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3-bed · 2,293 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 28th floor · completed 2009

2806, V3 Tower

Sold prices and rental history: sold twice, last in October 2019, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 14 October 2019
Last soldAED 1.65M14 October 2019
Current rentAED 128K /yr15 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2806, V3 Tower

What is 2806 worth today?

Last sold for AED 1,645,000 in 2019

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14 Oct 2019SoldReady
AED 1,645,000AED 717 per sqft
15 Apr 2019RentedRenewal
AED 128,000/yr12 months · AED 56 per sqft
15 Apr 2018RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
5 Apr 2012Sold by developerReady
AED 1,817,767AED 792 per sqft

Source: Dubai Land Department. Updated 14 October 2019.

Key facts

Type
3-bed apartment
Size
2,293 sqft
Floor
28th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 1.65M · October 2019
Building
V3 Tower

About 2806, V3 Tower

2806 is a three-bedroom apartment of 2,293 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 14 October 2019 for AED 1,645,000, or AED 717 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 15 April 2019, is AED 128,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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, April 2012: AED 1,817,767 (AED 792 per sqft)Sold, October 2019: AED 1,645,000 (AED 717 per sqft)

2806 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2806, 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, April 2018: AED 135,000 a yearRenewal, April 2019: AED 128,000 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 2806 sits

All 40 3-beds →

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. 2806's AED 128,000 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
28013-bedAED 2.2M · Sep 2013
28022-bedAED 180K · Aug 2018
28033-bedAED 1.77M · Jun 2022
28043-bedAED 1.19M · Jun 2011
28052-bedAED 889K · Jun 2010

2806, V3 Tower in numbers

  • Sold twice: first on 5 April 2012 for AED 1,817,767, last on 14 October 2019 for AED 1,645,000 (AED 717 per sqft).
  • Rented since April 2018 on 2 Ejari contracts, from AED 135,000 to AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 28,600 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 14 October 2019.

Questions about 2806, V3 Tower

What did unit 2806 last sell for?

AED 1,645,000 on 14 October 2019: AED 717 per sqft for 2,293 sqft. The unit has 2 registered sales; the first was AED 1,817,767 in April 2012.

What is the rent for unit 2806?

AED 128,000 a year on the contract renewed on 15 April 2019. The previous contract, from April 2018, was AED 135,000.

How big is unit 2806?

2,293 sqft (213.0 sqm): a three-bedroom apartment on the 28th floor of a 37-storey tower completed in 2009.

What is unit 2806 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 2806, V3 Tower

Starts from the last sale price (AED 1.65M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,645,000
Deposit, UAE resident (20%)
AED 329,000
Deposit, non-resident (40%)
AED 658,000
Monthly over 25 years at 3.7%
AED 6,730

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