2403, V3 Tower
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, V3 Tower
What is 2403 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 24th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 664K · May 2013
- Building
- V3 Tower
About 2403, V3 Tower
2403 is a one-bedroom apartment of 846 sqft on the 24th floor of V3 Tower, a 37-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by Sheikh Suroor Bin Mohd Alnehayan. The developer sold it on 13 May 2013 for AED 664,448, or AED 785 per sqft, 5% below the AED 823 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 March 2024, is AED 75,000 a year: a gross yield of 11.3% on the 2013 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2403 over time
2403 has sold once; 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 2403 sits
All 162 1-beds →2403 last sold in May 2013 at AED 785 per sqft, 5% below what one-beds in V3 Tower were fetching at the time (AED 823). 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. 2403's AED 75,000 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 24th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,348 sqft | AED 1.02MAED 1,017,468 · May 2013May 2013 | 129,305 /yr | |
| 2402 | 1-bed | 806 sqft | AED 800KAED 800,000 · Nov 2018November 2018 | 68,000 /yr | |
| 2404 | 1-bed | 811 sqft | AED 970KAED 970,000 · Jan 2024January 2024 | 77,000 /yr | |
| 2405 | 2-bed | 1,625 sqft | AED 1.74MAED 1,740,000 · May 2017May 2017 | ||
| 2406 | 2-bed | 1,625 sqft | AED 1.95MAED 1,950,000 · Dec 2024December 2024 | 125,000 /yr | |
| 2407 | 1-bed | 811 sqft | AED 1.08MAED 1,075,000 · Feb 2026February 2026 | 82,000 /yr | |
| 2408 | 1-bed | 846 sqft | AED 556KAED 555,900 · Nov 2010November 2010 | 73,000 /yr | |
| 2409 | 1-bed | 805 sqft | AED 875KAED 875,000 · Dec 2021December 2021 | 90,000 /yr | |
| 2410 | 2-bed | 1,310 sqft | AED 820KAED 820,000 · Dec 2010December 2010 |
2403, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 13 May 2013 for AED 664,448, or AED 785 per sqft.
- Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 75,000 by March 2024.
- At AED 75,000 a year the gross yield on the 2013 price is 11.3%, before a service charge of about AED 10,500 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 20 March 2024.
Questions about 2403, V3 Tower
What did unit 2403 last sell for?
AED 664,448 on 13 May 2013, sold by the developer: AED 785 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 2403?
AED 75,000 a year on the contract renewed on 20 March 2024. The previous contract, from March 2023, was AED 70,000; the unit has been rented since February 2018.
How big is unit 2403?
846 sqft (78.6 sqm): a one-bedroom apartment on the 24th floor of a 37-storey tower completed in 2009.
What is unit 2403 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 2403, V3 Tower
Starts from the last sale price (AED 664K, 13 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 664,448
- Deposit, UAE resident (20%)
- AED 132,890
- Deposit, non-resident (40%)
- AED 265,779
- Monthly over 25 years at 3.7%
- AED 2,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →