2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 22nd floor · completed 2009

2205, V3 Tower

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

Unit 2205 · DLD and Ejari recordsUpdated 25 February 2022
Last soldAED 1.6M21 August 2013
Current rentAED 95K /yr25 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, V3 Tower

What is 2205 worth today?

Last sold for AED 1,600,000 in 2013

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25 Feb 2022RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
24 May 2021RentedNew contract
AED 88,000/yr12 months · AED 54 per sqft
20 Apr 2017RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
11 Apr 2014RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
21 Aug 2013SoldReady
AED 1,600,000AED 984 per sqft
20 Apr 2010Sold by developerReady
AED 1,280,314AED 787 per sqft

Source: Dubai Land Department. Updated 25 February 2022.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
22nd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.6M · August 2013
Building
V3 Tower

About 2205, V3 Tower

2205 is a two-bedroom apartment of 1,625 sqft on the 22nd 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 21 August 2013 for AED 1,600,000, or AED 984 per sqft, 31% above the AED 754 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 25 February 2022, is AED 95,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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 1,280,314 (AED 787 per sqft)Sold, August 2013: AED 1,600,000 (AED 984 per sqft)

2205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2205, 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, April 2014: AED 130,000 a yearNew contract, April 2017: AED 125,000 a yearNew contract, May 2021: AED 88,000 a yearNew contract, February 2022: AED 95,000 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 2205 sits

All 126 2-beds →

2205 last sold in August 2013 at AED 984 per sqft, 31% above what two-beds in V3 Tower were fetching at the time (AED 754). 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. 2205's AED 95,000 is in the lower half 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 22nd floor

All 328 units in V3 Tower
Value
22012-bedAED 1.17M · Dec 2016
22021-bedAED 589K · Jul 2010
22031-bedAED 890K · Jul 2024
22041-bedAED 1.1M · Sep 2026
22062-bedAED 2.3M · Jul 2026
22071-bedAED 975K · Feb 2025
22081-bedAED 850K · Jun 2013
1–7 of 9

2205, V3 Tower in numbers

  • Sold twice: first on 20 April 2010 for AED 1,280,314, last on 21 August 2013 for AED 1,600,000 (AED 984 per sqft).
  • Rented since April 2014 on 4 Ejari contracts, from AED 130,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2013 price is 5.9%, 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 25 February 2022.

Questions about 2205, V3 Tower

What did unit 2205 last sell for?

AED 1,600,000 on 21 August 2013: AED 984 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,280,314 in April 2010.

What is the rent for unit 2205?

AED 95,000 a year on the contract signed on 25 February 2022. The previous contract, from May 2021, was AED 88,000; the unit has been rented since April 2014.

How big is unit 2205?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 22nd floor of a 37-storey tower completed in 2009.

What is unit 2205 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 2205, V3 Tower

Starts from the last sale price (AED 1.6M, 21 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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