2-bed · 1,348 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2009

1501, V3 Tower

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 14 April 2026
Last soldAED 1.65M9 March 2015
Current rentAED 105K /yr14 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, V3 Tower

What is 1501 worth today?

Last sold for AED 1,650,000 in 2015

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14 Apr 2026RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
14 Apr 2021RentedRenewal
AED 71,000/yr12 months · AED 53 per sqft
14 Apr 2020RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
1 Apr 2019RentedRenewal
AED 96,515/yr12 months · AED 72 per sqft
1 Apr 2018RentedRenewal
AED 105,000/yr12 months · AED 78 per sqft
1 Apr 2017RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft
1 Apr 2016RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
1 Apr 2015RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 14 April 2026.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
15th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,800 /yr
Last sold
AED 1.65M · March 2015
Building
V3 Tower

About 1501, V3 Tower

1501 is a two-bedroom apartment of 1,348 sqft on the 15th 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 9 March 2015 for AED 1,650,000, or AED 1,224 per sqft, in line with the AED 1,227 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 14 April 2026, is AED 105,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, November 2012: AED 1,048,420 (AED 777 per sqft)Sold, March 2015: AED 1,650,000 (AED 1,224 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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 120,000New contract, February 2013: AED 80,000 a yearNew contract, April 2015: AED 115,000 a yearNew contract, April 2016: AED 115,000 a yearRenewal, April 2017: AED 115,000 a yearRenewal, April 2018: AED 105,000 a yearRenewal, April 2019: AED 96,515 a yearRenewal, April 2020: AED 90,000 a yearRenewal, April 2021: AED 71,000 a yearNew contract, April 2026: AED 105,000 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 1501 sits

All 126 2-beds →

1501 last sold in March 2015 at AED 1,224 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 1,227). 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 66,940 to 160,000 a year. 1501's AED 105,000 is in the lower half 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 15th floor

All 328 units in V3 Tower
Value
15021-bedAED 575K · Mar 2012
15031-bedAED 589K · Apr 2010
15041-bedAED 675K · Mar 2021
15052-bedAED 1.37M · Jun 2010
15062-bedAED 1.35M · Aug 2022
15071-bedAED 1.12M · Jun 2025
15081-bedAED 571K · Apr 2010
1–7 of 9

1501, V3 Tower in numbers

  • Sold twice: first on 5 November 2012 for AED 1,048,420, last on 9 March 2015 for AED 1,650,000 (AED 1,224 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 71,000 in 2021 and recovered to AED 105,000 by April 2026.
  • At AED 105,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 16,800 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 14 April 2026.

Questions about 1501, V3 Tower

What did unit 1501 last sell for?

AED 1,650,000 on 9 March 2015: AED 1,224 per sqft for 1,348 sqft. The unit has 2 registered sales; the first was AED 1,048,420 in November 2012.

What is the rent for unit 1501?

AED 105,000 a year on the contract signed on 14 April 2026. The previous contract, from April 2021, was AED 71,000; the unit has been rented since February 2013.

How big is unit 1501?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2009.

What is unit 1501 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 1501, V3 Tower

Starts from the last sale price (AED 1.65M, 9 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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