3-bed · 2,293 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2906, V3 Tower

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 2.9M8 August 2024
Current rentAED 113K /yr27 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, V3 Tower

What is 2906 worth today?

Last sold for AED 2,900,000 in 2024

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8 Aug 2024SoldReady
AED 2,900,000AED 1,264 per sqft
27 Feb 2024RentedRenewal
AED 113,344/yr8 months · AED 49 per sqft
27 Feb 2023RentedRenewal
AED 107,000/yr12 months · AED 47 per sqft
27 Feb 2022RentedRenewal
AED 102,900/yr12 months · AED 45 per sqft
27 Feb 2021RentedNew contract
AED 98,000/yr12 months · AED 43 per sqft
20 Dec 2019RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft
1 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
3-bed apartment
Size
2,293 sqft
Floor
29th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 2.9M · August 2024
Building
V3 Tower

About 2906, V3 Tower

2906 is a three-bedroom apartment of 2,293 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 8 August 2024 for AED 2,900,000, or AED 1,264 per sqft, 12% above the AED 1,130 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 February 2024, is AED 113,344 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, November 2012: AED 1,513,200 (AED 660 per sqft)Sold, August 2024: AED 2,900,000 (AED 1,264 per sqft)

2906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2906, 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 2013: AED 120,000 a yearRenewal, March 2014: AED 127,000 a yearRenewal, March 2015: AED 139,000 a yearRenewal, February 2016: AED 160,000 a yearRenewal, March 2017: AED 160,000 a yearRenewal, March 2018: AED 140,000 a yearNew contract, March 2019: AED 140,000 a yearNew contract, December 2019: AED 130,000 a yearNew contract, February 2021: AED 98,000 a yearRenewal, February 2022: AED 102,900 a yearRenewal, February 2023: AED 107,000 a yearRenewal, February 2024: AED 113,344 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 2906 sits

All 40 3-beds →

2906 last sold in August 2024 at AED 1,264 per sqft, 12% above what three-beds in V3 Tower were fetching at the time (AED 1,130). 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. 2906's AED 113,344 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
29013-bedAED 1.52M · Nov 2017
29022-bedAED 1.7M · May 2014
29033-bedAED 2.37M · Nov 2013
29043-bedAED 3.04M · Jun 2025
29052-bedAED 891K · Feb 2013

2906, V3 Tower in numbers

  • Sold twice: first on 13 November 2012 for AED 1,513,200, last on 8 August 2024 for AED 2,900,000 (AED 1,264 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 98,000 in 2021 and recovered to AED 113,344 by February 2024.
  • At AED 113,344 a year the gross yield on the 2024 price is 3.9%, 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 8 August 2024.

Questions about 2906, V3 Tower

What did unit 2906 last sell for?

AED 2,900,000 on 8 August 2024: AED 1,264 per sqft for 2,293 sqft. The unit has 2 registered sales; the first was AED 1,513,200 in November 2012.

What is the rent for unit 2906?

AED 113,344 a year on the contract renewed on 27 February 2024. The previous contract, from February 2023, was AED 107,000; the unit has been rented since March 2013.

How big is unit 2906?

2,293 sqft (213.0 sqm): a three-bedroom apartment on the 29th floor of a 37-storey tower completed in 2009.

What is unit 2906 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 2906, V3 Tower

Starts from the last sale price (AED 2.9M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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