1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 25th floor · completed 2009

2507, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2507 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 580K20 April 2010
Current rentAED 54K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2507, V3 Tower

What is 2507 worth today?

Last sold for AED 580,409 in 2010

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17 Jan 2024RentedRenewal
AED 54,050/yr12 months · AED 67 per sqft
17 Jan 2022RentedRenewal
AED 23,500/yr24 months · AED 29 per sqft
17 Jan 2021RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
1 Mar 2018RentedNew contract
AED 68,000/yr12 months · AED 84 per sqft
1 Dec 2016RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Dec 2015RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Dec 2014RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
1 Jan 2012RentedNew contract
AED 46,000/yr23 months · AED 57 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
25th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 580K · April 2010
Building
V3 Tower

About 2507, V3 Tower

2507 is a one-bedroom apartment of 811 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 20 April 2010 for AED 580,409, or AED 716 per sqft, in line with the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 54,050 a year: a gross yield of 9.3% on the 2010 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2507 over time

Sales
Unit 2507, each saleTypical one-bed in V3 Tower
500K750K1M2010201520202025Typical sale price by year: 2010 AED 572,979; 2011 AED 525,750; 2012 AED 600,000; 2013 AED 735,000; 2014 AED 1,075,000; 2015 AED 985,000; 2016 AED 1,000,000; 2017 AED 1,050,000; 2018 AED 900,000; 2019 AED 573,643; 2020 AED 600,000; 2021 AED 733,000; 2022 AED 760,000; 2023 AED 850,000; 2024 AED 950,000; 2025 AED 995,000; 2026 AED 1,037,500Sold by developer, April 2010: AED 580,409 (AED 716 per sqft)

2507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2507, each contractTypical one-bed in V3 Tower
50K2012201620202024Typical rent by year: 2012 AED 52,750; 2013 AED 64,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 85,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,250; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 63,750; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 75,000New contract, January 2012: AED 46,000 a yearNew contract, December 2014: AED 65,000 a yearRenewal, December 2015: AED 70,000 a yearRenewal, December 2016: AED 70,000 a yearNew contract, March 2018: AED 68,000 a yearNew contract, January 2021: AED 38,000 a yearRenewal, January 2022: AED 23,500 a yearRenewal, January 2024: AED 54,050 a year

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 2507 sits

All 162 1-beds →

2507 last sold in April 2010 at AED 716 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 699). 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. 2507's AED 54,050 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 2026970,000
11 Sep 20261,100,000
1 Jun 2026950,000
10 Mar 20261,000,000
7 1-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 25th floor

All 328 units in V3 Tower
Value
25012-bedAED 1.18M · Dec 2010
25021-bedAED 594K · Jun 2010
25031-bedAED 606K · Dec 2017
25041-bedAED 597K · Jun 2010
25052-bedAED 1.85M · Aug 2024
25062-bedAED 2.2M · Mar 2015
25081-bedAED 755K · Nov 2021
1–7 of 9

2507, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 April 2010 for AED 580,409, or AED 716 per sqft.
  • Rented since January 2012 on 8 Ejari contracts. The rent fell from AED 46,000 to AED 23,500 in 2022 and recovered to AED 54,050 by January 2024.
  • At AED 54,050 a year the gross yield on the 2010 price is 9.3%, before a service charge of about AED 10,100 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 17 January 2024.

Questions about 2507, V3 Tower

What did unit 2507 last sell for?

AED 580,409 on 20 April 2010, sold by the developer: AED 716 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 2507?

AED 54,050 a year on the contract renewed on 17 January 2024. The previous contract, from January 2022, was AED 23,500; the unit has been rented since January 2012.

How big is unit 2507?

811 sqft (75.3 sqm): a one-bedroom apartment on the 25th floor of a 37-storey tower completed in 2009.

What is unit 2507 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 2507, V3 Tower

Starts from the last sale price (AED 580K, 20 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 580,409
Deposit, UAE resident (20%)
AED 116,082
Deposit, non-resident (40%)
AED 232,164
Monthly over 25 years at 3.7%
AED 2,375

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