1-bed · 811 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2009

2704, V3 Tower

Sold prices and rental history: sold 3 times, last in August 2013, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 880K1 August 2013
Current rentAED 78K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, V3 Tower

What is 2704 worth today?

Last sold for AED 880,000 in 2013

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25 Mar 2024RentedNew contract
AED 78,000/yr12 months · AED 97 per sqft
29 Dec 2021RentedNew contract
AED 78,000/yr12 months · AED 97 per sqft
8 Dec 2019RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
1 Aug 2013SoldReady
AED 880,000AED 1,085 per sqft
24 Mar 2013SoldReady
AED 705,000AED 869 per sqft
20 Apr 2010Sold by developerReady
AED 660,917AED 815 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
27th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 880K · August 2013
Building
V3 Tower

About 2704, V3 Tower

2704 is a one-bedroom apartment of 811 sqft on the 27th 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 1 August 2013 for AED 880,000, or AED 1,085 per sqft, 25% above the AED 868 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 25 March 2024, is AED 78,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 660,917 (AED 815 per sqft)Sold, March 2013: AED 705,000 (AED 869 per sqft)Sold, August 2013: AED 880,000 (AED 1,085 per sqft)

2704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in V3 Tower
40K60K80K2012201620202024Typical 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, December 2019: AED 72,000 a yearNew contract, December 2021: AED 78,000 a yearNew contract, March 2024: AED 78,000 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 2704 sits

All 162 1-beds →

2704 last sold in August 2013 at AED 1,085 per sqft, 25% above what one-beds in V3 Tower were fetching at the time (AED 868). 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. 2704's AED 78,000 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 27th floor

All 328 units in V3 Tower
Value
27012-bedAED 1.3M · Apr 2013
27021-bedAED 1M · Apr 2015
27031-bedAED 815K · Apr 2013
27052-bedAED 1.45M · Jun 2021
27062-bedAED 1.76M · Aug 2017
27071-bedAED 990K · Oct 2025
27081-bedAED 1.05M · Jan 2016
1–7 of 9

2704, V3 Tower in numbers

  • Sold 3 times: first on 20 April 2010 for AED 660,917, last on 1 August 2013 for AED 880,000 (AED 1,085 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, from AED 72,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2013 price is 8.9%, 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 25 March 2024.

Questions about 2704, V3 Tower

What did unit 2704 last sell for?

AED 880,000 on 1 August 2013: AED 1,085 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 660,917 in April 2010.

What is the rent for unit 2704?

AED 78,000 a year on the contract signed on 25 March 2024. The previous contract, from December 2021, was AED 78,000; the unit has been rented since December 2019.

How big is unit 2704?

811 sqft (75.3 sqm): a one-bedroom apartment on the 27th floor of a 37-storey tower completed in 2009.

What is unit 2704 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 2704, V3 Tower

Starts from the last sale price (AED 880K, 1 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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