1603, V3 Tower
Sold prices and rental history: sold 4 times, last in August 2025, 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 1603, V3 Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 19 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 16th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.16M · August 2025
- Building
- V3 Tower
About 1603, V3 Tower
1603 is a one-bedroom apartment of 846 sqft on the 16th 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 19 August 2025 for AED 1,160,000, or AED 1,371 per sqft, 14% above the AED 1,199 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 6 June 2023, is AED 62,370 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 10,500 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 162 1-beds →1603 last sold in August 2025 at AED 1,371 per sqft, 14% above what one-beds in V3 Tower were fetching at the time (AED 1,199). 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. 1603's AED 62,370 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 16th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,348 sqft | AED 1.05MAED 1,051,494 · May 2011May 2011 | 115,000 /yr | |
| 1602 | 1-bed | 806 sqft | AED 1.05MAED 1,050,000 · Jul 2014July 2014 | 73,500 /yr | |
| 1604 | 1-bed | 811 sqft | AED 970KAED 970,000 · Nov 2024November 2024 | 66,753 /yr | |
| 1605 | 2-bed | 1,625 sqft | AED 1.37MAED 1,372,274 · Mar 2013March 2013 | 150,000 /yr | |
| 1606 | 2-bed | 1,625 sqft | AED 1.75MAED 1,750,000 · Dec 2016December 2016 | 152,500 /yr | |
| 1607 | 1-bed | 811 sqft | AED 500KAED 500,000 · Nov 2020November 2020 | 67,000 /yr | |
| 1608 | 1-bed | 846 sqft | AED 855KAED 855,000 · Jul 2023July 2023 | 70,189 /yr | |
| 1609 | 1-bed | 805 sqft | AED 527KAED 526,500 · Sep 2011September 2011 | 90,000 /yr | |
| 1610 | 2-bed | 1,310 sqft | AED 1.53MAED 1,525,000 · Aug 2015August 2015 | 96,000 /yr |
1603, V3 Tower in numbers
- Sold 4 times: first on 20 April 2010 for AED 590,237, last on 19 August 2025 for AED 1,160,000 (AED 1,371 per sqft).
- Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2020 and recovered to AED 62,370 by June 2023.
- At AED 62,370 a year the gross yield on the 2025 price is 5.4%, 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 19 August 2025.
Questions about 1603, V3 Tower
What did unit 1603 last sell for?
AED 1,160,000 on 19 August 2025: AED 1,371 per sqft for 846 sqft. The unit has 4 registered sales; the first was AED 590,237 in April 2010.
What is the rent for unit 1603?
AED 62,370 a year on the contract renewed on 6 June 2023. The previous contract, from December 2020, was AED 45,000; the unit has been rented since August 2013.
How big is unit 1603?
846 sqft (78.6 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2009.
What is unit 1603 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 1603, V3 Tower
Starts from the last sale price (AED 1.16M, 19 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →