2305, V3 Tower
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, V3 Tower
What is 2305 worth today?
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Source: Dubai Land Department. Updated 7 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 23rd of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.32M · June 2022
- Building
- V3 Tower
About 2305, V3 Tower
2305 is a two-bedroom apartment of 1,625 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 7 June 2022 for AED 1,320,000, or AED 812 per sqft, 5% below the AED 853 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 December 2018, is AED 115,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2305 over time
2305 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2305 sits
All 126 2-beds →2305 last sold in June 2022 at AED 812 per sqft, 5% below what two-beds in V3 Tower were fetching at the time (AED 853). 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. 2305's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
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 | |
| 2302 | 1-bed | 806 sqft | AED 915KAED 915,000 · Jul 2023July 2023 | 55,000 /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 | |
| 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 |
2305, V3 Tower in numbers
- Sold twice: first on 20 April 2010 for AED 1,167,316, last on 7 June 2022 for AED 1,320,000 (AED 812 per sqft).
- Rented since January 2014 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 63,000 in 2015 and recovered to AED 115,000 by December 2018.
- At AED 115,000 a year the gross yield on the 2022 price is 8.7%, 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 7 June 2022.
Questions about 2305, V3 Tower
What did unit 2305 last sell for?
AED 1,320,000 on 7 June 2022: AED 812 per sqft for 1,625 sqft. The unit has 2 registered sales; the first was AED 1,167,316 in April 2010.
What is the rent for unit 2305?
AED 115,000 a year on the contract renewed on 10 December 2018. The previous contract, from December 2017, was AED 115,000; the unit has been rented since January 2014.
How big is unit 2305?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 23rd floor of a 37-storey tower completed in 2009.
What is unit 2305 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 2305, V3 Tower
Starts from the last sale price (AED 1.32M, 7 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,000
- Deposit, UAE resident (20%)
- AED 264,000
- Deposit, non-resident (40%)
- AED 528,000
- Monthly over 25 years at 3.7%
- AED 5,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →