2408, V3 Tower
Sold prices and rental history: sold once, by the developer in November 2010, 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 2408, V3 Tower
What is 2408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 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 556K · November 2010
- Building
- V3 Tower
About 2408, V3 Tower
2408 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 28 November 2010 for AED 555,900, or AED 657 per sqft, 6% below the AED 698 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 73,000 a year: a gross yield of 13.1% on the 2010 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2408 over time
2408 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 2408 sits
All 162 1-beds →2408 last sold in November 2010 at AED 657 per sqft, 6% below what one-beds in V3 Tower were fetching at the time (AED 698). 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. 2408's AED 73,000 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 | |
| 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 | ||
| 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 | |
| 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 |
2408, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 28 November 2010 for AED 555,900, or AED 657 per sqft.
- Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 50,500 in 2021 and recovered to AED 73,000 by November 2024.
- At AED 73,000 a year the gross yield on the 2010 price is 13.1%, 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 1 November 2024.
Questions about 2408, V3 Tower
What did unit 2408 last sell for?
AED 555,900 on 28 November 2010, sold by the developer: AED 657 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 2408?
AED 73,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 73,000; the unit has been rented since February 2014.
How big is unit 2408?
846 sqft (78.6 sqm): a one-bedroom apartment on the 24th floor of a 37-storey tower completed in 2009.
What is unit 2408 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.
Selling 2408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2408, V3 Tower
Starts from the last sale price (AED 556K, 28 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 555,900
- Deposit, UAE resident (20%)
- AED 111,180
- Deposit, non-resident (40%)
- AED 222,360
- Monthly over 25 years at 3.7%
- AED 2,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →