2-bed · 1,310 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 25th floor · completed 2009

2510, V3 Tower

Sold prices and rental history: sold 3 times, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2510 · DLD and Ejari recordsUpdated 22 April 2018
Last soldAED 1.3M22 April 2018
Current rentAED 115K /yr7 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2510, V3 Tower

What is 2510 worth today?

Last sold for AED 1,300,000 in 2018

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22 Apr 2018SoldReady
AED 1,300,000AED 992 per sqft
4 Oct 2016SoldReady
AED 1,430,000AED 1,091 per sqft
7 Mar 2015RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
7 Mar 2014RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
7 Sep 2013RentedNew contract
AED 92,000/yr6 months · AED 70 per sqft
13 Dec 2012Sold by developerReady
AED 785,976AED 599 per sqft

Source: Dubai Land Department. Updated 22 April 2018.

Key facts

Type
2-bed apartment
Size
1,310 sqft
Floor
25th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,300 /yr
Last sold
AED 1.3M · April 2018
Building
V3 Tower

About 2510, V3 Tower

2510 is a two-bedroom apartment of 1,310 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. It last sold on 22 April 2018 for AED 1,300,000, or AED 992 per sqft, 6% below the AED 1,058 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 7 March 2015, is AED 115,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2510 over time

Sales
Unit 2510, each saleTypical two-bed in V3 Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,163,855; 2011 AED 916,662; 2012 AED 1,015,168; 2013 AED 1,200,000; 2014 AED 1,700,000; 2015 AED 1,430,313; 2016 AED 1,455,000; 2017 AED 1,700,000; 2018 AED 1,235,000; 2019 AED 1,215,000; 2020 AED 1,110,282; 2021 AED 1,110,000; 2022 AED 1,225,000; 2023 AED 1,460,000; 2024 AED 1,875,000; 2025 AED 2,000,000; 2026 AED 2,100,000Sold by developer, December 2012: AED 785,976 (AED 599 per sqft)Sold, October 2016: AED 1,430,000 (AED 1,091 per sqft)Sold, April 2018: AED 1,300,000 (AED 992 per sqft)

2510 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2510, each contractTypical two-bed in V3 Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 94,000; 2020 AED 79,500; 2021 AED 77,000; 2022 AED 84,000; 2023 AED 92,000; 2024 AED 115,000; 2025 AED 123,000; 2026 AED 120,000New contract, September 2013: AED 92,000 a yearNew contract, March 2014: AED 105,000 a yearRenewal, March 2015: AED 115,000 a year

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 2510 sits

All 126 2-beds →

2510 last sold in April 2018 at AED 992 per sqft, 6% below what two-beds in V3 Tower were fetching at the time (AED 1,058). 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. 2510's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,100,000
24 Jul 20262,300,000
12 Jan 20261,400,000
11 Dec 20252,190,000
5 2-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
25071-bedAED 580K · Apr 2010
1–7 of 9

2510, V3 Tower in numbers

  • Sold 3 times: first on 13 December 2012 for AED 785,976, last on 22 April 2018 for AED 1,300,000 (AED 992 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 92,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 16,300 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 22 April 2018.

Questions about 2510, V3 Tower

What did unit 2510 last sell for?

AED 1,300,000 on 22 April 2018: AED 992 per sqft for 1,310 sqft. The unit has 3 registered sales; the first was AED 785,976 in December 2012.

What is the rent for unit 2510?

AED 115,000 a year on the contract renewed on 7 March 2015. The previous contract, from March 2014, was AED 105,000; the unit has been rented since September 2013.

How big is unit 2510?

1,310 sqft (121.7 sqm): a two-bedroom apartment on the 25th floor of a 37-storey tower completed in 2009.

What is unit 2510 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 2510, V3 Tower

Starts from the last sale price (AED 1.3M, 22 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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