305, V3 Tower
Sold prices and rental history: sold 3 times, last in September 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, V3 Tower
What is 305 worth today?
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Source: Dubai Land Department. Updated 4 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,625 sqft
- Floor
- 3rd of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1M · September 2019
- Building
- V3 Tower
About 305, V3 Tower
305 is a two-bedroom apartment of 1,625 sqft on the 3rd 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 4 September 2019 for AED 1,000,000, or AED 615 per sqft, 17% below the AED 738 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 October 2018, is AED 120,000 a year: a gross yield of 12.0% on the 2019 price, before the service charge of about AED 20,300 a year.
Sales and rents for 305 over time
305 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 305 sits
All 126 2-beds →305 last sold in September 2019 at AED 615 per sqft, 17% below what two-beds in V3 Tower were fetching at the time (AED 738). 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. 305's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,625 sqft | 2,100,000 | 1,292 | ||
| 24 Jul 202624 July 2026 | 1,625 sqft | 2,300,000 | 1,415 | ||
| 12 Jan 202612 January 2026 | 1,348 sqft | 1,400,000 | 1,038 | ||
| 11 Dec 202511 December 2025 | 1,625 sqft | 2,190,000 | 1,347 |
V3 Tower
Building328 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%
Other units on the 3rd floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,348 sqft | AED 1.1MAED 1,103,482 · Aug 2010August 2010 | 90,000 /yr | |
| 302 | 1-bed | 806 sqft | AED 745KAED 745,000 · Mar 2022March 2022 | 91,000 /yr | |
| 303 | 1-bed | 846 sqft | AED 1.06MAED 1,055,000 · Dec 2024December 2024 | 90,000 /yr | |
| 304 | 1-bed | 811 sqft | AED 560KAED 559,984 · Apr 2010April 2010 | 62,370 /yr | |
| 306 | 2-bed | 1,625 sqft | AED 1.3MAED 1,298,978 · Jul 2010July 2010 | 97,050 /yr | |
| 307 | 1-bed | 811 sqft | AED 543KAED 542,967 · Jul 2010July 2010 | 66,066 /yr | |
| 308 | 1-bed | 846 sqft | AED 810KAED 810,000 · Sep 2023September 2023 | 62,000 /yr | |
| 309 | 1-bed | 805 sqft | AED 540KAED 539,518 · Mar 2013March 2013 | 65,000 /yr | |
| 310 | 2-bed | 1,310 sqft | AED 1.45MAED 1,450,000 · Jan 2017January 2017 | 130,000 /yr |
305, V3 Tower in numbers
- Sold 3 times: first on 30 January 2012 for AED 975,000, last on 4 September 2019 for AED 1,000,000 (AED 615 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 117,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2019 price is 12.0%, before a service charge of about AED 20,300 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 4 September 2019.
Questions about 305, V3 Tower
What did unit 305 last sell for?
AED 1,000,000 on 4 September 2019: AED 615 per sqft for 1,625 sqft. The unit has 3 registered sales; the first was AED 975,000 in January 2012.
What is the rent for unit 305?
AED 120,000 a year on the contract renewed on 1 October 2018. The previous contract, from October 2017, was AED 130,000; the unit has been rented since October 2013.
How big is unit 305?
1,625 sqft (151.0 sqm): a two-bedroom apartment on the 3rd floor of a 37-storey tower completed in 2009.
What is unit 305 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 305, V3 Tower
Starts from the last sale price (AED 1M, 4 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →