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

1707, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 567K19 April 2010
Current rentAED 58K /yr25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, V3 Tower

What is 1707 worth today?

Last sold for AED 566,793 in 2010

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25 Feb 2020RentedRenewal
AED 58,000/yr12 months · AED 72 per sqft
25 Feb 2019RentedNew contract
AED 67,000/yr12 months · AED 83 per sqft
25 Feb 2013RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
19 Apr 2010Sold by developerReady
AED 566,793AED 699 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

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 567K · April 2010
Building
V3 Tower

About 1707, V3 Tower

1707 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 566,793, or AED 699 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 25 February 2020, is AED 58,000 a year: a gross yield of 10.2% on the 2010 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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 566,793 (AED 699 per sqft)

1707 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical 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, February 2013: AED 57,000 a yearNew contract, February 2019: AED 67,000 a yearRenewal, February 2020: AED 58,000 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 1707 sits

All 162 1-beds →

1707 last sold in April 2010 at AED 699 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. 1707's AED 58,000 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
17041-bedAED 584K · Apr 2010
17052-bedAED 2.19M · Dec 2025
17062-bedAED 1.36M · Feb 2013
17081-bedAED 995K · Oct 2016
1–7 of 9

1707, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 19 April 2010 for AED 566,793, or AED 699 per sqft.
  • Rented since February 2013 on 3 Ejari contracts, from AED 57,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2010 price is 10.2%, 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 25 February 2020.

Questions about 1707, V3 Tower

What did unit 1707 last sell for?

AED 566,793 on 19 April 2010, sold by the developer: AED 699 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 58,000 a year on the contract renewed on 25 February 2020. The previous contract, from February 2019, was AED 67,000; the unit has been rented since February 2013.

How big is unit 1707?

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

What is unit 1707 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 1707, V3 Tower

Starts from the last sale price (AED 567K, 19 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 566,793
Deposit, UAE resident (20%)
AED 113,359
Deposit, non-resident (40%)
AED 226,717
Monthly over 25 years at 3.7%
AED 2,319

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