3-bed · 2,167 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2009

3204, V3 Tower

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 25 July 2020
Last soldAED 1.43M31 March 2019
Current rentAED 95K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, V3 Tower

What is 3204 worth today?

Last sold for AED 1,425,000 in 2019

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25 Jul 2020RentedNew contract
AED 95,000/yr12 months · AED 44 per sqft
15 May 2019RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
31 Mar 2019SoldReady
AED 1,425,000AED 657 per sqft
15 May 2018RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
25 May 2016RentedRenewal
AED 160,000/yr12 months · AED 74 per sqft
25 May 2015RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
25 May 2014RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
25 May 2013RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 25 July 2020.

Key facts

Type
3-bed apartment
Size
2,167 sqft
Floor
32nd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 1.43M · March 2019
Building
V3 Tower

About 3204, V3 Tower

3204 is a three-bedroom apartment of 2,167 sqft on the 32nd 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 31 March 2019 for AED 1,425,000, or AED 657 per sqft, 11% below the AED 738 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 July 2020, is AED 95,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 27,000 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, August 2012: AED 1,419,234 (AED 654 per sqft)Sold, December 2012: AED 1,800,000 (AED 830 per sqft)Sold, March 2019: AED 1,425,000 (AED 657 per sqft)

3204 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3204, 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, May 2013: AED 135,000 a yearRenewal, May 2014: AED 150,000 a yearNew contract, May 2015: AED 160,000 a yearRenewal, May 2016: AED 160,000 a yearNew contract, May 2018: AED 130,000 a yearNew contract, May 2019: AED 120,000 a yearNew contract, July 2020: 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 3204 sits

All 40 3-beds →

3204 last sold in March 2019 at AED 657 per sqft, 11% below what three-beds in V3 Tower were fetching at the time (AED 738). 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. 3204'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 32nd floor

All 328 units in V3 Tower
Value
32013-bedAED 1.62M · Feb 2010
32022-bedAED 925K · May 2010
32033-bedAED 1.92M · Aug 2022
32052-bedAED 1.8M · Nov 2025
32063-bedAED 2.84M · Nov 2014

3204, V3 Tower in numbers

  • Sold 3 times: first on 5 August 2012 for AED 1,419,234, last on 31 March 2019 for AED 1,425,000 (AED 657 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 23,750 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 6.7%, 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 25 July 2020.

Questions about 3204, V3 Tower

What did unit 3204 last sell for?

AED 1,425,000 on 31 March 2019: AED 657 per sqft for 2,167 sqft. The unit has 3 registered sales; the first was AED 1,419,234 in August 2012.

What is the rent for unit 3204?

AED 95,000 a year on the contract signed on 25 July 2020. The previous contract, from May 2019, was AED 120,000; the unit has been rented since March 2013.

How big is unit 3204?

2,167 sqft (201.3 sqm): a three-bedroom apartment on the 32nd floor of a 37-storey tower completed in 2009.

What is unit 3204 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 3204, V3 Tower

Starts from the last sale price (AED 1.43M, 31 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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