2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 15th floor · completed 2009

1505, V3 Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.37M30 June 2010
Current rentAED 128K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, V3 Tower

What is 1505 worth today?

Last sold for AED 1,368,203 in 2010

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1 Sep 2026RentedRenewal
AED 127,500/yr12 months · AED 78 per sqft
1 Sep 2025RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
1 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
12 Oct 2023RentedNew contract
AED 99,000/yr12 months · AED 61 per sqft
12 Oct 2022RentedRenewal
AED 93,000/yr12 months · AED 57 per sqft
12 Oct 2021RentedRenewal
AED 86,500/yr12 months · AED 53 per sqft
12 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
12 Oct 2019RentedNew contract
AED 89,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
15th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.37M · June 2010
Building
V3 Tower

About 1505, V3 Tower

1505 is a two-bedroom apartment of 1,625 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. The developer sold it on 30 June 2010 for AED 1,368,203, or AED 841 per sqft, 8% above the AED 780 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 127,500 a year: a gross yield of 9.3% on the 2010 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, June 2010: AED 1,368,203 (AED 841 per sqft)

1505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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 2018: AED 105,000 a yearRenewal, February 2019: AED 100,000 a yearNew contract, October 2019: AED 89,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 86,500 a yearRenewal, October 2022: AED 93,000 a yearNew contract, October 2023: AED 99,000 a yearNew contract, September 2024: AED 130,000 a yearRenewal, September 2025: AED 130,000 a yearRenewal, September 2026: AED 127,500 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 1505 sits

All 126 2-beds →

1505 last sold in June 2010 at AED 841 per sqft, 8% above what two-beds in V3 Tower were fetching at the time (AED 780). 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. 1505's AED 127,500 is in the upper 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
15012-bedAED 1.65M · Mar 2015
15021-bedAED 575K · Mar 2012
15031-bedAED 589K · Apr 2010
15041-bedAED 675K · Mar 2021
15062-bedAED 1.35M · Aug 2022
15071-bedAED 1.12M · Jun 2025
15081-bedAED 571K · Apr 2010
1–7 of 9

1505, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 30 June 2010 for AED 1,368,203, or AED 841 per sqft.
  • Rented since February 2018 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 127,500 by September 2026.
  • At AED 127,500 a year the gross yield on the 2010 price is 9.3%, before a service charge of about AED 20,300 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 1 September 2026.

Questions about 1505, V3 Tower

What did unit 1505 last sell for?

AED 1,368,203 on 30 June 2010, sold by the developer: AED 841 per sqft for 1,625 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 127,500 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since February 2018.

How big is unit 1505?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 15th floor of a 37-storey tower completed in 2009.

What is unit 1505 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 1505, V3 Tower

Starts from the last sale price (AED 1.37M, 30 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,203
Deposit, UAE resident (20%)
AED 273,641
Deposit, non-resident (40%)
AED 547,281
Monthly over 25 years at 3.7%
AED 5,598

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