3-bed · 2,192 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2901, V3 Tower

Sold prices and rental history: sold twice, last in November 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.52M16 November 2017
Current rentAED 135K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, V3 Tower

What is 2901 worth today?

Last sold for AED 1,518,000 in 2017

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1 Nov 2023RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
1 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
16 Nov 2017SoldReady
AED 1,518,000AED 692 per sqft
13 Oct 2011Sold by developerReady
AED 1,518,000AED 692 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
3-bed apartment
Size
2,192 sqft
Floor
29th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 27,300 /yr
Last sold
AED 1.52M · November 2017
Building
V3 Tower

About 2901, V3 Tower

2901 is a three-bedroom apartment of 2,192 sqft on the 29th 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 16 November 2017 for AED 1,518,000, or AED 692 per sqft, in line with the AED 692 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 135,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 27,300 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, October 2011: AED 1,518,000 (AED 692 per sqft)Sold, November 2017: AED 1,518,000 (AED 692 per sqft)

2901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, 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, November 2022: AED 110,000 a yearRenewal, November 2023: AED 135,000 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 2901 sits

All 40 3-beds →

2901 last sold in November 2017 at AED 692 per sqft, in line with what three-beds in V3 Tower were fetching at the time (AED 692). 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. 2901's AED 135,000 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 29th floor

All 328 units in V3 Tower
Value
29022-bedAED 1.7M · May 2014
29033-bedAED 2.37M · Nov 2013
29043-bedAED 3.04M · Jun 2025
29052-bedAED 891K · Feb 2013
29063-bedAED 2.9M · Aug 2024

2901, V3 Tower in numbers

  • Sold twice: first on 13 October 2011 for AED 1,518,000, last on 16 November 2017 for AED 1,518,000 (AED 692 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 8.9%, 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 1 November 2023.

Questions about 2901, V3 Tower

What did unit 2901 last sell for?

AED 1,518,000 on 16 November 2017: AED 692 per sqft for 2,192 sqft. The unit has 2 registered sales; the first was AED 1,518,000 in October 2011.

What is the rent for unit 2901?

AED 135,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 110,000.

How big is unit 2901?

2,192 sqft (203.6 sqm): a three-bedroom apartment on the 29th floor of a 37-storey tower completed in 2009.

What is unit 2901 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 2901, V3 Tower

Starts from the last sale price (AED 1.52M, 16 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,000
Deposit, UAE resident (20%)
AED 303,600
Deposit, non-resident (40%)
AED 607,200
Monthly over 25 years at 3.7%
AED 6,211

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