1504, V3 Tower
Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, V3 Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 15th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 675K · March 2021
- Building
- V3 Tower
About 1504, V3 Tower
1504 is a one-bedroom apartment of 811 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 2 March 2021 for AED 675,000, or AED 832 per sqft, 12% above the AED 743 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 50,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1504 over time
1504 has sold 4 times; 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 1504 sits
All 162 1-beds →1504 last sold in March 2021 at AED 832 per sqft, 12% above what one-beds in V3 Tower were fetching at the time (AED 743). 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. 1504's AED 50,000 is at the bottom 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 15th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,348 sqft | AED 1.65MAED 1,650,000 · Mar 2015March 2015 | 105,000 /yr | |
| 1502 | 1-bed | 806 sqft | AED 575KAED 575,000 · Mar 2012March 2012 | 46,000 /yr | |
| 1503 | 1-bed | 846 sqft | AED 589KAED 588,511 · Apr 2010April 2010 | 75,000 /yr | |
| 1505 | 2-bed | 1,625 sqft | AED 1.37MAED 1,368,203 · Jun 2010June 2010 | 127,500 /yr | |
| 1506 | 2-bed | 1,625 sqft | AED 1.35MAED 1,350,000 · Aug 2022August 2022 | 92,000 /yr | |
| 1507 | 1-bed | 811 sqft | AED 1.12MAED 1,120,000 · Jun 2025June 2025 | 80,000 /yr | |
| 1508 | 1-bed | 846 sqft | AED 571KAED 571,253 · Apr 2010April 2010 | 72,000 /yr | |
| 1509 | 1-bed | 805 sqft | AED 930KAED 930,000 · Sep 2024September 2024 | 73,802 /yr | |
| 1510 | 2-bed | 1,310 sqft | AED 1.5MAED 1,500,000 · Sep 2016September 2016 | 135,000 /yr |
1504, V3 Tower in numbers
- Sold 4 times: first on 20 April 2010 for AED 638,450, last on 2 March 2021 for AED 675,000 (AED 832 per sqft).
- Rented since April 2014 on 4 Ejari contracts, from AED 60,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 price is 7.4%, 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 1 March 2024.
Questions about 1504, V3 Tower
What did unit 1504 last sell for?
AED 675,000 on 2 March 2021: AED 832 per sqft for 811 sqft. The unit has 4 registered sales; the first was AED 638,450 in April 2010.
What is the rent for unit 1504?
AED 50,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 50,000; the unit has been rented since April 2014.
How big is unit 1504?
811 sqft (75.3 sqm): a one-bedroom apartment on the 15th floor of a 37-storey tower completed in 2009.
What is unit 1504 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 1504, V3 Tower
Starts from the last sale price (AED 675K, 2 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →