2-bed · 1,310 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 23rd floor · completed 2009

2310, V3 Tower

Sold prices and rental history: sold 4 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2310 · DLD and Ejari recordsUpdated 7 March 2022
Last soldAED 1.15M7 March 2022
Current rentAED 68K /yr21 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2310, V3 Tower

What is 2310 worth today?

Last sold for AED 1,150,000 in 2022

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7 Mar 2022SoldReady
AED 1,150,000AED 877 per sqft
21 May 2020RentedNew contract
AED 68,000/yr12 months · AED 52 per sqft
24 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
8 Jun 2018RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
8 Jun 2017RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
14 Jun 2016RentedNew contract
AED 117,000/yr12 months · AED 89 per sqft
1 Jun 2016SoldReady
AED 1,480,000AED 1,129 per sqft
1 Aug 2014RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 7 March 2022.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
23rd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,300 /yr
Last sold
AED 1.15M · March 2022
Building
V3 Tower

About 2310, V3 Tower

2310 is a two-bedroom apartment of 1,310 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 March 2022 for AED 1,150,000, or AED 877 per sqft, 3% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 May 2020, is AED 68,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2310 over time

Sales
Unit 2310, 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, August 2010: AED 1,136,188 (AED 867 per sqft)Sold, June 2011: AED 850,000 (AED 648 per sqft)Sold, June 2016: AED 1,480,000 (AED 1,129 per sqft)Sold, March 2022: AED 1,150,000 (AED 877 per sqft)

2310 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2310, each contractTypical two-bed in V3 Tower
50K100K2012201620202024Typical 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, July 2013: AED 55,000 a yearNew contract, August 2014: AED 55,000 a yearNew contract, June 2016: AED 117,000 a yearNew contract, June 2017: AED 105,000 a yearRenewal, June 2018: AED 105,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, May 2020: AED 68,000 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 2310 sits

All 126 2-beds →

2310 last sold in March 2022 at AED 877 per sqft, 3% above what two-beds in V3 Tower were fetching at the time (AED 851). 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. 2310's AED 68,000 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 23rd floor

All 328 units in V3 Tower
Value
23012-bedAED 700K · Mar 2024
23021-bedAED 915K · Jul 2023
23031-bedAED 602K · Apr 2010
23041-bedAED 911K · Jul 2013
23052-bedAED 1.32M · Jun 2022
23062-bedAED 1.36M · Oct 2018
23071-bedAED 605K · Oct 2020
1–7 of 9

2310, V3 Tower in numbers

  • Sold 4 times: first on 11 August 2010 for AED 1,136,188, last on 7 March 2022 for AED 1,150,000 (AED 877 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 55,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 16,300 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 March 2022.

Questions about 2310, V3 Tower

What did unit 2310 last sell for?

AED 1,150,000 on 7 March 2022: AED 877 per sqft for 1,310 sqft. The unit has 4 registered sales; the first was AED 1,136,188 in August 2010.

What is the rent for unit 2310?

AED 68,000 a year on the contract signed on 21 May 2020. The previous contract, from October 2019, was AED 80,000; the unit has been rented since July 2013.

How big is unit 2310?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 23rd floor of a 37-storey tower completed in 2009.

What is unit 2310 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 2310, V3 Tower

Starts from the last sale price (AED 1.15M, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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