1606, V3 Tower
Sold prices and rental history: sold 3 times, last in December 2016, 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 1606, V3 Tower
What is 1606 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 June 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 1.75M · December 2016
- Building
- V3 Tower
About 1606, V3 Tower
1606 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. It last sold on 19 December 2016 for AED 1,750,000, or AED 1,076 per sqft, 4% above the AED 1,036 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 152,500 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1606 over time
1606 has sold 3 times; 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 1606 sits
All 126 2-beds →1606 last sold in December 2016 at AED 1,076 per sqft, 4% above what two-beds in V3 Tower were fetching at the time (AED 1,036). 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. 1606's AED 152,500 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 | |
| 1605 | 2-bed | 1,625 sqft | AED 1.37MAED 1,372,274 · Mar 2013March 2013 | 150,000 /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 |
1606, V3 Tower in numbers
- Sold 3 times: first on 13 November 2011 for AED 503,855, last on 19 December 2016 for AED 1,750,000 (AED 1,076 per sqft).
- Rented since December 2013 on 6 Ejari contracts, from AED 120,000 to AED 152,500 a year.
- At AED 152,500 a year the gross yield on the 2016 price is 8.7%, 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 5 June 2026.
Questions about 1606, V3 Tower
What did unit 1606 last sell for?
AED 1,750,000 on 19 December 2016: AED 1,076 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 503,855 in November 2011.
What is the rent for unit 1606?
AED 152,500 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 145,000; the unit has been rented since December 2013.
How big is unit 1606?
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 1606 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.
Selling 1606? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1606, V3 Tower
Starts from the last sale price (AED 1.75M, 19 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →