2503, V3 Tower
Sold prices and rental history: sold once, by the developer in December 2017, 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 2503, V3 Tower
What is 2503 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 25th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 606K · December 2017
- Building
- V3 Tower
About 2503, V3 Tower
2503 is a one-bedroom apartment of 846 sqft on the 25th 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 26 December 2017 for AED 605,770, or AED 716 per sqft, 42% below the AED 1,241 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 28 November 2024, is AED 90,000 a year: a gross yield of 14.9% on the 2017 price, before the service charge of about AED 10,500 a year.
Sales and rents for 2503 over time
2503 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 2503 sits
All 162 1-beds →2503 last sold in December 2017 at AED 716 per sqft, 42% below what one-beds in V3 Tower were fetching at the time (AED 1,241). 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 62,000 to 125,000 a year. 2503's AED 90,000 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 25th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,348 sqft | AED 1.18MAED 1,177,271 · Dec 2010December 2010 | 135,000 /yr | |
| 2502 | 1-bed | 806 sqft | AED 594KAED 593,639 · Jun 2010June 2010 | ||
| 2504 | 1-bed | 811 sqft | AED 597KAED 597,430 · Jun 2010June 2010 | 54,000 /yr | |
| 2505 | 2-bed | 1,625 sqft | AED 1.85MAED 1,850,000 · Aug 2024August 2024 | 120,000 /yr | |
| 2506 | 2-bed | 1,625 sqft | AED 2.2MAED 2,200,000 · Mar 2015March 2015 | 109,695 /yr | |
| 2507 | 1-bed | 811 sqft | AED 580KAED 580,409 · Apr 2010April 2010 | 54,050 /yr | |
| 2508 | 1-bed | 846 sqft | AED 755KAED 755,000 · Nov 2021November 2021 | 84,000 /yr | |
| 2509 | 1-bed | 805 sqft | AED 634KAED 634,399 · Apr 2010April 2010 | 77,000 /yr | |
| 2510 | 2-bed | 1,310 sqft | AED 1.3MAED 1,300,000 · Apr 2018April 2018 | 115,000 /yr |
2503, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 December 2017 for AED 605,770, or AED 716 per sqft.
- Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 55,000 in 2021 and recovered to AED 90,000 by November 2024.
- At AED 90,000 a year the gross yield on the 2017 price is 14.9%, 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 28 November 2024.
Questions about 2503, V3 Tower
What did unit 2503 last sell for?
AED 605,770 on 26 December 2017, sold by the developer: AED 716 per sqft for 846 sqft. It is the only registered sale of the unit.
What is the rent for unit 2503?
AED 90,000 a year on the contract signed on 28 November 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since October 2018.
How big is unit 2503?
846 sqft (78.6 sqm): a one-bedroom apartment on the 25th floor of a 37-storey tower completed in 2009.
What is unit 2503 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 2503, V3 Tower
Starts from the last sale price (AED 606K, 26 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 605,770
- Deposit, UAE resident (20%)
- AED 121,154
- Deposit, non-resident (40%)
- AED 242,308
- Monthly over 25 years at 3.7%
- AED 2,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →