2-bed · 1,625 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 3rd floor · completed 2009

306, V3 Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.3M26 July 2010
Current rentAED 97K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, V3 Tower

What is 306 worth today?

Last sold for AED 1,298,978 in 2010

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15 Feb 2025RentedRenewal
AED 97,050/yr4 months · AED 60 per sqft
15 Feb 2025RentedRenewal
AED 97,050/yr4 months · AED 60 per sqft
15 Feb 2024RentedRenewal
AED 93,713/yr12 months · AED 58 per sqft
15 Feb 2023RentedRenewal · flagged as an outlier
AED 9,371,250/yr12 months · AED 5,766 per sqft
15 Feb 2023RentedNew contract
AED 93,713/yr12 months · AED 58 per sqft
15 Feb 2022RentedRenewal
AED 89,250/yr12 months · AED 55 per sqft
15 Feb 2021RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
15 Feb 2020RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

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 1.3M · July 2010
Building
V3 Tower

About 306, V3 Tower

306 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. The developer sold it on 26 July 2010 for AED 1,298,978, or AED 799 per sqft, in line with the AED 791 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 97,050 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 20,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, July 2010: AED 1,298,978 (AED 799 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in V3 Tower
75K100K125K2012201620202024Typical 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, February 2012: AED 80,000 a yearNew contract, February 2013: AED 100,000 a yearRenewal, February 2014: AED 110,000 a yearNew contract, February 2015: AED 110,000 a yearRenewal, February 2016: AED 110,000 a yearNew contract, February 2017: AED 110,000 a yearRenewal, February 2019: AED 105,000 a yearRenewal, February 2020: AED 95,000 a yearRenewal, February 2021: AED 85,000 a yearRenewal, February 2022: AED 89,250 a yearNew contract, February 2023: AED 93,713 a yearRenewal, February 2024: AED 93,713 a yearRenewal, February 2025: AED 97,050 a yearRenewal, February 2025: AED 97,050 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 306 sits

All 126 2-beds →

306 last sold in July 2010 at AED 799 per sqft, in line with what two-beds in V3 Tower were fetching at the time (AED 791). 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. 306's AED 97,050 is in the lower 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 3rd floor

All 328 units in V3 Tower
Value
3012-bedAED 1.1M · Aug 2010
3021-bedAED 745K · Mar 2022
3031-bedAED 1.06M · Dec 2024
3041-bedAED 560K · Apr 2010
3052-bedAED 1M · Sep 2019
3071-bedAED 543K · Jul 2010
3081-bedAED 810K · Sep 2023
1–7 of 9

306, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 26 July 2010 for AED 1,298,978, or AED 799 per sqft.
  • Rented since February 2012 on 15 Ejari contracts, from AED 80,000 to AED 97,050 a year.
  • At AED 97,050 a year the gross yield on the 2010 price is 7.5%, 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 15 February 2025.

Questions about 306, V3 Tower

What did unit 306 last sell for?

AED 1,298,978 on 26 July 2010, sold by the developer: AED 799 per sqft for 1,625 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 97,050 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 97,050; the unit has been rented since February 2012.

How big is unit 306?

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 306 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 306, V3 Tower

Starts from the last sale price (AED 1.3M, 26 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,298,978
Deposit, UAE resident (20%)
AED 259,796
Deposit, non-resident (40%)
AED 519,591
Monthly over 25 years at 3.7%
AED 5,315

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