1902, V3 Tower
Sold prices and rental history: sold twice, last in February 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1902, V3 Tower
What is 1902 worth today?
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Source: Dubai Land Department. Updated 29 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 19th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1M · February 2016
- Building
- V3 Tower
About 1902, V3 Tower
1902 is a one-bedroom apartment of 806 sqft on the 19th 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 24 February 2016 for AED 1,000,000, or AED 1,240 per sqft, in line with the AED 1,240 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 29 December 2021, is AED 45,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1902 over time
1902 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 1902 sits
All 162 1-beds →1902 last sold in February 2016 at AED 1,240 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 1,240). 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. 1902's AED 45,000 is at the bottom 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 19th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,348 sqft | AED 1.54MAED 1,540,000 · Nov 2016November 2016 | 120,000 /yr | |
| 1903 | 1-bed | 846 sqft | AED 630KAED 630,000 · Feb 2012February 2012 | ||
| 1904 | 1-bed | 811 sqft | AED 587KAED 587,218 · Apr 2010April 2010 | 24,000 /yr | |
| 1905 | 2-bed | 1,625 sqft | AED 1.9MAED 1,900,000 · Jun 2015June 2015 | 125,000 /yr | |
| 1906 | 2-bed | 1,625 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 104,000 /yr | |
| 1907 | 1-bed | 811 sqft | AED 970KAED 970,000 · Oct 2026October 2026 | 75,000 /yr | |
| 1908 | 1-bed | 846 sqft | AED 845KAED 845,000 · Jun 2023June 2023 | 84,000 /yr | |
| 1909 | 1-bed | 805 sqft | AED 920KAED 920,000 · Jul 2013July 2013 | 70,000 /yr | |
| 1910 | 2-bed | 1,310 sqft | AED 600KAED 600,000 · May 2018May 2018 | 108,000 /yr |
1902, V3 Tower in numbers
- Sold twice: first on 19 April 2010 for AED 583,492, last on 24 February 2016 for AED 1,000,000 (AED 1,240 per sqft).
- Rented since October 2012 on 5 Ejari contracts. The rent fell from AED 47,000 to AED 40,000 in 2020 and recovered to AED 45,000 by December 2021.
- At AED 45,000 a year the gross yield on the 2016 price is 4.5%, 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 29 December 2021.
Questions about 1902, V3 Tower
What did unit 1902 last sell for?
AED 1,000,000 on 24 February 2016: AED 1,240 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 583,492 in April 2010.
What is the rent for unit 1902?
AED 45,000 a year on the contract renewed on 29 December 2021. The previous contract, from December 2020, was AED 40,000; the unit has been rented since October 2012.
How big is unit 1902?
806 sqft (74.9 sqm): a one-bedroom apartment on the 19th floor of a 37-storey tower completed in 2009.
What is unit 1902 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 1902, V3 Tower
Starts from the last sale price (AED 1M, 24 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →