2802, V3 Tower
Sold prices and rental history: sold 4 times, last in August 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2802, V3 Tower
What is 2802 worth today?
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Source: Dubai Land Department. Updated 15 August 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 125 sqft
- Floor
- 28th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 1,600 /yr
- Last sold
- AED 180K · August 2018
- Building
- V3 Tower
About 2802, V3 Tower
2802 is a two-bedroom apartment of 125 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 15 August 2018 for AED 180,000, or AED 1,440 per sqft, 46% above the AED 988 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 4 September 2014, is AED 97,459 a year: a gross yield of 54.1% on the 2018 price, before the service charge of about AED 1,600 a year.
Sales and rents for 2802 over time
2802 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2802 sits
All 126 2-beds →2802 last sold in August 2018 at AED 1,440 per sqft, 46% above what two-beds in V3 Tower were fetching at the time (AED 988). 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. 2802's AED 97,459 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
V3 Tower
Building328 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%
Other units on the 28th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 3-bed | 2,192 sqft | AED 2.2MAED 2,200,000 · Sep 2013September 2013 | 110,000 /yr | |
| 2803 | 3-bed | 2,166 sqft | AED 1.77MAED 1,770,000 · Jun 2022June 2022 | 110,000 /yr | |
| 2804 | 3-bed | 2,167 sqft | AED 1.19MAED 1,191,724 · Jun 2011June 2011 | ||
| 2805 | 2-bed | 1,250 sqft | AED 889KAED 888,676 · Jun 2010June 2010 | 120,000 /yr | |
| 2806 | 3-bed | 2,293 sqft | AED 1.65MAED 1,645,000 · Oct 2019October 2019 | 128,000 /yr |
2802, V3 Tower in numbers
- Sold 4 times: first on 25 April 2013 for AED 914,509, last on 15 August 2018 for AED 180,000 (AED 1,440 per sqft).
- Rented since May 2013 on 3 Ejari contracts, from AED 104,718 to AED 97,459 a year.
- At AED 97,459 a year the gross yield on the 2018 price is 54.1%, before a service charge of about AED 1,600 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 15 August 2018.
Questions about 2802, V3 Tower
What did unit 2802 last sell for?
AED 180,000 on 15 August 2018: AED 1,440 per sqft for 125 sqft. The unit has 4 registered sales; the first was AED 914,509 in April 2013.
What is the rent for unit 2802?
AED 97,459 a year on the contract signed on 4 September 2014. The previous contract, from September 2013, was AED 98,000; the unit has been rented since May 2013.
How big is unit 2802?
125 sqft (11.6 sqm): a two-bedroom apartment on the 28th floor of a 37-storey tower completed in 2009.
What is unit 2802 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 2802, V3 Tower
Starts from the last sale price (AED 180K, 15 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 180,000
- Deposit, UAE resident (20%)
- AED 36,000
- Deposit, non-resident (40%)
- AED 72,000
- Monthly over 25 years at 3.7%
- AED 736
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →