Questions about 1310, V3 Tower

What did unit 1310 last sell for?

AED 1,130,000 on 2 November 2021: AED 862 per sqft for 1,310 sqft. The unit has 3 registered sales; the first was AED 1,103,632 in May 2010.

What is the rent for unit 1310?

AED 90,000 a year on the contract renewed on 5 April 2023. The previous contract, from April 2022, was AED 90,000; the unit has been rented since December 2013.

How big is unit 1310?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 13th floor of a 37-storey tower completed in 2009.

What is unit 1310 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 1310, V3 Tower

Starts from the last sale price (AED 1.13M, 2 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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