1702, V3 Tower
Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, V3 Tower
What is 1702 worth today?
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Source: Dubai Land Department. Updated 3 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 17th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 800K · May 2018
- Building
- V3 Tower
About 1702, V3 Tower
1702 is a one-bedroom apartment of 806 sqft on the 17th 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 23 May 2018 for AED 800,000, or AED 992 per sqft, 11% below the AED 1,110 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, signed on 3 February 2025, is AED 78,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1702 over time
1702 has sold twice; 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 1702 sits
All 162 1-beds →1702 last sold in May 2018 at AED 992 per sqft, 11% below what one-beds in V3 Tower were fetching at the time (AED 1,110). 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. 1702's AED 78,000 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 17th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,348 sqft | AED 1.24MAED 1,240,000 · Sep 2018September 2018 | 130,000 /yr | |
| 1703 | 1-bed | 846 sqft | AED 592KAED 591,963 · Apr 2010April 2010 | 87,000 /yr | |
| 1704 | 1-bed | 811 sqft | AED 584KAED 583,813 · Apr 2010April 2010 | 65,000 /yr | |
| 1705 | 2-bed | 1,625 sqft | AED 2.19MAED 2,190,000 · Dec 2025December 2025 | 134,999 /yr | |
| 1706 | 2-bed | 1,625 sqft | AED 1.36MAED 1,360,000 · Feb 2013February 2013 | 136,000 /yr | |
| 1707 | 1-bed | 811 sqft | AED 567KAED 566,793 · Apr 2010April 2010 | 58,000 /yr | |
| 1708 | 1-bed | 846 sqft | AED 995KAED 995,000 · Oct 2016October 2016 | 65,000 /yr | |
| 1709 | 1-bed | 805 sqft | AED 1MAED 1,000,000 · Nov 2016November 2016 | 68,000 /yr | |
| 1710 | 2-bed | 1,310 sqft | AED 1.12MAED 1,116,654 · Apr 2010April 2010 | 100,000 /yr |
1702, V3 Tower in numbers
- Sold twice: first on 19 April 2010 for AED 580,109, last on 23 May 2018 for AED 800,000 (AED 992 per sqft).
- Rented since December 2011 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2020 and recovered to AED 78,000 by February 2025.
- At AED 78,000 a year the gross yield on the 2018 price is 9.8%, 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 3 February 2025.
Questions about 1702, V3 Tower
What did unit 1702 last sell for?
AED 800,000 on 23 May 2018: AED 992 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 580,109 in April 2010.
What is the rent for unit 1702?
AED 78,000 a year on the contract signed on 3 February 2025. The previous contract, from February 2025, was AED 78,000; the unit has been rented since December 2011.
How big is unit 1702?
806 sqft (74.9 sqm): a one-bedroom apartment on the 17th floor of a 37-storey tower completed in 2009.
What is unit 1702 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 1702, V3 Tower
Starts from the last sale price (AED 800K, 23 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →