2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 14th floor · completed 2009

1405, V3 Tower

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 1.05M26 October 2020
Current rentAED 160K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, V3 Tower

What is 1405 worth today?

Last sold for AED 1,050,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Jan 2026RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
1 Jan 2024RentedRenewal
AED 99,000/yr12 months · AED 61 per sqft
1 Jan 2024RentedRenewal
AED 94,600/yr12 months · AED 58 per sqft
1 Jan 2024RentedRenewal
AED 99,000/yr12 months · AED 61 per sqft
1 Jan 2023RentedRenewal
AED 86,000/yr12 months · AED 53 per sqft
1 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
1 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
26 Oct 2020SoldReady
AED 1,050,000AED 646 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
14th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.05M · October 2020
Building
V3 Tower

About 1405, V3 Tower

1405 is a two-bedroom apartment of 1,625 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 26 October 2020 for AED 1,050,000, or AED 646 per sqft, 23% below the AED 840 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 31 January 2026, is AED 160,000 a year: a gross yield of 15.2% on the 2020 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, April 2010: AED 1,250,454 (AED 769 per sqft)Sold, October 2020: AED 1,050,000 (AED 646 per sqft)Sold, October 2020: AED 2,647,924 (AED 1,629 per sqft)

1405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in V3 Tower
100K150K2012201620202024Typical 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, June 2014: AED 103,000 a yearNew contract, June 2015: AED 113,000 a yearRenewal, June 2016: AED 117,000 a yearRenewal, June 2017: AED 117,000 a yearNew contract, June 2018: AED 105,000 a yearRenewal, June 2019: AED 105,000 a yearNew contract, January 2021: AED 80,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 86,000 a yearRenewal, January 2024: AED 99,000 a yearRenewal, January 2024: AED 94,600 a yearRenewal, January 2024: AED 99,000 a yearNew contract, January 2026: AED 160,000 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 1405 sits

All 126 2-beds →

1405 last sold in October 2020 at AED 646 per sqft, 23% below what two-beds in V3 Tower were fetching at the time (AED 840). 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. 1405's AED 160,000 is at the top 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 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
14041-bedAED 1.13M · Aug 2014
14062-bedAED 2.15M · Jul 2014
14071-bedAED 775K · Jul 2023
14081-bedAED 570K · Apr 2010
1–7 of 9

1405, V3 Tower in numbers

  • Sold 3 times: first on 26 April 2010 for AED 1,250,454, last on 26 October 2020 for AED 1,050,000 (AED 646 per sqft).
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 103,000 to AED 80,000 in 2022 and recovered to AED 160,000 by January 2026.
  • At AED 160,000 a year the gross yield on the 2020 price is 15.2%, 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 31 January 2026.

Questions about 1405, V3 Tower

What did unit 1405 last sell for?

AED 1,050,000 on 26 October 2020: AED 646 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 1,250,454 in April 2010.

What is the rent for unit 1405?

AED 160,000 a year on the contract signed on 31 January 2026. The previous contract, from January 2024, was AED 99,000; the unit has been rented since June 2014.

How big is unit 1405?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 14th floor of a 37-storey tower completed in 2009.

What is unit 1405 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.

Selling 1405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1405, V3 Tower

Starts from the last sale price (AED 1.05M, 26 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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