2406, V3 Tower
Sold prices and rental history: sold 3 times, last in December 2024, 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 2406, V3 Tower
What is 2406 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 24th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.95M · December 2024
- Building
- V3 Tower
About 2406, V3 Tower
2406 is a two-bedroom apartment of 1,625 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. It last sold on 27 December 2024 for AED 1,950,000, or AED 1,199 per sqft, 4% above the AED 1,153 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 10 March 2023, is AED 125,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 20,300 a year.
Sales and rents for 2406 over time
2406 has sold 3 times; 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 2406 sits
All 126 2-beds →2406 last sold in December 2024 at AED 1,199 per sqft, 4% above what two-beds in V3 Tower were fetching at the time (AED 1,153). 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. 2406's AED 125,000 is in the upper 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 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 | |
| 2403 | 1-bed | 846 sqft | AED 664KAED 664,448 · May 2013May 2013 | 75,000 /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 | ||
| 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 |
2406, V3 Tower in numbers
- Sold 3 times: first on 29 February 2012 for AED 1,040,000, last on 27 December 2024 for AED 1,950,000 (AED 1,199 per sqft).
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 119,678 to AED 77,000 in 2020 and recovered to AED 125,000 by March 2023.
- At AED 125,000 a year the gross yield on the 2024 price is 6.4%, 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 27 December 2024.
Questions about 2406, V3 Tower
What did unit 2406 last sell for?
AED 1,950,000 on 27 December 2024: AED 1,199 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 1,040,000 in February 2012.
What is the rent for unit 2406?
AED 125,000 a year on the contract signed on 10 March 2023. The previous contract, from December 2020, was AED 77,000; the unit has been rented since October 2017.
How big is unit 2406?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 24th floor of a 37-storey tower completed in 2009.
What is unit 2406 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 2406, V3 Tower
Starts from the last sale price (AED 1.95M, 27 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →