2-bed · 1,250 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2009

2805, V3 Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 889K20 June 2010
Current rentAED 120K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2805, V3 Tower

What is 2805 worth today?

Last sold for AED 888,676 in 2010

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20 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 96 per sqft
21 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 64 per sqft
21 Feb 2022RentedRenewal
AED 72,800/yr12 months · AED 58 per sqft
21 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
25 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
12 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
12 Apr 2018RentedRenewal
AED 110,000/yr6 months · AED 88 per sqft
12 Sep 2017RentedRenewal
AED 109,526/yr7 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
2-bed apartment
Size
1,250 sqft
Floor
28th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 889K · June 2010
Building
V3 Tower

About 2805, V3 Tower

2805 is a two-bedroom apartment of 1,250 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. The developer sold it on 20 June 2010 for AED 888,676, or AED 711 per sqft, 7% below the AED 766 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 20 December 2024, is AED 120,000 a year: a gross yield of 13.5% on the 2010 price, before the service charge of about AED 15,600 a year.

Sales and rents for 2805 over time

Sales
Unit 2805, 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, June 2010: AED 888,676 (AED 711 per sqft)

2805 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2805, each contractTypical two-bed in V3 Tower
100K2012201620202024Typical 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, September 2013: AED 95,000 a yearRenewal, September 2014: AED 100,000 a yearRenewal, September 2015: AED 110,000 a yearRenewal, September 2016: AED 110,000 a yearRenewal, September 2017: AED 109,526 a yearRenewal, April 2018: AED 110,000 a yearRenewal, October 2018: AED 110,000 a yearNew contract, December 2019: AED 80,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, February 2022: AED 72,800 a yearRenewal, February 2023: AED 80,000 a yearNew contract, December 2024: AED 120,000 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 2805 sits

All 126 2-beds →

2805 last sold in June 2010 at AED 711 per sqft, 7% below what two-beds in V3 Tower were fetching at the time (AED 766). 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. 2805's AED 120,000 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 28th floor

All 328 units in V3 Tower
Value
28013-bedAED 2.2M · Sep 2013
28022-bedAED 180K · Aug 2018
28033-bedAED 1.77M · Jun 2022
28043-bedAED 1.19M · Jun 2011
28063-bedAED 1.65M · Oct 2019

2805, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 June 2010 for AED 888,676, or AED 711 per sqft.
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 120,000 by December 2024.
  • At AED 120,000 a year the gross yield on the 2010 price is 13.5%, before a service charge of about AED 15,600 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 20 December 2024.

Questions about 2805, V3 Tower

What did unit 2805 last sell for?

AED 888,676 on 20 June 2010, sold by the developer: AED 711 per sqft for 1,250 sqft. It is the only registered sale of the unit.

What is the rent for unit 2805?

AED 120,000 a year on the contract signed on 20 December 2024. The previous contract, from February 2023, was AED 80,000; the unit has been rented since September 2013.

How big is unit 2805?

1,250 sqft (116.1 sqm): a two-bedroom apartment on the 28th floor of a 37-storey tower completed in 2009.

What is unit 2805 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 2805, V3 Tower

Starts from the last sale price (AED 889K, 20 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 888,676
Deposit, UAE resident (20%)
AED 177,735
Deposit, non-resident (40%)
AED 355,470
Monthly over 25 years at 3.7%
AED 3,636

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