1407, V3 Tower
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, V3 Tower
What is 1407 worth today?
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Source: Dubai Land Department. Updated 15 June 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 775K · July 2023
- Building
- V3 Tower
About 1407, V3 Tower
1407 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 5 July 2023 for AED 775,000, or AED 956 per sqft, in line with the AED 980 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 15 June 2025, is AED 80,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1407 over time
1407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1407 sits
All 162 1-beds →1407 last sold in July 2023 at AED 956 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 980). 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. 1407's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 811 sqft | 970,000 | 1,196 | ||
| 11 Sep 202611 September 2026 | 811 sqft | 1,100,000 | 1,357 | ||
| 1 Jun 20261 June 2026 | 811 sqft | 950,000 | 1,172 | ||
| 10 Mar 202610 March 2026 | 805 sqft | 1,000,000 | 1,242 |
V3 Tower
Building328 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%
Other units on the 14th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,348 sqft | AED 840KAED 840,000 · Sep 2011September 2011 | 94,000 /yr | |
| 1402 | 1-bed | 806 sqft | AED 575KAED 575,035 · Apr 2010April 2010 | 84,000 /yr | |
| 1403 | 1-bed | 846 sqft | AED 1.13MAED 1,125,000 · Feb 2025February 2025 | 85,000 /yr | |
| 1404 | 1-bed | 811 sqft | AED 1.13MAED 1,125,000 · Aug 2014August 2014 | 71,000 /yr | |
| 1405 | 2-bed | 1,625 sqft | AED 1.05MAED 1,050,000 · Oct 2020October 2020 | 160,000 /yr | |
| 1406 | 2-bed | 1,625 sqft | AED 2.15MAED 2,150,000 · Jul 2014July 2014 | ||
| 1408 | 1-bed | 846 sqft | AED 570KAED 569,527 · Apr 2010April 2010 | 81,000 /yr | |
| 1409 | 1-bed | 805 sqft | AED 1.2MAED 1,200,000 · Jun 2014June 2014 | 75,000 /yr | |
| 1410 | 2-bed | 1,310 sqft | AED 1.7MAED 1,700,000 · Dec 2014December 2014 | 135,000 /yr |
1407, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 561,686, last on 5 July 2023 for AED 775,000 (AED 956 per sqft).
- Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 61,731 in 2021 and recovered to AED 80,000 by June 2025.
- At AED 80,000 a year the gross yield on the 2023 price is 10.3%, 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 June 2025.
Questions about 1407, V3 Tower
What did unit 1407 last sell for?
AED 775,000 on 5 July 2023: AED 956 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 561,686 in April 2010.
What is the rent for unit 1407?
AED 80,000 a year on the contract signed on 15 June 2025. The previous contract, from November 2024, was AED 77,500; the unit has been rented since February 2015.
How big is unit 1407?
811 sqft (75.3 sqm): a one-bedroom apartment on the 14th floor of a 37-storey tower completed in 2009.
What is unit 1407 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 1407, V3 Tower
Starts from the last sale price (AED 775K, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →