2-bed · 1,348 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2009

1801, V3 Tower

Sold prices and rental history: sold 3 times, last in September 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1801 · DLD and Ejari recordsUpdated 11 November 2023
Last soldAED 1.5M11 September 2019
Current rentAED 129K /yr11 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1801, V3 Tower

What is 1801 worth today?

Last sold for AED 1,500,000 in 2019

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11 Nov 2023RentedNew contract
AED 129,000/yr12 months · AED 96 per sqft
20 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
15 Oct 2020RentedNew contract
AED 77,000/yr12 months · AED 57 per sqft
16 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
11 Sep 2019SoldReady
AED 1,500,000AED 1,113 per sqft
10 Dec 2018SoldReady
AED 650,000AED 482 per sqft
29 Jul 2018RentedRenewal
AED 105,000/yr12 months · AED 78 per sqft
29 Jul 2017RentedNew contract
AED 106,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 11 November 2023.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
18th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,800 /yr
Last sold
AED 1.5M · September 2019
Building
V3 Tower

About 1801, V3 Tower

1801 is a two-bedroom apartment of 1,348 sqft on the 18th 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 11 September 2019 for AED 1,500,000, or AED 1,113 per sqft, 49% above the AED 747 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 11 November 2023, is AED 129,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1801 over time

Sales
Unit 1801, each saleTypical two-bed in V3 Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,163,855; 2011 AED 916,662; 2012 AED 1,015,168; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000; 2026 AED 2,100,000Sold by developer, December 2012: AED 808,584 (AED 599 per sqft)Sold, December 2018: AED 650,000 (AED 482 per sqft)Sold, September 2019: AED 1,500,000 (AED 1,113 per sqft)

1801 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1801, each contractTypical two-bed in V3 Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 79,500; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 92,000; 2024 AED 115,000; 2025 AED 123,000; 2026 AED 120,000New contract, July 2016: AED 116,000 a yearNew contract, July 2017: AED 106,000 a yearRenewal, July 2018: AED 105,000 a yearNew contract, July 2020: AED 80,000 a yearNew contract, October 2020: AED 77,000 a yearNew contract, October 2022: AED 115,000 a yearNew contract, November 2023: AED 129,000 a year

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 1801 sits

All 126 2-beds →

1801 last sold in September 2019 at AED 1,113 per sqft, 49% above what two-beds in V3 Tower were fetching at the time (AED 747). 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. 1801's AED 129,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,100,000
24 Jul 20262,300,000
12 Jan 20261,400,000
11 Dec 20252,190,000
5 2-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 18th floor

All 328 units in V3 Tower
Value
18021-bedAED 650K · Aug 2012
18031-bedAED 770K · Jun 2013
18041-bedAED 586K · Apr 2010
18052-bedAED 2M · May 2025
18062-bedAED 600K · Dec 2012
18071-bedAED 568K · Apr 2010
18081-bedAED 576K · May 2010
1–7 of 9

1801, V3 Tower in numbers

  • Sold 3 times: first on 13 December 2012 for AED 808,584, last on 11 September 2019 for AED 1,500,000 (AED 1,113 per sqft).
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 116,000 to AED 77,000 in 2020 and recovered to AED 129,000 by November 2023.
  • At AED 129,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 16,800 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 11 November 2023.

Questions about 1801, V3 Tower

What did unit 1801 last sell for?

AED 1,500,000 on 11 September 2019: AED 1,113 per sqft for 1,348 sqft. The unit has 3 registered sales; the first was AED 808,584 in December 2012.

What is the rent for unit 1801?

AED 129,000 a year on the contract signed on 11 November 2023. The previous contract, from October 2022, was AED 115,000; the unit has been rented since July 2016.

How big is unit 1801?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 18th floor of a 37-storey tower completed in 2009.

What is unit 1801 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.

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Mortgage on 1801, V3 Tower

Starts from the last sale price (AED 1.5M, 11 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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