2-bed · 1,348 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 26th floor · completed 2009

2601, V3 Tower

Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 1.24M19 November 2018
Current rentAED 60K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, V3 Tower

What is 2601 worth today?

Last sold for AED 1,235,000 in 2018

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5 Oct 2023RentedNew contract
AED 60,000/yr24 months · AED 45 per sqft
10 Jun 2021RentedNew contract
AED 60,000/yr24 months · AED 45 per sqft
19 Nov 2018SoldReady
AED 1,235,000AED 916 per sqft
13 Mar 2017RentedRenewal
AED 120,000/yr12 months · AED 89 per sqft
13 Mar 2016RentedRenewal
AED 120,000/yr12 months · AED 89 per sqft
13 Mar 2015RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
13 Dec 2012Sold by developerReady
AED 808,584AED 599 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
2-bed apartment
Size
1,348 sqft
Floor
26th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 16,800 /yr
Last sold
AED 1.24M · November 2018
Building
V3 Tower

About 2601, V3 Tower

2601 is a two-bedroom apartment of 1,348 sqft on the 26th 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 19 November 2018 for AED 1,235,000, or AED 916 per sqft, in line with the AED 918 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 October 2023, is AED 60,000 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 16,800 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, 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 808,584 (AED 599 per sqft)Sold, November 2018: AED 1,235,000 (AED 916 per sqft)

2601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, each contractTypical two-bed in V3 Tower
50K100K2012201620202024Typical 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, March 2015: AED 120,000 a yearRenewal, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearNew contract, June 2021: AED 60,000 a yearNew contract, October 2023: AED 60,000 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 2601 sits

All 126 2-beds →

2601 last sold in November 2018 at AED 916 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 918). 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. 2601's AED 60,000 is at the bottom 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 26th floor

All 328 units in V3 Tower
Value
26021-bedAED 925K · Sep 2024
26031-bedAED 607K · Apr 2010
26041-bedAED 599K · Jan 2014
26052-bedAED 1.67M · Jun 2016
26062-bedAED 1.07M · May 2013
26071-bedAED 950K · Aug 2024
26081-bedAED 950K · Sep 2013
1–7 of 9

2601, V3 Tower in numbers

  • Sold twice: first on 13 December 2012 for AED 808,584, last on 19 November 2018 for AED 1,235,000 (AED 916 per sqft).
  • Rented since March 2015 on 5 Ejari contracts, from AED 120,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 4.9%, before a service charge of about AED 16,800 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 5 October 2023.

Questions about 2601, V3 Tower

What did unit 2601 last sell for?

AED 1,235,000 on 19 November 2018: AED 916 per sqft for 1,348 sqft. The unit has 2 registered sales; the first was AED 808,584 in December 2012.

What is the rent for unit 2601?

AED 60,000 a year on the contract signed on 5 October 2023. The previous contract, from June 2021, was AED 60,000; the unit has been rented since March 2015.

How big is unit 2601?

1,348 sqft (125.2 sqm): a two-bedroom apartment on the 26th floor of a 37-storey tower completed in 2009.

What is unit 2601 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 2601, V3 Tower

Starts from the last sale price (AED 1.24M, 19 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

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