1605, V3 Tower
Sold prices and rental history: sold once, by the developer in March 2013, 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 1605, V3 Tower
What is 1605 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 16th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.37M · March 2013
- Building
- V3 Tower
About 1605, V3 Tower
1605 is a two-bedroom apartment of 1,625 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. The developer sold it on 11 March 2013 for AED 1,372,274, or AED 844 per sqft, 17% above the AED 719 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 26 January 2026, is AED 150,000 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1605 over time
1605 has sold once; the dashed line is the two-bed median of each year in the building.
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 1605 sits
All 126 2-beds →1605 last sold in March 2013 at AED 844 per sqft, 17% above what two-beds in V3 Tower were fetching at the time (AED 719). 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. 1605's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
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 | |
| 1604 | 1-bed | 811 sqft | AED 970KAED 970,000 · Nov 2024November 2024 | 66,753 /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 |
1605, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 11 March 2013 for AED 1,372,274, or AED 844 per sqft.
- Rented since July 2014 on 13 Ejari contracts. The rent fell from AED 145,000 to AED 78,000 in 2020 and recovered to AED 150,000 by January 2026.
- At AED 150,000 a year the gross yield on the 2013 price is 10.9%, 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 26 January 2026.
Questions about 1605, V3 Tower
What did unit 1605 last sell for?
AED 1,372,274 on 11 March 2013, sold by the developer: AED 844 per sqft for 1,625 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 150,000 a year on the contract renewed on 26 January 2026. The previous contract, from January 2025, was AED 140,000; the unit has been rented since July 2014.
How big is unit 1605?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 16th floor of a 37-storey tower completed in 2009.
What is unit 1605 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 1605, V3 Tower
Starts from the last sale price (AED 1.37M, 11 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,372,274
- Deposit, UAE resident (20%)
- AED 274,455
- Deposit, non-resident (40%)
- AED 548,910
- Monthly over 25 years at 3.7%
- AED 5,614
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →