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2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 20th floor · completed 2009

2005, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 12 April 2011
Last soldAED 1.02M12 April 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2005, V3 Tower

What is 2005 worth today?

Last sold for AED 1,023,964 in 2011

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12 Apr 2011Sold by developerReady
AED 1,023,964AED 629 per sqft

Source: Dubai Land Department. Updated 12 April 2011.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
20th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.02M · April 2011
Building
V3 Tower

About 2005, V3 Tower

2005 is a two-bedroom apartment of 1,625 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. The developer sold it on 12 April 2011 for AED 1,023,964, or AED 629 per sqft, 20% below the AED 787 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, April 2011: AED 1,023,964 (AED 629 per sqft)

2005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2005, 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 120,000

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 2005 sits

All 126 2-beds →

2005 last sold in April 2011 at AED 629 per sqft, 20% below what two-beds in V3 Tower were fetching at the time (AED 787). 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.

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 20th floor

All 328 units in V3 Tower
Value
20012-bedAED 1.2M · Feb 2013
20021-bedAED 730K · Feb 2013
20031-bedAED 660K · Jul 2010
20041-bedAED 950K · Jun 2026
20062-bedAED 1.03M · Apr 2016
20071-bedAED 567K · Jul 2010
20081-bedAED 720K · Jul 2020
1–7 of 9

2005, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 12 April 2011 for AED 1,023,964, or AED 629 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 12 April 2011.

Questions about 2005, V3 Tower

What did unit 2005 last sell for?

AED 1,023,964 on 12 April 2011, sold by the developer: AED 629 per sqft for 1,625 sqft. It is the only registered sale of the unit.

How big is unit 2005?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 20th floor of a 37-storey tower completed in 2009.

What is unit 2005 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 2005, V3 Tower

Starts from the last sale price (AED 1.02M, 12 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,023,964
Deposit, UAE resident (20%)
AED 204,793
Deposit, non-resident (40%)
AED 409,586
Monthly over 25 years at 3.7%
AED 4,189

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