402, V3 Tower
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, V3 Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 16 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 806 sqft
- Floor
- 4th of 37
- Parking
- 1
- Developer
- Sheikh Suroor Bin Mohd Alnehayan
- Completed
- 2009
- Service charge
- AED 10,000 /yr
- Last sold
- AED 558K · April 2010
- Building
- V3 Tower
About 402, V3 Tower
402 is a one-bedroom apartment of 806 sqft on the 4th 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 19 April 2010 for AED 558,122, or AED 692 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 16 February 2026, is AED 77,000 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 10,000 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in V3 Tower, and where 402 sits
All 162 1-beds →402 last sold in April 2010 at AED 692 per sqft, in line with what one-beds in V3 Tower were fetching at the time (AED 702). Over the last 12 months one-beds sold for AED 950,000 to 1,100,000, around AED 1,242 per sqft, and rent for AED 54,000 to 125,000 a year. 402's AED 77,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 811 sqft | 970,000 | 1,196 | ||
| 11 Sep 202611 September 2026 | 811 sqft | 1,100,000 | 1,357 | ||
| 1 Jun 20261 June 2026 | 811 sqft | 950,000 | 1,172 | ||
| 10 Mar 202610 March 2026 | 805 sqft | 1,000,000 | 1,242 |
V3 Tower
Building328 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%
Other units on the 4th floor
All 328 units in V3 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,348 sqft | AED 1.43MAED 1,425,000 · Jun 2023June 2023 | 83,000 /yr | |
| 403 | 1-bed | 846 sqft | AED 1.25MAED 1,250,000 · May 2014May 2014 | 75,000 /yr | |
| 404 | 1-bed | 811 sqft | AED 700KAED 700,000 · Dec 2017December 2017 | 65,000 /yr | |
| 405 | 2-bed | 1,625 sqft | AED 1.11MAED 1,110,000 · Mar 2021March 2021 | 85,000 /yr | |
| 406 | 2-bed | 1,625 sqft | AED 1.9MAED 1,900,000 · May 2025May 2025 | 79,228 /yr | |
| 407 | 1-bed | 811 sqft | AED 1.09MAED 1,088,000 · Nov 2017November 2017 | 53,500 /yr | |
| 408 | 1-bed | 846 sqft | AED 950KAED 950,000 · Dec 2024December 2024 | 62,000 /yr | |
| 409 | 1-bed | 805 sqft | AED 541KAED 541,210 · Jul 2010July 2010 | 77,000 /yr | |
| 410 | 2-bed | 1,310 sqft | AED 1.4MAED 1,400,000 · Jun 2016June 2016 | 125,000 /yr |
402, V3 Tower in numbers
- Sold once: by Sheikh Suroor Bin Mohd Alnehayan on 19 April 2010 for AED 558,122, or AED 692 per sqft.
- Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 77,000 by February 2026.
- At AED 77,000 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 10,000 a year (AED 12.46 per sqft).
- One-beds in V3 Tower sold for AED 950,000–1,100,000 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 16 February 2026.
Questions about 402, V3 Tower
What did unit 402 last sell for?
AED 558,122 on 19 April 2010, sold by the developer: AED 692 per sqft for 806 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 77,000 a year on the contract signed on 16 February 2026. The previous contract, from January 2025, was AED 77,000; the unit has been rented since July 2014.
How big is unit 402?
806 sqft (74.9 sqm): a one-bedroom apartment on the 4th floor of a 37-storey tower completed in 2009.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in V3 Tower sold for AED 950,000 to 1,100,000 in the last 12 months, around AED 1,242 per sqft.
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Mortgage on 402, V3 Tower
Starts from the last sale price (AED 558K, 19 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 558,122
- Deposit, UAE resident (20%)
- AED 111,624
- Deposit, non-resident (40%)
- AED 223,249
- Monthly over 25 years at 3.7%
- AED 2,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →