308, V3 Tower
Sold prices and rental history: sold twice, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, V3 Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 28 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 846 sqft
- Floor
- 3rd of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 810K · September 2023
- Building
- V3 Tower
About 308, V3 Tower
308 is a one-bedroom apartment of 846 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 28 September 2023 for AED 810,000, or AED 957 per sqft, 4% below the AED 998 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 4 August 2022, is AED 62,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in V3 Tower, and where 308 sits
All 162 1-beds →308 last sold in September 2023 at AED 957 per sqft, 4% below what one-beds in V3 Tower were fetching at the time (AED 998). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,242 per sqft, and rent for AED 54,000 to 125,000 a year. 308's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 811 sqft | 970,000 | 1,196 | ||
| 11 Sep 202611 September 2026 | 811 sqft | 1,100,000 | 1,357 | ||
| 1 Jun 20261 June 2026 | 811 sqft | 950,000 | 1,172 | ||
| 10 Mar 202610 March 2026 | 805 sqft | 1,000,000 | 1,242 |
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 | |
| 305 | 2-bed | 1,625 sqft | AED 1MAED 1,000,000 · Sep 2019September 2019 | 120,000 /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 | |
| 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 |
308, V3 Tower in numbers
- Sold twice: first on 19 May 2010 for AED 550,543, last on 28 September 2023 for AED 810,000 (AED 957 per sqft).
- Rented since July 2017 on 3 Ejari contracts, from AED 80,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 10,500 a year (AED 12.46 per sqft).
- One-beds in V3 Tower sold for AED 950,000–1,100,000 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 28 September 2023.
Questions about 308, V3 Tower
What did unit 308 last sell for?
AED 810,000 on 28 September 2023: AED 957 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 550,543 in May 2010.
What is the rent for unit 308?
AED 62,000 a year on the contract signed on 4 August 2022. The previous contract, from August 2018, was AED 65,000; the unit has been rented since July 2017.
How big is unit 308?
846 sqft (78.6 sqm): a one-bedroom apartment on the 3rd floor of a 37-storey tower completed in 2009.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in V3 Tower sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,242 per sqft.
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Mortgage on 308, V3 Tower
Starts from the last sale price (AED 810K, 28 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 810,000
- Deposit, UAE resident (20%)
- AED 162,000
- Deposit, non-resident (40%)
- AED 324,000
- Monthly over 25 years at 3.7%
- AED 3,314
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →