1-bed · 846 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 2nd floor · completed 2009

203, V3 Tower

Sold prices and rental history: sold 3 times, last in September 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.15M24 September 2014
Current rentAED 50K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, V3 Tower

What is 203 worth today?

Last sold for AED 1,150,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
1 Jun 2023RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
24 Sep 2014SoldReady
AED 1,150,000AED 1,359 per sqft
1 Aug 2013RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
20 Nov 2011SoldReady
AED 550,000AED 650 per sqft
20 Apr 2010Sold by developerReady
AED 566,076AED 669 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
2nd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 1.15M · September 2014
Building
V3 Tower

About 203, V3 Tower

203 is a one-bedroom apartment of 846 sqft on the 2nd 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 September 2014 for AED 1,150,000, or AED 1,359 per sqft, 7% above the AED 1,271 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 50,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 10,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in V3 Tower
500K1M2010201520202025Typical 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, April 2010: AED 566,076 (AED 669 per sqft)Sold, November 2011: AED 550,000 (AED 650 per sqft)Sold, September 2014: AED 1,150,000 (AED 1,359 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical 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, August 2013: AED 65,000 a yearNew contract, June 2023: AED 50,000 a yearRenewal, June 2024: AED 50,000 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 203 sits

All 162 1-beds →

203 last sold in September 2014 at AED 1,359 per sqft, 7% above what one-beds in V3 Tower were fetching at the time (AED 1,271). 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. 203's AED 50,000 is at the bottom 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 2nd floor

All 328 units in V3 Tower
Value
2012-bedAED 925K · May 2014
2021-bedAED 555K · Apr 2010
2041-bedAED 558K · Jun 2010
2052-bedAED 2.1M · Aug 2025
2062-bedAED 1.29M · Jul 2010
2071-bedAED 541K · Jul 2010
2081-bedAED 549K · Dec 2019
1–7 of 9

203, V3 Tower in numbers

  • Sold 3 times: first on 20 April 2010 for AED 566,076, last on 24 September 2014 for AED 1,150,000 (AED 1,359 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 65,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 4.3%, 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 1 June 2024.

Questions about 203, V3 Tower

What did unit 203 last sell for?

AED 1,150,000 on 24 September 2014: AED 1,359 per sqft for 846 sqft. The unit has 3 registered sales; the first was AED 566,076 in April 2010.

What is the rent for unit 203?

AED 50,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 50,000; the unit has been rented since August 2013.

How big is unit 203?

846 sqft (78.6 sqm): a one-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2009.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, V3 Tower

Starts from the last sale price (AED 1.15M, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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