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

1406, V3 Tower

Sold prices and rental history: sold twice, last in July 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 10 July 2014
Last soldAED 2.15M10 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, V3 Tower

What is 1406 worth today?

Last sold for AED 2,150,000 in 2014

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10 Jul 2014SoldReady
AED 2,150,000AED 1,322 per sqft
28 Apr 2014Sold by developerReady
AED 1,084,000AED 666 per sqft

Source: Dubai Land Department. Updated 10 July 2014.

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 2.15M · July 2014
Building
V3 Tower

About 1406, V3 Tower

1406 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 10 July 2014 for AED 2,150,000, or AED 1,322 per sqft, 32% above the AED 1,001 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 2014: AED 1,084,000 (AED 666 per sqft)Sold, July 2014: AED 2,150,000 (AED 1,322 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, 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 120,000

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 1406 sits

All 126 2-beds →

1406 last sold in July 2014 at AED 1,322 per sqft, 32% above what two-beds in V3 Tower were fetching at the time (AED 1,001). 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.

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
14052-bedAED 1.05M · Oct 2020
14071-bedAED 775K · Jul 2023
14081-bedAED 570K · Apr 2010
1–7 of 9

1406, V3 Tower in numbers

  • Sold twice: first on 28 April 2014 for AED 1,084,000, last on 10 July 2014 for AED 2,150,000 (AED 1,322 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 10 July 2014.

Questions about 1406, V3 Tower

What did unit 1406 last sell for?

AED 2,150,000 on 10 July 2014: AED 1,322 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,084,000 in April 2014.

How big is unit 1406?

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 1406 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 1406, V3 Tower

Starts from the last sale price (AED 2.15M, 10 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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