3-bed · 2,293 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 33rd floor · completed 2009

3306, V3 Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3306 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.95M21 June 2023
Current rentAED 145K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3306, V3 Tower

What is 3306 worth today?

Last sold for AED 1,950,000 in 2023

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21 Jun 2023SoldReady
AED 1,950,000AED 850 per sqft
15 Oct 2022RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft
15 Oct 2019RentedNew contract
AED 127,000/yr12 months · AED 55 per sqft
12 Oct 2018RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
12 Oct 2017RentedNew contract
AED 144,000/yr12 months · AED 63 per sqft
9 Jun 2010Sold by developerReady
AED 1,696,598AED 739 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
3-bed apartment
Size
2,293 sqft
Floor
33rd of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 1.95M · June 2023
Building
V3 Tower

About 3306, V3 Tower

3306 is a three-bedroom apartment of 2,293 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. It last sold on 21 June 2023 for AED 1,950,000, or AED 850 per sqft, 3% above the AED 824 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 October 2022, is AED 145,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3306 over time

Sales
Unit 3306, 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, June 2010: AED 1,696,598 (AED 739 per sqft)Sold, June 2023: AED 1,950,000 (AED 850 per sqft)

3306 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3306, 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, October 2017: AED 144,000 a yearRenewal, October 2018: AED 140,000 a yearNew contract, October 2019: AED 127,000 a yearNew contract, October 2022: AED 145,000 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 3306 sits

All 40 3-beds →

3306 last sold in June 2023 at AED 850 per sqft, 3% above what three-beds in V3 Tower were fetching at the time (AED 824). 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. 3306's AED 145,000 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 33rd floor

All 328 units in V3 Tower
Value
33013-bedAED 1.14M · Sep 2017
33022-bedAED 1.02M · Apr 2010
33033-bedAED 1.92M · May 2023
33043-bedAED 1.75M · Aug 2021
33052-bedAED 902K · Aug 2010

3306, V3 Tower in numbers

  • Sold twice: first on 9 June 2010 for AED 1,696,598, last on 21 June 2023 for AED 1,950,000 (AED 850 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 144,000 to AED 127,000 in 2019 and recovered to AED 145,000 by October 2022.
  • At AED 145,000 a year the gross yield on the 2023 price is 7.4%, 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 21 June 2023.

Questions about 3306, V3 Tower

What did unit 3306 last sell for?

AED 1,950,000 on 21 June 2023: AED 850 per sqft for 2,293 sqft. The unit has 2 registered sales; the first was AED 1,696,598 in June 2010.

What is the rent for unit 3306?

AED 145,000 a year on the contract signed on 15 October 2022. The previous contract, from October 2019, was AED 127,000; the unit has been rented since October 2017.

How big is unit 3306?

2,293 sqft (213.0 sqm): a three-bedroom apartment on the 33rd floor of a 37-storey tower completed in 2009.

What is unit 3306 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 3306, V3 Tower

Starts from the last sale price (AED 1.95M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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