2-bed · 1,250 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 33rd floor · completed 2009

3302, V3 Tower

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 1.02M20 April 2010
Current rentAED 120K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, V3 Tower

What is 3302 worth today?

Last sold for AED 1,020,169 in 2010

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5 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 96 per sqft
1 Aug 2023RentedRenewal
AED 90,300/yr12 months · AED 72 per sqft
1 Aug 2022RentedRenewal
AED 90,300/yr12 months · AED 72 per sqft
1 Aug 2022RentedRenewal
AED 86,000/yr12 months · AED 69 per sqft
1 Aug 2021RentedRenewal
AED 82,000/yr12 months · AED 66 per sqft
1 Aug 2020RentedRenewal
AED 82,000/yr12 months · AED 66 per sqft
1 Aug 2019RentedNew contract
AED 87,000/yr12 months · AED 70 per sqft
18 Aug 2018RentedNew contract
AED 92,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
2-bed apartment
Size
1,250 sqft
Floor
33rd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.02M · April 2010
Building
V3 Tower

About 3302, V3 Tower

3302 is a two-bedroom apartment of 1,250 sqft on the 33rd 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 20 April 2010 for AED 1,020,169, or AED 816 per sqft, 4% above the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 5 October 2024, is AED 120,000 a year: a gross yield of 11.8% on the 2010 price, before the service charge of about AED 15,600 a year.

Sales and rents for 3302 over time

Sales
Unit 3302, 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, April 2010: AED 1,020,169 (AED 816 per sqft)

3302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3302, 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, August 2018: AED 92,000 a yearNew contract, August 2019: AED 87,000 a yearRenewal, August 2020: AED 82,000 a yearRenewal, August 2021: AED 82,000 a yearRenewal, August 2022: AED 90,300 a yearRenewal, August 2022: AED 86,000 a yearRenewal, August 2023: AED 90,300 a yearNew contract, October 2024: AED 120,000 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 3302 sits

All 126 2-beds →

3302 last sold in April 2010 at AED 816 per sqft, 4% above what two-beds in V3 Tower were fetching at the time (AED 787). 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. 3302's AED 120,000 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 33rd floor

All 328 units in V3 Tower
Value
33013-bedAED 1.14M · Sep 2017
33033-bedAED 1.92M · May 2023
33043-bedAED 1.75M · Aug 2021
33052-bedAED 902K · Aug 2010
33063-bedAED 1.95M · Jun 2023

3302, V3 Tower in numbers

  • Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 20 April 2010 for AED 1,020,169, or AED 816 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 82,000 in 2021 and recovered to AED 120,000 by October 2024.
  • At AED 120,000 a year the gross yield on the 2010 price is 11.8%, before a service charge of about AED 15,600 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 5 October 2024.

Questions about 3302, V3 Tower

What did unit 3302 last sell for?

AED 1,020,169 on 20 April 2010, sold by the developer: AED 816 per sqft for 1,250 sqft. It is the only registered sale of the unit.

What is the rent for unit 3302?

AED 120,000 a year on the contract signed on 5 October 2024. The previous contract, from August 2023, was AED 90,300; the unit has been rented since August 2018.

How big is unit 3302?

1,250 sqft (116.1 sqm): a two-bedroom apartment on the 33rd floor of a 37-storey tower completed in 2009.

What is unit 3302 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 3302, V3 Tower

Starts from the last sale price (AED 1.02M, 20 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,169
Deposit, UAE resident (20%)
AED 204,034
Deposit, non-resident (40%)
AED 408,068
Monthly over 25 years at 3.7%
AED 4,174

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