3-bed · 2,293 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 32nd floor · completed 2009

3206, V3 Tower

Sold prices and rental history: sold twice, last in November 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 18 November 2014
Last soldAED 2.84M18 November 2014
Current rentAED 130K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3206, V3 Tower

What is 3206 worth today?

Last sold for AED 2,842,948 in 2014

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18 Nov 2014SoldReady
AED 2,842,948AED 1,239 per sqft
1 Feb 2014RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft
8 Jan 2013Sold by developerReady
AED 1,508,138AED 657 per sqft
1 Dec 2012RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 18 November 2014.

Key facts

Type
3-bed apartment
Size
2,293 sqft
Floor
32nd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 2.84M · November 2014
Building
V3 Tower

About 3206, V3 Tower

3206 is a three-bedroom apartment of 2,293 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 18 November 2014 for AED 2,842,948, or AED 1,239 per sqft, 87% above the AED 663 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 February 2014, is AED 130,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3206 over time

Sales
Unit 3206, 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, January 2013: AED 1,508,138 (AED 657 per sqft)Sold, November 2014: AED 2,842,948 (AED 1,239 per sqft)

3206 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3206, 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, December 2012: AED 115,000 a yearNew contract, February 2014: AED 130,000 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 3206 sits

All 40 3-beds →

3206 last sold in November 2014 at AED 1,239 per sqft, 87% above what three-beds in V3 Tower were fetching at the time (AED 663). 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. 3206's AED 130,000 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 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
32043-bedAED 1.43M · Mar 2019
32052-bedAED 1.8M · Nov 2025

3206, V3 Tower in numbers

  • Sold twice: first on 8 January 2013 for AED 1,508,138, last on 18 November 2014 for AED 2,842,948 (AED 1,239 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 115,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 4.6%, 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 18 November 2014.

Questions about 3206, V3 Tower

What did unit 3206 last sell for?

AED 2,842,948 on 18 November 2014: AED 1,239 per sqft for 2,293 sqft. The unit has 2 registered sales; the first was AED 1,508,138 in January 2013.

What is the rent for unit 3206?

AED 130,000 a year on the contract signed on 1 February 2014. The previous contract, from December 2012, was AED 115,000.

How big is unit 3206?

2,293 sqft (213.0 sqm): a three-bedroom apartment on the 32nd floor of a 37-storey tower completed in 2009.

What is unit 3206 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 3206, V3 Tower

Starts from the last sale price (AED 2.84M, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,842,948
Deposit, UAE resident (20%)
AED 568,590
Deposit, non-resident (40%)
AED 1,137,179
Monthly over 25 years at 3.7%
AED 11,631

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