2-bed · 1,348 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 21st floor · completed 2009

2101, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 1.16M26 April 2010
Current rentAED 78K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, V3 Tower

What is 2101 worth today?

Last sold for AED 1,163,855 in 2010

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1 Feb 2020RentedNew contract
AED 78,000/yr12 months · AED 58 per sqft
22 Dec 2018RentedRenewal
AED 84,000/yr12 months · AED 62 per sqft
22 Sep 2017RentedRenewal
AED 90,000/yr15 months · AED 67 per sqft
22 Sep 2016RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
26 Apr 2010Sold by developerReady
AED 1,163,855AED 863 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
21st of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,800 /yr
Last sold
AED 1.16M · April 2010
Building
V3 Tower

About 2101, V3 Tower

2101 is a two-bedroom apartment of 1,348 sqft on the 21st 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 April 2010 for AED 1,163,855, or AED 863 per sqft, 11% above the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 February 2020, is AED 78,000 a year: a gross yield of 6.7% on the 2010 price, before the service charge of about AED 16,800 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, 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 2010: AED 1,163,855 (AED 863 per sqft)

2101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, 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 120,000New contract, September 2016: AED 115,000 a yearRenewal, September 2017: AED 90,000 a yearRenewal, December 2018: AED 84,000 a yearNew contract, February 2020: AED 78,000 a year

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 2101 sits

All 126 2-beds →

2101 last sold in April 2010 at AED 863 per sqft, 11% above what two-beds in V3 Tower were fetching at the time (AED 778). 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. 2101's AED 78,000 is at the bottom of that range.

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 21st floor

All 328 units in V3 Tower
Value
21021-bedAED 587K · Jul 2010
21031-bedAED 815K · Apr 2022
21041-bedAED 591K · Apr 2010
21052-bedAED 2.1M · Jul 2026
21062-bedAED 1.4M · Feb 2022
21071-bedAED 1.08M · Dec 2014
21081-bedAED 765K · Dec 2021
1–7 of 9

2101, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 April 2010 for AED 1,163,855, or AED 863 per sqft.
  • Rented since September 2016 on 4 Ejari contracts, from AED 115,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2010 price is 6.7%, before a service charge of about AED 16,800 a year (AED 12.46 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 1 February 2020.

Questions about 2101, V3 Tower

What did unit 2101 last sell for?

AED 1,163,855 on 26 April 2010, sold by the developer: AED 863 per sqft for 1,348 sqft. It is the only registered sale of the unit.

What is the rent for unit 2101?

AED 78,000 a year on the contract signed on 1 February 2020. The previous contract, from December 2018, was AED 84,000; the unit has been rented since September 2016.

How big is unit 2101?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 21st floor of a 37-storey tower completed in 2009.

What is unit 2101 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 2101, V3 Tower

Starts from the last sale price (AED 1.16M, 26 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,163,855
Deposit, UAE resident (20%)
AED 232,771
Deposit, non-resident (40%)
AED 465,542
Monthly over 25 years at 3.7%
AED 4,762

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