1-bed · 846 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 18th floor · completed 2009

1803, V3 Tower

Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 770K2 June 2013
Current rentAED 100K /yr25 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, V3 Tower

What is 1803 worth today?

Last sold for AED 770,000 in 2013

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25 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
1 Dec 2021RentedNew contract
AED 85,000/yr36 months · AED 100 per sqft
5 Mar 2021RentedRenewal
AED 85,000/yr36 months · AED 100 per sqft
5 Mar 2019RentedNew contract
AED 85,000/yr24 months · AED 100 per sqft
25 Mar 2016RentedNew contract
AED 85,000/yr24 months · AED 100 per sqft
2 Jun 2013SoldReady
AED 770,000AED 910 per sqft
17 Mar 2013Sold by developerReady
AED 593,689AED 701 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
18th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 770K · June 2013
Building
V3 Tower

About 1803, V3 Tower

1803 is a one-bedroom apartment of 846 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 2 June 2013 for AED 770,000, or AED 910 per sqft, 8% above the AED 839 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 September 2023, is AED 100,000 a year: a gross yield of 13.0% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, March 2013: AED 593,689 (AED 701 per sqft)Sold, June 2013: AED 770,000 (AED 910 per sqft)

1803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1803, each contractTypical one-bed in V3 Tower
50K75K100K2012201620202024Typical 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, March 2016: AED 85,000 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2021: AED 85,000 a yearNew contract, December 2021: AED 85,000 a yearNew contract, September 2023: AED 100,000 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 1803 sits

All 162 1-beds →

1803 last sold in June 2013 at AED 910 per sqft, 8% above what one-beds in V3 Tower were fetching at the time (AED 839). 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. 1803's AED 100,000 is in the upper 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 18th floor

All 328 units in V3 Tower
Value
18012-bedAED 1.5M · Sep 2019
18021-bedAED 650K · Aug 2012
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

1803, V3 Tower in numbers

  • Sold twice: first on 17 March 2013 for AED 593,689, last on 2 June 2013 for AED 770,000 (AED 910 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 13.0%, before a service charge of about AED 10,500 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 September 2023.

Questions about 1803, V3 Tower

What did unit 1803 last sell for?

AED 770,000 on 2 June 2013: AED 910 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 593,689 in March 2013.

What is the rent for unit 1803?

AED 100,000 a year on the contract signed on 25 September 2023. The previous contract, from December 2021, was AED 85,000; the unit has been rented since March 2016.

How big is unit 1803?

846 sqft (78.6 sqm): a one-bedroom apartment on the 18th floor of a 37-storey tower completed in 2009.

What is unit 1803 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 1803, V3 Tower

Starts from the last sale price (AED 770K, 2 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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