1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 17th floor · completed 2009

1704, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 584K19 April 2010
Current rentAED 65K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, V3 Tower

What is 1704 worth today?

Last sold for AED 583,813 in 2010

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7 Jul 2026RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
20 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
20 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
1 Apr 2024RentedRenewal
AED 54,120/yr12 months · AED 67 per sqft
1 Apr 2023RentedNew contract
AED 49,200/yr12 months · AED 61 per sqft
1 Mar 2022RentedRenewal
AED 41,000/yr12 months · AED 51 per sqft
1 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 46 per sqft
5 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
17th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 584K · April 2010
Building
V3 Tower

About 1704, V3 Tower

1704 is a one-bedroom apartment of 811 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. The developer sold it on 19 April 2010 for AED 583,813, or AED 720 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 7 July 2026, is AED 65,000 a year: a gross yield of 11.1% on the 2010 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in V3 Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 572,979; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 735,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 1,050,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 995,000; 2026 AED 1,037,500Sold by developer, April 2010: AED 583,813 (AED 720 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in V3 Tower
50K75K2012201620202024Typical rent by year: 2012 AED 52,750; 2013 AED 64,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,250; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 63,750; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 75,000New contract, April 2012: AED 50,000 a yearNew contract, June 2019: AED 55,000 a yearRenewal, June 2020: AED 50,000 a yearNew contract, March 2021: AED 37,000 a yearRenewal, March 2022: AED 41,000 a yearNew contract, April 2023: AED 49,200 a yearRenewal, April 2024: AED 54,120 a yearNew contract, March 2025: AED 65,000 a yearNew contract, March 2025: AED 65,000 a yearNew contract, July 2026: AED 65,000 a year

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 1704 sits

All 162 1-beds →

1704 last sold in April 2010 at AED 720 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 702). 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. 1704's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026970,000
11 Sep 20261,100,000
1 Jun 2026950,000
10 Mar 20261,000,000
7 1-bed sales in the last 12 months

V3 Tower

Building

328 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%
V3 Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 17th floor

All 328 units in V3 Tower
Value
17012-bedAED 1.24M · Sep 2018
17021-bedAED 800K · May 2018
17031-bedAED 592K · Apr 2010
17052-bedAED 2.19M · Dec 2025
17062-bedAED 1.36M · Feb 2013
17071-bedAED 567K · Apr 2010
17081-bedAED 995K · Oct 2016
1–7 of 9

1704, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 19 April 2010 for AED 583,813, or AED 720 per sqft.
  • Rented since April 2012 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2021 and recovered to AED 65,000 by July 2026.
  • At AED 65,000 a year the gross yield on the 2010 price is 11.1%, 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 7 July 2026.

Questions about 1704, V3 Tower

What did unit 1704 last sell for?

AED 583,813 on 19 April 2010, sold by the developer: AED 720 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 65,000 a year on the contract signed on 7 July 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since April 2012.

How big is unit 1704?

811 sqft (75.3 sqm): a one-bedroom apartment on the 17th floor of a 37-storey tower completed in 2009.

What is unit 1704 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 1704, V3 Tower

Starts from the last sale price (AED 584K, 19 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 583,813
Deposit, UAE resident (20%)
AED 116,763
Deposit, non-resident (40%)
AED 233,525
Monthly over 25 years at 3.7%
AED 2,389

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →