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3-bed · 2,171 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 34th floor · completed 2009

3404, V3 Tower

Sold prices and rental history: sold twice, last in January 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 1.7M25 January 2022
Current rentAED 105K /yr10 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3404, V3 Tower

What is 3404 worth today?

Last sold for AED 1,700,000 in 2022

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25 Jan 2022SoldReady
AED 1,700,000AED 783 per sqft
10 Jun 2021RentedNew contract
AED 105,000/yr12 months · AED 48 per sqft
1 Jun 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
11 Mar 2014Sold by developerReady
AED 1,432,906AED 659 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
3-bed apartment
Size
2,171 sqft
Floor
34th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 27,100 /yr
Last sold
AED 1.7M · January 2022
Building
V3 Tower

About 3404, V3 Tower

3404 is a three-bedroom apartment of 2,171 sqft on the 34th 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 25 January 2022 for AED 1,700,000, or AED 783 per sqft, in line with the AED 807 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 June 2021, is AED 105,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 27,100 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, March 2014: AED 1,432,906 (AED 659 per sqft)Sold, January 2022: AED 1,700,000 (AED 783 per sqft)

3404 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3404, 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, June 2019: AED 150,000 a yearNew contract, June 2021: AED 105,000 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 3404 sits

All 40 3-beds →

3404 last sold in January 2022 at AED 783 per sqft, in line with what three-beds in V3 Tower were fetching at the time (AED 807). 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. 3404's AED 105,000 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 34th floor

All 328 units in V3 Tower
Value
34013-bedAED 1.36M · May 2022
34022-bedAED 1.12M · Oct 2011
34033-bedAED 1.7M · Oct 2021
34052-bedAED 2.1M · Jun 2014
34063-bedAED 1.18M · Jul 2014

3404, V3 Tower in numbers

  • Sold twice: first on 11 March 2014 for AED 1,432,906, last on 25 January 2022 for AED 1,700,000 (AED 783 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 150,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 27,100 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 January 2022.

Questions about 3404, V3 Tower

What did unit 3404 last sell for?

AED 1,700,000 on 25 January 2022: AED 783 per sqft for 2,171 sqft. The unit has 2 registered sales; the first was AED 1,432,906 in March 2014.

What is the rent for unit 3404?

AED 105,000 a year on the contract signed on 10 June 2021. The previous contract, from June 2019, was AED 150,000.

How big is unit 3404?

2,171 sqft (201.7 sqm): a three-bedroom apartment on the 34th floor of a 37-storey tower completed in 2009.

What is unit 3404 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 3404, V3 Tower

Starts from the last sale price (AED 1.7M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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