2002, V3 Tower
Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, V3 Tower
What is 2002 worth today?
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Source: Dubai Land Department. Updated 15 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 20th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 730K · February 2013
- Building
- V3 Tower
About 2002, V3 Tower
2002 is a one-bedroom apartment of 806 sqft on the 20th 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 26 February 2013 for AED 730,000, or AED 905 per sqft, 20% above the AED 752 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 August 2020, is AED 40,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 10,000 a year.
Sales and rents for 2002 over time
2002 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 2002 sits
All 162 1-beds →2002 last sold in February 2013 at AED 905 per sqft, 20% above what one-beds in V3 Tower were fetching at the time (AED 752). 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. 2002's AED 40,000 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 20th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,348 sqft | AED 1.2MAED 1,200,000 · Feb 2013February 2013 | 75,000 /yr | |
| 2003 | 1-bed | 846 sqft | AED 660KAED 659,911 · Jul 2010July 2010 | 85,000 /yr | |
| 2004 | 1-bed | 811 sqft | AED 950KAED 950,000 · Jun 2026June 2026 | 66,550 /yr | |
| 2005 | 2-bed | 1,625 sqft | AED 1.02MAED 1,023,964 · Apr 2011April 2011 | ||
| 2006 | 2-bed | 1,625 sqft | AED 1.03MAED 1,030,000 · Apr 2016April 2016 | 90,000 /yr | |
| 2007 | 1-bed | 811 sqft | AED 567KAED 567,364 · Jul 2010July 2010 | 70,000 /yr | |
| 2008 | 1-bed | 846 sqft | AED 720KAED 720,000 · Jul 2020July 2020 | 55,000 /yr | |
| 2009 | 1-bed | 805 sqft | AED 945KAED 945,000 · Feb 2025February 2025 | 72,000 /yr | |
| 2010 | 2-bed | 1,310 sqft | AED 819KAED 818,725 · Jun 2011June 2011 | 120,000 /yr |
2002, V3 Tower in numbers
- Sold twice: first on 12 April 2011 for AED 540,020, last on 26 February 2013 for AED 730,000 (AED 905 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 62,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2013 price is 5.5%, 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 15 August 2020.
Questions about 2002, V3 Tower
What did unit 2002 last sell for?
AED 730,000 on 26 February 2013: AED 905 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 540,020 in April 2011.
What is the rent for unit 2002?
AED 40,000 a year on the contract signed on 15 August 2020. The previous contract, from July 2018, was AED 70,308; the unit has been rented since July 2013.
How big is unit 2002?
806 sqft (74.9 sqm): a one-bedroom apartment on the 20th floor of a 37-storey tower completed in 2009.
What is unit 2002 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 2002, V3 Tower
Starts from the last sale price (AED 730K, 26 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 730,000
- Deposit, UAE resident (20%)
- AED 146,000
- Deposit, non-resident (40%)
- AED 292,000
- Monthly over 25 years at 3.7%
- AED 2,987
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →