2-bed · 1,250 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2902, V3 Tower

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 1.7M6 May 2014
Current rentAED 135K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, V3 Tower

What is 2902 worth today?

Last sold for AED 1,700,000 in 2014

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6 Dec 2025RentedRenewal
AED 135,000/yr12 months · AED 108 per sqft
6 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 104 per sqft
6 Dec 2023RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
6 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
1 Dec 2021RentedRenewal
AED 80,000/yr12 months · AED 64 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
1 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 76 per sqft
28 May 2014RentedRenewal
AED 100,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 6 December 2025.

Key facts

Type
2-bed apartment
Size
1,250 sqft
Floor
29th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.7M · May 2014
Building
V3 Tower

About 2902, V3 Tower

2902 is a two-bedroom apartment of 1,250 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 6 May 2014 for AED 1,700,000, or AED 1,360 per sqft, 52% above the AED 895 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 135,000 a year: a gross yield of 7.9% on the 2014 price, before the service charge of about AED 15,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, November 2012: AED 917,093 (AED 733 per sqft)Sold, May 2014: AED 1,700,000 (AED 1,360 per sqft)

2902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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, March 2012: AED 90,000 a yearNew contract, May 2013: AED 87,000 a yearRenewal, May 2014: AED 100,000 a yearNew contract, December 2019: AED 95,000 a yearNew contract, December 2020: AED 75,000 a yearRenewal, December 2021: AED 80,000 a yearNew contract, December 2022: AED 125,000 a yearNew contract, December 2023: AED 125,000 a yearRenewal, December 2024: AED 130,000 a yearRenewal, December 2025: AED 135,000 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 2902 sits

All 126 2-beds →

2902 last sold in May 2014 at AED 1,360 per sqft, 52% above what two-beds in V3 Tower were fetching at the time (AED 895). 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. 2902's AED 135,000 is in the upper 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 29th floor

All 328 units in V3 Tower
Value
29013-bedAED 1.52M · Nov 2017
29033-bedAED 2.37M · Nov 2013
29043-bedAED 3.04M · Jun 2025
29052-bedAED 891K · Feb 2013
29063-bedAED 2.9M · Aug 2024

2902, V3 Tower in numbers

  • Sold twice: first on 8 November 2012 for AED 917,093, last on 6 May 2014 for AED 1,700,000 (AED 1,360 per sqft).
  • Rented since March 2012 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 135,000 by December 2025.
  • At AED 135,000 a year the gross yield on the 2014 price is 7.9%, 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 6 December 2025.

Questions about 2902, V3 Tower

What did unit 2902 last sell for?

AED 1,700,000 on 6 May 2014: AED 1,360 per sqft for 1,250 sqft. The unit has 2 registered sales; the first was AED 917,093 in November 2012.

What is the rent for unit 2902?

AED 135,000 a year on the contract renewed on 6 December 2025. The previous contract, from December 2024, was AED 130,000; the unit has been rented since March 2012.

How big is unit 2902?

1,250 sqft (116.1 sqm): a two-bedroom apartment on the 29th floor of a 37-storey tower completed in 2009.

What is unit 2902 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 2902, V3 Tower

Starts from the last sale price (AED 1.7M, 6 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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