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3-bed · 2,166 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2903, V3 Tower

Sold prices and rental history: sold twice, last in November 2013, and rented once, from March 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 27 November 2013
Last soldAED 2.37M27 November 2013
Current rentAED 95K /yr15 March 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2903, V3 Tower

What is 2903 worth today?

Last sold for AED 2,370,000 in 2013

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27 Nov 2013SoldReady
AED 2,370,000AED 1,094 per sqft
4 Nov 2013Sold by developerReady
AED 1,455,500AED 672 per sqft
15 Mar 2012RentedNew contract
AED 95,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 27 November 2013.

Key facts

Type
3-bed apartment
Size
2,166 sqft
Floor
29th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 2.37M · November 2013
Building
V3 Tower

About 2903, V3 Tower

2903 is a three-bedroom apartment of 2,166 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 27 November 2013 for AED 2,370,000, or AED 1,094 per sqft, 61% above the AED 680 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2012. The current contract, signed on 15 March 2012, is AED 95,000 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 27,000 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, November 2013: AED 2,370,000 (AED 1,094 per sqft)Sold by developer, November 2013: AED 1,455,500 (AED 672 per sqft)

2903 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2903, 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, March 2012: AED 95,000 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 2903 sits

All 40 3-beds →

2903 last sold in November 2013 at AED 1,094 per sqft, 61% above what three-beds in V3 Tower were fetching at the time (AED 680). 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. 2903's AED 95,000 is at the bottom 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
29013-bedAED 1.52M · Nov 2017
29022-bedAED 1.7M · May 2014
29043-bedAED 3.04M · Jun 2025
29052-bedAED 891K · Feb 2013
29063-bedAED 2.9M · Aug 2024

2903, V3 Tower in numbers

  • Sold twice: first on 4 November 2013 for AED 1,455,500, last on 27 November 2013 for AED 2,370,000 (AED 1,094 per sqft).
  • Rented since March 2012 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 27,000 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 27 November 2013.

Questions about 2903, V3 Tower

What did unit 2903 last sell for?

AED 2,370,000 on 27 November 2013: AED 1,094 per sqft for 2,166 sqft. The unit has 2 registered sales; the first was AED 1,455,500 in November 2013.

What is the rent for unit 2903?

AED 95,000 a year on the contract signed on 15 March 2012.

How big is unit 2903?

2,166 sqft (201.2 sqm): a three-bedroom apartment on the 29th floor of a 37-storey tower completed in 2009.

What is unit 2903 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 2903, V3 Tower

Starts from the last sale price (AED 2.37M, 27 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,370,000
Deposit, UAE resident (20%)
AED 474,000
Deposit, non-resident (40%)
AED 948,000
Monthly over 25 years at 3.7%
AED 9,696

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