2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 27th floor · completed 2009

2706, V3 Tower

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 2 August 2017
Last soldAED 1.76M2 August 2017
Current rentAED 95K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, V3 Tower

What is 2706 worth today?

Last sold for AED 1,760,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Aug 2017SoldReady
AED 1,760,000AED 1,082 per sqft
1 Jun 2016RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
1 Jun 2015RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
1 Jun 2014RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
1 Jun 2013RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
22 May 2013SoldReady
AED 1,575,000AED 969 per sqft
20 Apr 2010Sold by developerReady
AED 1,280,314AED 787 per sqft

Source: Dubai Land Department. Updated 2 August 2017.

Key facts

Type
2-bed apartment
Size
1,625 sqft
Floor
27th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 1.76M · August 2017
Building
V3 Tower

About 2706, V3 Tower

2706 is a two-bedroom apartment of 1,625 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 2 August 2017 for AED 1,760,000, or AED 1,082 per sqft, in line with the AED 1,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 June 2016, is AED 95,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, April 2010: AED 1,280,314 (AED 787 per sqft)Sold, May 2013: AED 1,575,000 (AED 969 per sqft)Sold, August 2017: AED 1,760,000 (AED 1,082 per sqft)

2706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2706, 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, June 2013: AED 85,000 a yearNew contract, June 2014: AED 95,000 a yearRenewal, June 2015: AED 95,000 a yearRenewal, June 2016: AED 95,000 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 2706 sits

All 126 2-beds →

2706 last sold in August 2017 at AED 1,082 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 1,082). 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. 2706's AED 95,000 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 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
27041-bedAED 880K · Aug 2013
27052-bedAED 1.45M · Jun 2021
27071-bedAED 990K · Oct 2025
27081-bedAED 1.05M · Jan 2016
1–7 of 9

2706, V3 Tower in numbers

  • Sold 3 times: first on 20 April 2010 for AED 1,280,314, last on 2 August 2017 for AED 1,760,000 (AED 1,082 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 20,300 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 2 August 2017.

Questions about 2706, V3 Tower

What did unit 2706 last sell for?

AED 1,760,000 on 2 August 2017: AED 1,082 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 1,280,314 in April 2010.

What is the rent for unit 2706?

AED 95,000 a year on the contract renewed on 1 June 2016. The previous contract, from June 2015, was AED 95,000; the unit has been rented since June 2013.

How big is unit 2706?

1,625 sqft (151.0 sqm): a two-bedroom apartment on the 27th floor of a 37-storey tower completed in 2009.

What is unit 2706 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.

Selling 2706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2706, V3 Tower

Starts from the last sale price (AED 1.76M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

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