1408, V3 Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, V3 Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 14th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 570K · April 2010
- Building
- V3 Tower
About 1408, V3 Tower
1408 is a one-bedroom apartment of 846 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. The developer sold it on 20 April 2010 for AED 569,527, or AED 673 per sqft, 4% below the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 September 2025, is AED 81,000 a year: a gross yield of 14.2% on the 2010 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1408 over time
1408 has sold once; 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 1408 sits
All 162 1-beds →1408 last sold in April 2010 at AED 673 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 699). 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. 1408's AED 81,000 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 | ||
| 1407 | 1-bed | 811 sqft | AED 775KAED 775,000 · Jul 2023July 2023 | 80,000 /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 |
1408, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 April 2010 for AED 569,527, or AED 673 per sqft.
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 81,000 by September 2025.
- At AED 81,000 a year the gross yield on the 2010 price is 14.2%, before a service charge of about AED 10,500 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 September 2025.
Questions about 1408, V3 Tower
What did unit 1408 last sell for?
AED 569,527 on 20 April 2010, sold by the developer: AED 673 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 81,000 a year on the contract signed on 15 September 2025. The previous contract, from February 2023, was AED 58,100; the unit has been rented since June 2013.
How big is unit 1408?
846 sqft (78.6 sqm): a one-bedroom apartment on the 14th floor of a 37-storey tower completed in 2009.
What is unit 1408 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 1408, V3 Tower
Starts from the last sale price (AED 570K, 20 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 569,527
- Deposit, UAE resident (20%)
- AED 113,905
- Deposit, non-resident (40%)
- AED 227,811
- Monthly over 25 years at 3.7%
- AED 2,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →