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3-bed · 2,581 sqftV3 Tower, Jumeirah Lake Towers (JLT) · 37th floor · completed 2009

3702, V3 Tower

Sold prices and rental history: sold twice, last in September 2024, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 3.3M23 September 2024
Current rentAED 220K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3702, V3 Tower

What is 3702 worth today?

Last sold for AED 3,300,000 in 2024

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23 Sep 2024SoldReady
AED 3,300,000AED 1,278 per sqft
1 Dec 2023RentedNew contract
AED 220,000/yr12 months · AED 85 per sqft
26 Apr 2012Sold by developerReady
AED 1,550,000AED 600 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
3-bed apartment
Size
2,581 sqft
Floor
37th of 37
Parking
1
Developer
Sheikh Suroor Bin Mohd Alnehayan
Completed
2009
Service charge
AED 32,200 /yr
Last sold
AED 3.3M · September 2024
Building
V3 Tower

About 3702, V3 Tower

3702 is a three-bedroom apartment of 2,581 sqft on the 37th 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 23 September 2024 for AED 3,300,000, or AED 1,278 per sqft, 7% above the AED 1,197 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2023. The current contract, signed on 1 December 2023, is AED 220,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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, April 2012: AED 1,550,000 (AED 600 per sqft)Sold, September 2024: AED 3,300,000 (AED 1,278 per sqft)

3702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3702, each contractTypical three-bed in V3 Tower
100K200K2012201620202024Typical 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 2023: AED 220,000 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 3702 sits

All 40 3-beds →

3702 last sold in September 2024 at AED 1,278 per sqft, 7% above what three-beds in V3 Tower were fetching at the time (AED 1,197). 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. 3702's AED 220,000 is in the upper 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 37th floor

All 328 units in V3 Tower
Value
37013-bedAED 3M · Oct 2021
37033-bedAED 1.79M · May 2013
37043-bedAED 2M · Apr 2016

3702, V3 Tower in numbers

  • Sold twice: first on 26 April 2012 for AED 1,550,000, last on 23 September 2024 for AED 3,300,000 (AED 1,278 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 32,200 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 23 September 2024.

Questions about 3702, V3 Tower

What did unit 3702 last sell for?

AED 3,300,000 on 23 September 2024: AED 1,278 per sqft for 2,581 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in April 2012.

What is the rent for unit 3702?

AED 220,000 a year on the contract signed on 1 December 2023.

How big is unit 3702?

2,581 sqft (239.8 sqm): a three-bedroom apartment on the 37th floor of a 37-storey tower completed in 2009.

What is unit 3702 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 3702, V3 Tower

Starts from the last sale price (AED 3.3M, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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