1609, V3 Tower
Sold prices and rental history: sold once, by the developer in September 2011, 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 1609, V3 Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 16th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 527K · September 2011
- Building
- V3 Tower
About 1609, V3 Tower
1609 is a one-bedroom apartment of 805 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 29 September 2011 for AED 526,500, or AED 653 per sqft, in line with the AED 651 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 90,000 a year: a gross yield of 17.1% on the 2011 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1609 over time
1609 has sold once; 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 1609 sits
All 162 1-beds →1609 last sold in September 2011 at AED 653 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 651). 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. 1609's AED 90,000 is in the upper 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 | |
| 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 | |
| 1610 | 2-bed | 1,310 sqft | AED 1.53MAED 1,525,000 · Aug 2015August 2015 | 96,000 /yr |
1609, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 29 September 2011 for AED 526,500, or AED 653 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 76,000 to AED 44,000 in 2021 and recovered to AED 90,000 by November 2025.
- At AED 90,000 a year the gross yield on the 2011 price is 17.1%, before a service charge of about AED 10,000 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 November 2025.
Questions about 1609, V3 Tower
What did unit 1609 last sell for?
AED 526,500 on 29 September 2011, sold by the developer: AED 653 per sqft for 805 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 90,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 85,000; the unit has been rented since July 2017.
How big is unit 1609?
805 sqft (74.8 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2009.
What is unit 1609 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 1609, V3 Tower
Starts from the last sale price (AED 527K, 29 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 526,500
- Deposit, UAE resident (20%)
- AED 105,300
- Deposit, non-resident (40%)
- AED 210,600
- Monthly over 25 years at 3.7%
- AED 2,154
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →