1604, V3 Tower
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, V3 Tower
What is 1604 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 16th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 970K · November 2024
- Building
- V3 Tower
About 1604, V3 Tower
1604 is a one-bedroom apartment of 811 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 26 November 2024 for AED 970,000, or AED 1,196 per sqft, in line with the AED 1,164 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 75,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 162 1-beds →1604 last sold in November 2024 at AED 1,196 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 1,164). 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. 1604's AED 75,000 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 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 | |
| 1603 | 1-bed | 846 sqft | AED 1.16MAED 1,160,000 · Aug 2025August 2025 | 62,370 /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 |
1604, V3 Tower in numbers
- Sold 4 times: first on 20 April 2010 for AED 582,111, last on 26 November 2024 for AED 970,000 (AED 1,196 per sqft).
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 74,000 to AED 50,000 in 2021 and recovered to AED 75,000 by March 2026.
- At AED 75,000 a year the gross yield on the 2024 price is 7.7%, 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 2026.
Questions about 1604, V3 Tower
What did unit 1604 last sell for?
AED 970,000 on 26 November 2024: AED 1,196 per sqft for 811 sqft. The unit has 4 registered sales; the first was AED 582,111 in April 2010.
What is the rent for unit 1604?
AED 75,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 85,000; the unit has been rented since August 2017.
How big is unit 1604?
811 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2009.
What is unit 1604 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 1604, V3 Tower
Starts from the last sale price (AED 970K, 26 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →