2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 21st floor · completed 2009

2106, V3 Tower

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2106 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 1.4M1 February 2022
Current rentAED 75K /yr12 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2106, V3 Tower

What is 2106 worth today?

Last sold for AED 1,400,000 in 2022

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1 Feb 2022SoldReady
AED 1,400,000AED 861 per sqft
12 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
12 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
10 Dec 2018RentedRenewal
AED 108,000/yr12 months · AED 66 per sqft
10 Dec 2016RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
1 Dec 2015RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
1 Dec 2014RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
1 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
21st of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.4M · February 2022
Building
V3 Tower

About 2106, V3 Tower

2106 is a two-bedroom apartment of 1,625 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. It last sold on 1 February 2022 for AED 1,400,000, or AED 861 per sqft, 12% above the AED 766 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 12 March 2021, is AED 75,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2106 over time

Sales
Unit 2106, 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, June 2010: AED 1,372,274 (AED 844 per sqft)Sold, February 2022: AED 1,400,000 (AED 861 per sqft)

2106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2106, 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, December 2013: AED 130,000 a yearNew contract, December 2014: AED 130,000 a yearRenewal, December 2015: AED 130,000 a yearNew contract, December 2016: AED 125,000 a yearRenewal, December 2018: AED 108,000 a yearNew contract, March 2020: AED 80,000 a yearRenewal, March 2021: AED 75,000 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 2106 sits

All 126 2-beds →

2106 last sold in February 2022 at AED 861 per sqft, 12% above what two-beds in V3 Tower were fetching at the time (AED 766). 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. 2106's AED 75,000 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
21012-bedAED 1.16M · Apr 2010
21021-bedAED 587K · Jul 2010
21031-bedAED 815K · Apr 2022
21041-bedAED 591K · Apr 2010
21052-bedAED 2.1M · Jul 2026
21071-bedAED 1.08M · Dec 2014
21081-bedAED 765K · Dec 2021
1–7 of 9

2106, V3 Tower in numbers

  • Sold twice: first on 30 June 2010 for AED 1,372,274, last on 1 February 2022 for AED 1,400,000 (AED 861 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 130,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 20,300 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 2022.

Questions about 2106, V3 Tower

What did unit 2106 last sell for?

AED 1,400,000 on 1 February 2022: AED 861 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,372,274 in June 2010.

What is the rent for unit 2106?

AED 75,000 a year on the contract renewed on 12 March 2021. The previous contract, from March 2020, was AED 80,000; the unit has been rented since December 2013.

How big is unit 2106?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 21st floor of a 37-storey tower completed in 2009.

What is unit 2106 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 2106, V3 Tower

Starts from the last sale price (AED 1.4M, 1 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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