2007, V3 Tower
Sold prices and rental history: sold once, by the developer in July 2010, 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 2007, V3 Tower
What is 2007 worth today?
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Source: Dubai Land Department. Updated 5 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 20th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 567K · July 2010
- Building
- V3 Tower
About 2007, V3 Tower
2007 is a one-bedroom apartment of 811 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 26 July 2010 for AED 567,364, or AED 699 per sqft, in line with the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 5 September 2023, is AED 70,000 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 10,100 a year.
Sales and rents for 2007 over time
2007 has sold once; 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 2007 sits
All 162 1-beds →2007 last sold in July 2010 at AED 699 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 699). 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. 2007's AED 70,000 is in the lower half 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 | |
| 2002 | 1-bed | 806 sqft | AED 730KAED 730,000 · Feb 2013February 2013 | 40,000 /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 | |
| 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 |
2007, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 July 2010 for AED 567,364, or AED 699 per sqft.
- Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 70,000 by September 2023.
- At AED 70,000 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 10,100 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 5 September 2023.
Questions about 2007, V3 Tower
What did unit 2007 last sell for?
AED 567,364 on 26 July 2010, sold by the developer: AED 699 per sqft for 811 sqft. It is the only registered sale of the unit.
What is the rent for unit 2007?
AED 70,000 a year on the contract signed on 5 September 2023. The previous contract, from August 2022, was AED 51,750; the unit has been rented since June 2013.
How big is unit 2007?
811 sqft (75.3 sqm): a one-bedroom apartment on the 20th floor of a 37-storey tower completed in 2009.
What is unit 2007 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 2007, V3 Tower
Starts from the last sale price (AED 567K, 26 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 567,364
- Deposit, UAE resident (20%)
- AED 113,473
- Deposit, non-resident (40%)
- AED 226,946
- Monthly over 25 years at 3.7%
- AED 2,321
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →