3-bed · 2,192 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2009

2801, V3 Tower

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 7 October 2023
Last soldAED 2.2M30 September 2013
Current rentAED 110K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, V3 Tower

What is 2801 worth today?

Last sold for AED 2,200,000 in 2013

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7 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 50 per sqft
7 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 48 per sqft
7 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
7 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
30 Sep 2013SoldReady
AED 2,200,000AED 1,003 per sqft
30 Jun 2010Sold by developerReady
AED 1,765,477AED 805 per sqft

Source: Dubai Land Department. Updated 7 October 2023.

Key facts

Type
3-bed apartment
Size
2,192 sqft
Floor
28th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 27,300 /yr
Last sold
AED 2.2M · September 2013
Building
V3 Tower

About 2801, V3 Tower

2801 is a three-bedroom apartment of 2,192 sqft on the 28th 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 30 September 2013 for AED 2,200,000, or AED 1,003 per sqft, 52% above the AED 660 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 October 2023, is AED 110,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 27,300 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical three-bed in V3 Tower
2M3M20102014201820222026Typical sale price by year: 2010 AED 1,618,581; 2011 AED 1,354,862; 2012 AED 1,430,000; 2013 AED 1,782,375; 2014 AED 1,432,906; 2017 AED 1,518,000; 2021 AED 1,750,000; 2022 AED 1,700,000; 2023 AED 1,935,000; 2025 AED 3,117,500Sold by developer, June 2010: AED 1,765,477 (AED 805 per sqft)Sold, September 2013: AED 2,200,000 (AED 1,003 per sqft)

2801 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2801, each contractTypical three-bed in V3 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 135,000; 2014 AED 140,000; 2015 AED 140,000; 2016 AED 162,500; 2017 AED 130,000; 2018 AED 130,000; 2019 AED 126,500; 2020 AED 96,250; 2021 AED 105,000; 2022 AED 110,250; 2023 AED 122,000; 2024 AED 150,000; 2025 AED 167,642; 2026 AED 173,500New contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in V3 Tower, and where 2801 sits

All 40 3-beds →

2801 last sold in September 2013 at AED 1,003 per sqft, 52% above what three-beds in V3 Tower were fetching at the time (AED 660). Over the last 12 months three-beds sold for AED 3,320,000, around AED 1,529 per sqft, and rent for AED 105,000 to 290,000 a year. 2801's AED 110,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20263,320,000
10 Oct 20253,470,000
22 Sep 20253,200,000
20 Jun 20253,035,000
1 3-bed sale 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 28th floor

All 328 units in V3 Tower
Value
28022-bedAED 180K · Aug 2018
28033-bedAED 1.77M · Jun 2022
28043-bedAED 1.19M · Jun 2011
28052-bedAED 889K · Jun 2010
28063-bedAED 1.65M · Oct 2019

2801, V3 Tower in numbers

  • Sold twice: first on 30 June 2010 for AED 1,765,477, last on 30 September 2013 for AED 2,200,000 (AED 1,003 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 27,300 a year (AED 12.46 per sqft).
  • Three-beds in V3 Tower sold for AED 3,320,000–3,320,000 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 7 October 2023.

Questions about 2801, V3 Tower

What did unit 2801 last sell for?

AED 2,200,000 on 30 September 2013: AED 1,003 per sqft for 2,192 sqft. The unit has 2 registered sales; the first was AED 1,765,477 in June 2010.

What is the rent for unit 2801?

AED 110,000 a year on the contract renewed on 7 October 2023. The previous contract, from October 2022, was AED 105,000; the unit has been rented since October 2020.

How big is unit 2801?

2,192 sqft (203.6 sqm): a three-bedroom apartment on the 28th floor of a 37-storey tower completed in 2009.

What is unit 2801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in V3 Tower sold for AED 3,320,000 to 3,320,000 in the last 12 months, around AED 1,529 per sqft.

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Mortgage on 2801, V3 Tower

Starts from the last sale price (AED 2.2M, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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