1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2009

1404, V3 Tower

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.13M31 August 2014
Current rentAED 71K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, V3 Tower

What is 1404 worth today?

Last sold for AED 1,125,000 in 2014

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15 Mar 2025RentedRenewal
AED 71,000/yr12 months · AED 88 per sqft
15 Mar 2025RentedRenewal
AED 71,000/yr12 months · AED 88 per sqft
15 Mar 2024RentedRenewal
AED 67,000/yr12 months · AED 83 per sqft
15 Mar 2023RentedNew contract
AED 67,000/yr12 months · AED 83 per sqft
27 Sep 2022RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
1 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
1 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
4 May 2019RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
14th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 1.13M · August 2014
Building
V3 Tower

About 1404, V3 Tower

1404 is a one-bedroom apartment of 811 sqft on the 14th 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 31 August 2014 for AED 1,125,000, or AED 1,387 per sqft, 17% above the AED 1,184 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 71,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in V3 Tower
500K1M2010201520202025Typical 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, December 2012: AED 486,312 (AED 599 per sqft)Sold, August 2014: AED 1,125,000 (AED 1,387 per sqft)

1404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in V3 Tower
50K75K2012201620202024Typical 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, September 2014: AED 85,000 a yearNew contract, April 2018: AED 72,000 a yearNew contract, May 2019: AED 58,000 a yearNew contract, June 2020: AED 40,000 a yearNew contract, August 2021: AED 45,000 a yearNew contract, September 2022: AED 57,000 a yearNew contract, March 2023: AED 67,000 a yearRenewal, March 2024: AED 67,000 a yearRenewal, March 2025: AED 71,000 a yearRenewal, March 2025: AED 71,000 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 1404 sits

All 162 1-beds →

1404 last sold in August 2014 at AED 1,387 per sqft, 17% above what one-beds in V3 Tower were fetching at the time (AED 1,184). 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. 1404's AED 71,000 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 14th floor

All 328 units in V3 Tower
Value
14012-bedAED 840K · Sep 2011
14021-bedAED 575K · Apr 2010
14031-bedAED 1.13M · Feb 2025
14052-bedAED 1.05M · Oct 2020
14062-bedAED 2.15M · Jul 2014
14071-bedAED 775K · Jul 2023
14081-bedAED 570K · Apr 2010
1–7 of 9

1404, V3 Tower in numbers

  • Sold twice: first on 13 December 2012 for AED 486,312, last on 31 August 2014 for AED 1,125,000 (AED 1,387 per sqft).
  • Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2020 and recovered to AED 71,000 by March 2025.
  • At AED 71,000 a year the gross yield on the 2014 price is 6.3%, 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 15 March 2025.

Questions about 1404, V3 Tower

What did unit 1404 last sell for?

AED 1,125,000 on 31 August 2014: AED 1,387 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 486,312 in December 2012.

What is the rent for unit 1404?

AED 71,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 71,000; the unit has been rented since September 2014.

How big is unit 1404?

811 sqft (75.3 sqm): a one-bedroom apartment on the 14th floor of a 37-storey tower completed in 2009.

What is unit 1404 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 1404, V3 Tower

Starts from the last sale price (AED 1.13M, 31 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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