2302, V3 Tower
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2302, V3 Tower
What is 2302 worth today?
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Source: Dubai Land Department. Updated 5 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 23rd of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 915K · July 2023
- Building
- V3 Tower
About 2302, V3 Tower
2302 is a one-bedroom apartment of 806 sqft on the 23rd 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 5 July 2023 for AED 915,000, or AED 1,134 per sqft, 16% above the AED 980 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 8 March 2021, is AED 55,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 10,000 a year.
Sales and rents for 2302 over time
2302 has sold twice; 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 2302 sits
All 162 1-beds →2302 last sold in July 2023 at AED 1,134 per sqft, 16% above what one-beds in V3 Tower were fetching at the time (AED 980). 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. 2302's AED 55,000 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 23rd floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 674 sqft | AED 700KAED 700,000 · Mar 2024March 2024 | 120,000 /yr | |
| 2303 | 1-bed | 846 sqft | AED 602KAED 602,318 · Apr 2010April 2010 | 78,000 /yr | |
| 2304 | 1-bed | 811 sqft | AED 911KAED 911,000 · Jul 2013July 2013 | 75,000 /yr | |
| 2305 | 2-bed | 1,625 sqft | AED 1.32MAED 1,320,000 · Jun 2022June 2022 | 115,000 /yr | |
| 2306 | 2-bed | 1,625 sqft | AED 1.36MAED 1,355,000 · Oct 2018October 2018 | ||
| 2307 | 1-bed | 811 sqft | AED 605KAED 605,000 · Oct 2020October 2020 | 68,000 /yr | |
| 2308 | 1-bed | 846 sqft | AED 585KAED 585,060 · Apr 2010April 2010 | 87,000 /yr | |
| 2309 | 1-bed | 805 sqft | AED 631KAED 630,678 · Apr 2010April 2010 | 80,000 /yr | |
| 2310 | 2-bed | 1,310 sqft | AED 1.15MAED 1,150,000 · Mar 2022March 2022 | 68,000 /yr |
2302, V3 Tower in numbers
- Sold twice: first on 7 October 2013 for AED 590,257, last on 5 July 2023 for AED 915,000 (AED 1,134 per sqft).
- Rented since March 2017 on 5 Ejari contracts, from AED 90,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 10,000 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 July 2023.
Questions about 2302, V3 Tower
What did unit 2302 last sell for?
AED 915,000 on 5 July 2023: AED 1,134 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 590,257 in October 2013.
What is the rent for unit 2302?
AED 55,000 a year on the contract renewed on 8 March 2021. The previous contract, from March 2020, was AED 64,000; the unit has been rented since March 2017.
How big is unit 2302?
806 sqft (74.9 sqm): a one-bedroom apartment on the 23rd floor of a 37-storey tower completed in 2009.
What is unit 2302 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 2302, V3 Tower
Starts from the last sale price (AED 915K, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 915,000
- Deposit, UAE resident (20%)
- AED 183,000
- Deposit, non-resident (40%)
- AED 366,000
- Monthly over 25 years at 3.7%
- AED 3,744
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →